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titan: Titan gets CCI nod for additional stake purchase in CaratLane

The combination relates to the acquisition of 27.18 per cent share capital of CaratLane (a subsidiary of Titan) by Titan Company Ltd, on a fully diluted basis, from Mithun Padam Sacheti, Siddhartha Padam Sacheti, and Padamchand Sacheti, according to a release ....

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Star shine hard to come by for jewellery brands as celebs jack up endorsement charges, put stringent conditions

A senior executive of a prominent jewellery brand, asking not to be identified, said the asking price of big stars is roughly around ₹8 crore a day. "It s becoming unviable for the business. Even at this hefty price, they are reluctant to give more than three days in a year to the brand they are endorsing, won t change costumes more than two times on the day of shooting, and won t work more than eight hours on that day including traffic time." ....

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Star shine hard to come by for jewellery brands as celebs jack up endorsement charges, put stringent conditions, ET Retail

A senior executive of a prominent jewellery brand, asking not to be identified, said the asking price of big stars is roughly around ₹8 crore a day. "It s becoming unviable for the business. Even at this hefty price, they are reluctant to give more than three days in a year to the brand they are endorsing, won t change costumes more than two times on the day of shooting, and won t work more than eight hours on that day including traffic time." ....

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