Indian stock news
On June 9, 2026, Titan Company Limited announced its strategic entry into the premium international eyewear market by acquiring a 75% stake in a prominent European boutique eyewear brand. The acquisition, valued at ₹1,200 crore, provides the company with immediate access to high--end design expertise and an established distribution network across 15 countries. This move is projected to increase the eyewear division's contribution to total revenue to 15% by FY28. Management described the acquisition as "a pivotal milestone in our strategy to transform Titan into a globally recognized lifestyle brand."