CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Name the founder of Titan Co Ltd, who died on 27 June 2016
A
Xerxes Sapur Desai
B
Bhaskar Bhat
C
Rangarajan
D
None of the above
Explanation: 

Detailed explanation-1: -Titan Company Limited (Titan), a joint venture between the Tata Group and the Tamil Nadu Industrial Development Corporation (TIDCO), commenced its operations in 1984 under the name Titan Watches Limited. Titan is the fifth largest integrated own brand watch manufacturer in the world.

Detailed explanation-2: -Amazon Quiz: Who is the founder of this company, that started out as a watch brand in 1984? Xerxes Desai, the first managing director of the Titan Company, was born in 1937. He graduated from Elphinstone College under Mumbai University and went on to study at Oxford University in England.

Detailed explanation-3: -TITAN is a short form of Tata Industries Tamil Nadu, it was started as a joint venture between TN govt and Tata Industries. TITAN today is the 4th largest Luxury watch maker in the world, it also owns brands like Tanishq, Tata Eye Plus, etc, . Tamil Nadu Industries Corporation still owns 28% share in the company.

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