Tanishq (India) Ltd.plans to merge itself with its parent company - Titan Industries. So far, the Board at Titan has passed a Scheme of Amalgamation to this effect, reports suggest. %% to further the merger plans, Tanishq has filed a petition with the High Court in the state of Karnataka. %% The merger plans follow the parent company’s intent to reduce the number of its subsidiaries, it owns two others - Titan Time products Ltd and Titan Properties Ltd.