India’s Titan Co to raise stake in its subsidiary CaratLane
MUMBAI, Aug 19 (Reuters) – India’s Tata Group-owned Titan Co (TITN.NS) will acquire an additional 27.18% of equity shares in its subsidiary CaratLane Trading Pvt Ltd for 46.21 billion rupees ($555.81 million), it said in an exchange statement on Saturday. Titan has entered into a share purchase agreement to acquire all of the 91,90,327 equity … Read more