Noel Tata is set to conclude his association with Titan Company as vice chairman and director on November 12. The development was confirmed through a regulatory filing submitted by the company to the stock exchanges, marking the end of his tenure on Titan's board after more than two decades.
\n\nTata joined the company's board in August 2003 and has played an important role in providing strategic guidance during its expansion across India's consumer and retail markets. In its filing, Titan acknowledged his contribution to the organisation's development and growth over the years.
\n\n“Mr Tata has been associated with the company since August 2003 and during his tenure, he has provided valuable guidance and strategic direction to the company. His extensive experience and deep understanding of the consumer and retail businesses have greatly enriched the Board’s deliberations and contributed to the company’s evolution and growth over the years,” the filing announcing its results for the July-September quarter said.
\n\nTitan Reports Strong Profit Growth in Q2FY27
\n\nTitan Company recorded a consolidated net profit of Rs 2,393 crore in the July-September quarter, representing a year-on-year increase of 113.7 per cent.
\n\nHowever, the sharp rise in reported earnings was partly influenced by a one-time…
Original source: https://www.timesnownews.com/business-economy
