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RAPAPORT… Titan Company reported strong jewelry sales in the first
fiscal quarter and said it expects to benefit from India’s new tax system.

The jewelry division saw 50% year-on-year growth during the
period running up to the Akshaya Tritiya festival on April 28, an important
season for gold-buying, Titan said Tuesday. The retailer also operated a “very
successful” gold-exchange prog…

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