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Titan close to acquiring stake in Caratlane.com

Tata Group company Titan, which already enjoys strong presence in jewellery business, is said to be finalizing an investment of about 30 million dollars (over Rs 186 crores) in popular jewellery portal Caratlane.com. Sources suggest that the deal would fetch valuation of Rs 1,200 crores to Caratlane. Interestingly, after his retirement from the...

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