New Delhi, Mar 15 (PTI) Tata Group’s jewellery division Tanishq today launched a new sub brand ‘Rivaah’ targeting the Indian wedding buyers. Also Read - Expanding Retail Footprint? Tata Group in Final Stage to Acquire Stake in BigBasket, 1mg: Report

“With the launch of its second sub-brand, Tanishq makes available a wide range of stunning handcrafted wedding jewellery for brides from across India, designed and conceptualised by the design team in Bangalore,” Titan said in a statement. Also Read - Tata Group Likely to Buy 80% Stake in Online Grocer BigBasket For USD 1.3 Billion: Report

Tanishq, which is part of Titan Company Ltd, launched its first sub-brand ‘Mia’ for working women in 2011. Also Read - IPL 2020, RCB vs KXIP: Jofra Archer Hilariously Trolls Virat Kohli's Dance Moves, Antics Ahead of the Clash in Sharjah | WATCH

“Over the years, we have seen the potential for this category grow and we feel that now is the best time to carve our wedding jewellery offering into an identity of its own.

With Rivaah, we will initially cater to 13 bridal communities across India and celebrate their culture,” Titan Company Jewellery Division Senior Vice President, Retail and marketing Sandeep Kulhalli said.

* * * * *

Tata Housing to launch home festival on Mar 17-19 * Realty firm Tata Housing today said its arm Tata Value Homes will launch home festival during March 17-19 offering price protection and easy payment plans for the prospective home buyers.

The initiative coincides with Tata Founder’s Month, celebrated in commemoration of the birth anniversary of Tata Group founder Jamsetji Nusserwanji Tata, the company said in a statement.

The apartments in a price range of Rs 16-80 lakhs are being offered in this festival at its projects in Boisar, Talegaon, Bengaluru, Chennai, NCR and Ahmedabad.

Tata Value Homes has introduced a price protection plan for its consumers during the three-day ‘National Home Owning Day’ under which home buyer would get a refund if the company reduces the price of the apartment.

* * * * * * *

Kalpataru Power Transmission approves Rs 100 cr debt issue * Kalpataru Power Transmission today said that its board has approve issuance of Rs 100 crore unsecured non-convertible debentures on private placement basis.

“The Executive Committee of Board of Directors at its meeting held today has approved issuance of Listed Rated Unsecured Redeemable Taxable Non-Convertible Debentures of Rs 100 crore on private placement basis,” the company said in a BSE filing today.

This is published unedited from the PTI feed.