CaratLane’s losses soar in FY16, reserves plunge to Rs 122 cr

CaratLane Trading, which operates CaratLane, an online jewellery portal, has seen a 34% decline in its reserves to R122 crore in 2015-16. The company, which was recently acquired by Titan Company, had held R185 crore as reserves in the previous year, according to a filing with the Registrar of Companies.Read More