Analysts have largely cut their FY20 earnings forecast for the Tata Group firm by 4-10 per cent.

Our revenues were flat in a quarter where the industry consumption on gold was minus 32% in tonnes.

“Sales in all divisions in the second half of December were also impacted to some extent due to forced store closures due to the protests in the North East and in many other parts of the country,” the company said in a stock exchange filing on Saturday.

The growth of healthy lifestyle has added impetus to the athleisure trend.

The revenue growth was led by the jewellery segment, while growth in other segments were muted during the quarter.

“We certainly expect FY21 to better than FY20, because we are going to work smarter and harder on many things that we need to do. But at the same time, we are prepared for a situation which is going to be very-very tough.”

Retail in India has not developed at the same pace as the products. Getting good quality retail is a challenge. The country has limited number of malls. There is no high street.

Jewellery remains the main business of the company, generating most of its operating profit (EBIT). It added 34 jewellery stores in the first nine months and plans to add another 16 by the end of the fiscal taking the total store count to 337.

The watchmaker will form a development centre in Hyderabad with HUG in hardware, firmware, software and cloud technology and has appointed the company's founder Raj Neravati to head technology for wearables at Titan Company.

“Titan phased out its older models and launched Fastrack’s Reflex 2.0 in the 2018Q3. It helped the brand to get a healthy 70% sequential growth in its overall shipments in the overall wearable segment,” IDC said.

Vinyl – Mego

Peter Rehberg, the owner and founder of the label Editions Mego, is behind the moniker Pita. Since the mid nineties he has been a prolific composer but he is more moderate in his solo releases producing only →

The MIT Press, ISBN-13: 978-0262039802, English, 464 pages, 2019, USA

Nam June Paik is back in the limelight, thanks to an important historical exhibition at Tate Modern (see the report in this issue). There has →

The elderly Viv notices our presence and invites us to sit in her kitchen, right there in front of her, where she can see us. Thus began the interactive video experience “The Visit“, born from the collaboration of the artist →

Duke University Press, ISBN-13: 978-0822368687, English, 288 pages, 2019, USA

Eidsheim starts this book by introducing ‘the acousmatic question’ (“who’s this, who’s speaking?”) to discuss the dichotomy between a sound and its source before and →

Bloomsbury Academic, ISBN-13: 978-1501333774, English, 208 pages, 2019, UK

This is the second (revisited edition) of one of the first books addressing sound art as such, attempting through a diversified research a consistent and universal →

INTRO – If you like your country or acoustic music slick and highly produced, don’t buy the following CD by Raleigh’s Lynda Dawson and Greenville’s Pattie Hopkins. One guitar, one fiddle, two voices … that’s it … and the CD’s title tells you everything you need to know about the music inside. George Olsen talked with Lynda & Pattie and has this. When I receive music in the mail the first thing I might notice is the CDs title. In the case of Lynda Dawson & Pattie Hopkins CD “Traditional Duets” the first thing that popped into my head was “they certainly didn’t expend a lot of energy naming this disc.” After listening to the disc my review changed to “great music, boring name.” Boring or not, Lynda & Pattie somehow stumbled upon a perfectly descriptive title for their CD that somehow after centuries of traditional music is absolutely unique. (PH) “Traditional Duets was actually a place holder with our graphic design artist and toward the end of the project we fell in love

In an interview with Fox Business, Cook said: "I see India as a huge opportunity for us. For years, we could not enter there unless we entered there with a partner into retail and we did not want to do that. We wanted to maintain control of our brand and so forth".

Due to an 'abundance of caution' as the coronavirus threat loomed, Apple closed all retail stores, corporate offices and contact centres in Mainland China. Last week, Apple warned that coronavirus outbreak will affect its business in the January-March quarter as worldwide iPhone supply will be temporarily constrained

The decision was taken in the 39th GST Council meeting chaired by finance minister Nirmala Sitharaman. The move was made to correct the inverted duty structure. ​

The authority said it found that Apple acted to prevent independent retailers in France from competing on price and abused its economic power over them.

The state government has given permission to various companies, including Samsung, to start operations with a maximum of 3,000 employees in a manufacturing unit.

