Titan

Stocks to Watch, Dec 2: Here is a list of stocks that will be in focus for today's session

As many as 27 out of the Nifty 50 stocks are trading below their respective long-term moving average; analysts see this as an overall weak trend in the market.

Total expenses of Titan increased 20.23 per cent to Rs 13,709 crore in the June quarter

FMCG remains the largest super-category, followed by food & beverage, automobile, and personal accessories

The BSE Sensex has surged 23.26 per cent, while the Nifty50 climbed 25.29 per cent thus far in Samvat 2080

Ratan Tata Death news Updates: Ratan Tata, the colossus of India Inc, who is credited with radically transforming the Tata Group into a global powerhouse, died at the age of 86, the company said

Titan share price dropped despite the company reporting robust business performance for the September quarter (Q2FY25).

Witnesses testified that the company that operated an experimental deep-water submersible that imploded, killing five people, put profits over safety and ignored warning signs before the disaster. Several company officials, meanwhile, spoke of the explorer spirit and taking calculated risks to push humankind's boundaries. Those different viewpoints emerged as the Coast Guard panel on Friday wraps up two weeks of testimony on the Titan disaster last year. The panel is tasked with determining why the carbon-fibre submersible was lost 12,500 feet (3,810 metres) deep on the ocean floor near the wreck of the Titanic. Testimony painted contrasting images of greed and hubris as OceanGate sought out well-heeled clients for its submersible made from carbon fibre a material that was untested at such depths versus modern-day explorers who carefully considered risks as they sought to open the deepest depths of the world's oceans to more people. Guillermo Sohnlein, who helped found OceanGate .

Representatives for NASA, Boeing Co. and the US Coast Guard are slated to testify in front of investigators on Thursday about the experimental submersible that imploded en route to the wreckage of the Titanic. OceanGate co-founder Stockton Rush was among the five people who died when the submersible imploded in June 2023. The design of the company's Titan submersible has been the source of scrutiny since the disaster. The Coast Guard opened a public hearing earlier this month that is part of a high level investigation into the cause of the implosion. Some of the testimony has focused on the troubled nature of the company. Thursday's testimony is scheduled to include Justin Jackson of NASA; Mark Negley of Boeing Co.; John Winters of Coast Guard Sector Puget Sound; and Lieutenant Commander Jonathan Duffett of the Coast Guard Office of Commercial Vessel Compliance. Earlier in the hearing, former OceanGate operations director David Lochridge said he frequently clashed with Rush and fel

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One of the top officials with the company that owned the experimental submersible that imploded en route to the wreckage of the Titanic is scheduled to testify in front of the Coast Guard on Tuesday. Amber Bay, OceanGate's former director of administration, is one of the key witnesses Tuesday. OceanGate co-founder Stockton Rush was among the five people who died when the submersible imploded in June 2023. The Coast Guard opened a public hearing earlier this month that is part of a high level investigation into the cause of the implosion. Some of the testimony has focused on the troubled nature of the company. The co-founder of the company told the Coast Guard panel on Monday that he hoped a silver lining of the disaster is that it will inspire a renewed interest in exploration, including the deepest waters of the world's oceans. Businessman Guillermo Sohnlein, who helped found OceanGate with Rush, ultimately left the company before the Titan disaster. This can't be the end of deep

A mission specialist for the company that owned the Titan submersible that imploded in 2023 is scheduled to testify before the US Coast Guard on Thursday. Renata Rojas is the latest person to testify who is connected to Titan owner OceanGate after an investigatory panel has listened to two days of testimony that raised questions about the company's operations before the doomed mission. OceanGate co-founder Stockton Rush was among five people who died when the submersible imploded en route to the site of the Titanic wreck in June 2023. Earlier this month, the Coast Guard opened a public hearing that is part of a high-level investigation into the cause of the implosion. The public hearing began on September 16 and some of the testimony has focused on the troubled nature of the company. During the hearing, former OceanGate operations director David Lochridge said he frequently clashed with Rush and felt the company was committed only to making money. The whole idea behind the company

A key employee who labelled a doomed experimental submersible unsafe prior to its last, fatal voyage testified Tuesday that he frequently clashed with the company's co-founder and felt the company was committed only to making money. David Lochridge, OceanGate's former operations director, is one of the most anticipated witnesses to appear before a commission trying to determine what caused the Titan to implode en route to the wreckage of the Titanic last year, killing all five on board. His testimony echoed that of other former employees Monday, one of whom described OceanGate head Stockton Rush as volatile and difficult to work with. The whole idea behind the company was to make money, Lochridge said. There was very little in the way of science. Rush was among the five people who died in the implosion. OceanGate owned the Titan and brought it on several dives to the Titanic going back to 2021. Lochridge's testimony began a day after other witnesses painted a picture of a troubled

A key employee who labelled an experimental submersible unsafe prior to its last, fatal voyage was set to testify Tuesday before US Coast Guard investigators. David Lochridge is one of the most anticipated witnesses to appear before a commission trying to determine what caused the Titan to implode en route to the wreckage of the Titanic last year, killing all five on board. Lochridge is former operations director for OceanGate, the company that owned the Titan and brought it on several dives to the Titanic going back to 2021. His testimony will come a day after other witnesses painted a picture of a troubled company that was impatient to get its unconventionally designed craft into the water. The accident set off a worldwide debate about the future of private undersea exploration. Among those killed was Stockton Rush, co-founder of OceanGate. The company, based in Washington state, suspended its operations after the implosion. OceanGate's former engineering director, Tony Nissen,

In the past one month, Titan has outperformed the market by surging 10 per cent, compared to the 4.5 per cent rise in the BSE Sensex during the period.

The reduction was primarily driven due to Reliance, Titan, Raymond, Page, and Spencers, which cut 52,000 jobs, or 17% of their workforce

The family of a French explorer who died in a submersible implosion has filed a more than USD 50 million lawsuit, saying the crew experienced terror and mental anguish before the disaster and accusing the sub's operator of gross negligence. Paul-Henri Nargeolet was among five people who died when the Titan submersible imploded during a voyage to the famed Titanic wreck site in the North Atlantic in June 2023. No one survived the trip aboard the experimental submersible owned by OceanGate, a company in Washington state that has since suspended operations. Known as Mr. Titanic, Nargeolet participated in 37 dives to the Titanic site, the most of any diver in the world, according to the lawsuit. He was regarded as one of the world's most knowledgeable people about the famous wreck. Attorneys for his estate said in an emailed statement that the doomed submersible had a troubled history, and that OceanGate failed to disclose key facts about the vessel and its durability. According to the

Shares of Titan fell 7.56 to Rs 3,201 per share on the BSE in Monday's intraday deals. This came after the company reported a marginal decline in net profits on a year-on-year (YoY) basis

At 6:41 AM, GIFT Nifty futures were down 369 points, trading at 24,342.50, suggesting a gap-down start.

The Tata group-owned company reported a 5% fall in consolidated profit to Rs 715 crore ($85.4 million) in the quarter ended June 30, from Rs 756 crore an year ago