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CaratLane

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Nazara now has a new CEO, Executive Director and CFO. Why is the founder stepping back now?

Nazara Technologies Limited has completed another stage of its founder succession, with Nitish Mittersain moving from Managing Director to a non-executive board role while CaratLane co-founder Mithun Sacheti becomes Executive Director. The company has also changed Chief Financial Officers, creating a significantly different leadership structure only weeks after installing Raymond Stauffer as Chief Executive Officer.
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Titan Company Q1 profit jumps 63%, but Rs 407cr one-off gain changes the margin story as shares hit record high

Titan Company delivered a 63% rise in Q1 FY27 profit as jewellery demand accelerated and its retail network expanded, sending the stock to a fresh record. Beneath the headline, however, a ₹407 crore customs-duty benefit and losses at newly consolidated Damas Jewellery make underlying margins the more important test.