Titan to acquire additional 27.2% in CaratLane for ₹4,621 crore to raise stake to 98.28%
Representational image | Photo Credit: Reuters Jewellery maker Titan on Saturday announced increasing stake in its subsidiary and new-age jewellery brand CaratLane to 98.28% by acquiring an additional 27.18% share for ₹4,621 crore. The Tata group-managed firm has entered into a share purchase agreement with CaratLane founders — Mithun Sacheti and Srinivasa Gopalan — and…