New Delhi, Oct. 8 -- Titan Company on Tuesday announced an 18% increase in domestic sales for the second quarter, a moderation from the 25% growth seen in the same period last year, as surging gold prices dampened demand for higher-carat jewellery.

The company's luxury division, Jaguar Land Rover (JLR), recorded a 24.2% year-on-year decline in wholesales to 66,165 units in Q2, while retail sales slipped 17.1% to 85,495 units.

On Tuesday, the Supreme Court declined to dismiss the money laundering case against JSW Steel and its officials in relation to the illegal mining scam tied to Obulapuram Mining Company (OMC), owned by mining magnate and BJP leader G. Janardhana Reddy.

The company will handle the transportation of bulk cement for U...