King Digital Entertainment Plc, owner of Candy Crush, has signed an exclusive licensing deal with Mumbai-based Dream Theatre, to license and sell Candy Crush branded products across South Asia.

Nazara Technologies has mandated investment bank Credit Suisse to raise Rs 480-640 crore, the largest capitalraise in India’s still nascent mobile gaming industry.

Reliance Entertainment, an arm of the Anil Ambani-headed Reliance Group, on Thursday named Amit Khanduja as the new CEO of Reliance Games, effective June 1.

Toonz Animation, the flagship division of leading content company Toonz Entertainment, has signed a major deal with Gummybear International Inc.

The game, which has been launched in India and the US, is available for Rs 6,249 on its portal and Amazon.in.

The new launch includes five notebooks and a desktop powered with sharp designs and graphics.

Currently featured on The Sound , download for free Every Day from Caitlin Canty 's new CD "Golden Hour."

Free download of Superman Blues from the Kentucky Headhunters with Johnnie Johnson 's new CD "Meet Me in Bluesland", currently featured on The Sound. Find out more about the artist here .

Barely a week before he was taken into CBI custody on charges of defaulting on bank loans to the tune of Rs 3,000 crore, Rotomac chairman Vikram Kothari was among the top 100 key invitees to the mega UP investor summit.

The offer comprises a fresh issue aggregating up to Rs 330 crore and an offer for sale of up to Rs 120 crore.

Shaw will feature in a line of exclusive limited edition stationery, inspired by and with inputs from him.

Complicated manufacturing and investment needs may have a role in keeping new players out of the business.

The company had also brought the Classmate Pulse Selfie notebooks, allowing personalisation of notebooks with a selfie on the cover.

The court allowed a day's transit remand for both the accused, who were arrested on Thursday for alleged default on loan repayment.

Readers have placed online orders and bookstores are keeping a track of each order and are hoping to cater to every such customer once the situation gets better.

Kohler would enhance its sales network in the domestic markets by having presence in 200 towns in next three years and become a 1,000 store company in next five years.

Bed Bath & Beyond used to sell Ivanka Trump’s diaper bags in various prints on its vast online store. Suddenly, in March, the listings disappeared.

The company will spend about Rs 90 cr to expand and modernise the plant spread over 17 acres this fiscal, he said.

The Group has launched a marketing campaign including digital, outdoor, television and cinema to promote the brand, the company said in a statement.

Sebi shall also appoint an independent audit firm for conducting a detailed forensic audit of the books of accounts of Ricoh for the financial year 2012-13 onwards till date, the cost of which shall be borne by Ricoh.

"Some part of Kurl-on's business did get cannibalized with the opening of IKEA's first store in Hyderabad, but it is not a cause of worry," Sudhakar Pai, Chairman and MD, Kurl-on says.

India imports 45% of completely built units of consumer durables from China and it also imports nearly 70% of the components for television, and other consumer durable products. The price increase by suppliers at a time when demand is drastically down has hit the sector hard, said the presentation by Ficci to the government.

Products such as laptops, smartphones and printers have become crucial for those working from home, while household appliances like washing machines, ACs, TVs and vacuum cleaners are now more important than ever for households.

​​Individually, each brand is seeking more clarity and approval on the guidelines. The guidelines say that we would have to open in a phased manner. All brands are gearing up to open up, wherever, it will be permitted," CEAMA President Kamal Nandi said.

The company plans to make investments of around Rs 210 crore on infrastructure development of the facility over the next four years.

Most consumer durables companies in India rely on imported components. Poor input supplies since January and later closure of factories, malls, shops and offices due to the lockdown hit consumer demand badly.

"Sales and profits of set products business, including smartphones and TVs, are expected to decline significantly as COVID-19 affects demand and leads to store and plant closures globally," Samsung said in a statement.

Major retail chains including Viveks, Shahs, Girias, Vasanth and Co are among the signatories of the letter, which fears job losses might start impacting one lakh of families, besides a steep drop in direct and indirect tax revenues to the state.

With about a million products available on its website, Tolexo is among the largest B2B ecommerce sites in the country, serving 2.5 lakh businesses.