Tag Archives: Target’s

China targets social media in new crackdown

  Chinese social media sites are accused of jeopardising national security China’s largest social media platforms are being investigated for suspected breaches of the nation’s strict cybersecurity laws. The new laws, which critics say seek to control citizens’ access to information, are being rigorously enforced ahead of a planned reshuffle at the top of the Communist Party. According… Read More »

Intex targets Rs 520-crore sales with 25 new mobile phone launches

Home-grown mobile manufacturer Intex Technologies (India ) Ltd has set a sales target of Rs 520 crore with launch of 25 new mobile handsets lined up over the next three months. The new models to be launched between June and August comprise 16 smartphones and nine feature phones. The smart devices will be 4G-compliant and will be priced… Read More »

Titan targets e-biz, buys CaratLane

Titan Company Limited will acquire a majority stake in CaratLane, an online jewellery store strengthening its presence in the e-commerce segment, a top official said. “The acquisition (of CaratLane) will bring significant capabilities in the e-commerce space along with a brand, a customer segment and a business model that is very exciting,” said Bhaskar Bhat, Managing Director, Titan… Read More »

Target’s managing director says resignation ‘the right thing’ amid accounting issues

Target’s managing director Stuart Machin has resigned, as parent company Wesfarmers investigates claims of accounting issues in its most recent half-year results. Key points: Stuart Machin says moving on “right thing” as accounting issues happened on his watch Wesfarmers launches comprehensive investigation into accounting problems Target reportedly agreed to give suppliers additional rebates in return for higher price… Read More »