Shop, Share & Smile offers for Tata Employees

My family members and friends are also benefitting by availing various discounts on tata brands. Overall It is a win-win situation for both Tata and costumers. I love Tata Shop Share Smile …

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10%
OFF

Best Way For Caratlane Purchase? - TechnoFino

1 week from now

Aug 12, 2023. #9. Just a shoutout for caratlane, since they changed diamond offer from 10% off to 20 %off, they reach out to me , canceled previous made to order placed and ordered with …

technofino.in

27%
OFF

Titan Picks Up 27% More In CaratLane For Rs 4,621 Crore

1 week from now

Aug 19, 2023 · Titan buys 27.18% of CaratLane for Rs 4,621 Cr from Mithun Sacheti, India's 2nd largest founder-exit. Tata group company Titan is acquiring another 27.18% stake in its …

indiatimes.com

FAQs about Shop, Share & Smile offers for Tata Employees Coupon?

Will Tata raise its stake in CaratLane?

The watch and jewellery maker managed by Ratan Tata-led Tata Group is raising its stake in the jewellery brand to 98.28 percent from 71.09 percent currently. This move will result in a total of Rs 340-380 crore in Employee Stock Ownership Plan (ESOPs) to be paid out to more than 70 employees at CaratLane, according to a MoneyControl report. ...

Does Tata rely on CaratLane?

Six years later, Tata’s faith in CaratLane stands vindicated. The quarter ended June 2022 was the online jeweller’s best quarter ever, with revenues soaring over 200% to Rs 483 crore. That is more revenue in a quarter than it made for the entire year ended March 2019. The company also reported a profit before tax of Rs 26.7 crore for the quarter. ...

Will Tata buy CaratLane ESOPs for $42 million?

Tata group company Titan, which agreed to purchase CaratLane founder Mithun Sacheti 's stake in the omnichannel jewellery retailer for Rs 4,621 crore, is expected to buy employee stock options (ESOPs) held by CaratLane employees for around Rs 340-350 crore, or approximately $42 million, people aware of the discussions said. ...

Who owns Tata CaratLane?

The Tata group-managed firm has entered into a share purchase agreement with CaratLane founders -- Mithun Sacheti and Srinivasa Gopalan -- and their family members to acquire all the shares held by them representing 27.18 per cent, taking its total holding to 98.28 per cent, said a joint statement. ...

Is Titan's CaratLane deal a good investment?

Not too shabby for a business in which Titan has invested just Rs 505 crore in equity thus far. E-commerce startups or brands acquired by traditional retailers and conglomerates have not thrived. But the CaratLane deal by Titan stands out, with the company turning profitable and posting record revenues. ...

Does CaratLane offer a Plan of Purchase?

CaratLane, India's most-loved omnichannel jewellery retailer, offers a jewellery investment plan called Plan of Purchase to help customers plan their purchases in advance. It was acquired by Titan Company Ltd in 2023. ...