Rekha Jhunjhunwala increased her Titan stake by 15 lakh shares, raising total ownership to 5.3%. Titan’s Q2 saw broad growth: domestic business up 18%, international up 86%, jewellery and emerging segments leading. With a five-year return of 200%, Titan remains a cornerstone of the Jhunjhunwala family’s investment portfolio.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.