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Raymond shares hits record high after textile company's board announces demerger of real estate arm

The shares of Raymond surged around 10 per cent to Rs 3236 per share as the stock markets opened th…

ANI   


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3 mins read

High profile divorces are stories of claims and counterclaims best settled outside court

In the process of reaching an agreement following their divorce, Nawaz Modi Singhania, 53, the sepa…

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Raymond independent directors say no law requires them to investigate matrimonial disputes

Raymond independent directors say no law requires them to investigate matrimonial disputes. "The ID…

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3 mins read

Stock market closing: Reliance, ONGC rally, HDFC and Titan amidst laggards

HDFC Bank (down by 4.5%), Titan (down by 1.90%), LTI Mindtree (down by 0.85%), Tata Steel (down by …

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Lockdown effect: People are ready to get dressed & go says Gautam Singhania of Raymond

Raymond says that the same store sales growth has more than doubled compared to the pre-pandemic le…

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4 mins read

Raymond group sells FMCG biz to Godrej for Rs 2,825 crore in all-cash deal

Raymond is exiting the consumer care business in India, selling condom brands KamaSutra and Premium…

PTI   


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"Every drop will count," ⁠says billionaire Gautam Singhania as he hints at job cuts at Raymond in a video message to employees

There will be job cuts at the Raymond Group, revealed the billionaire Chairman and Managing Directo…

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5 mins read

Raymond lays off hundreds of employees⁠— some of them say they haven’t received the promised severance pay

Not just that, for those who lost their jobs, many of them are complaining that they didn’t rece…

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From Shoppers Stop and Raymond to small retailers ⁠— thousands of people have lost their jobs

The debt-ridden Future Group had already laid off hundreds of employees in January 2020, as …

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3 mins read

Top stocks to watch — Future Retail, RIL, Bharti Infratel, Airtel, Wipro, Dabur, DHFL, SpiceJet, and others

Indian stock-market indices are likely to start on a tepid note on Wednesday, led by mixed cues fro…

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2 mins read

Raymond expects gradual pick up after lockdown

"As we are all aware that due to the lockdown in the entire country, all our point of sales are shu…

PTI   


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3 mins read

Top stocks to watch— Future Retail, PVR, Central Bank, ICICI Bank, SpiceJet, Indiabulls Housing Finance, Ashok Leyland and more

Indian stock market is likely to open on positive note tracking cues from the global peers. At 7:40…

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Raymond is spending millions on SAP, Microsoft, PwC, and Accenture to rewire the company

Raymond has been popular for its suits for decades in India but it wants to be more than that start…

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2 mins read

Raymond CMD Singhania decides to forgo salary during lockdown, to take pay cut after that

"In light of the current situation, I have taken the decision that I will not be taking any salary…

PTI   


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Online luxury watch segment is growing over a whopping 200% in India, Flipkart Fashion Head explains why

Men however lead the way atleast in this category, “Close to 55% of sales in this category come fro…

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While fighting his father, an Indian billionaire will quit his nearly 100-year old conglomerate

India's Raymond Group, which owns a slew of businesses from ready-made garments and toiletries to…

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India's Vocational Training Act To Provide Legal Framework For Skill India Programme

As a large no. of youths enter the workforce every year, India needs to improve quality of training…

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In the funding winter, only four companies turn unicorns in the June quarter

The ongoing funding winter has already caused a slowdown in the unicorn creation trend of India. On…