The third quarter (ended September 30) for Tanishq has been quite exciting in terms of sales. Besides, Titan Industries showed the similar growth in all its businesses specifically jewellery and watches.%%Tanishq is reported to register a 72 per cent rise in its sales amounting to Rs.296.90 crore ($65 million) while watch sales increased by 21 per cent amounting to Rs.224.86 crore ($49 million).%%The first half of the year was also fairly profitable for the company. Titan industries witnessed a 73 percent increase in jewellery sales and 20 per cent in watch sales amounting to Rs.585.15 crore ($129 million) and Rs.373.54 crore ($82 million) respectively.%%The reduction in gold prices is the reason for the sudden increase in jewellery demand.