Page 4 - Raymond

Raymond is entering the real estate business to monetise land bank in Thane

Raymond's new real estate venture dubbed 'Raymond Realty' will build 3,000 two-bedroom housing units across 14 acres of land at Thane in Maharashtra, in the first phase of the project over five years.

Raymond revamps supply chain, weighs on digital tools for more efficiency

The biggest gains have been reducing time lags along the chain and freeing up working capital

Don't release autobiography till Mar 13: HC to Raymond's Vijaypat Singhania

The bench was hearing an application filed by Singhania seeking the transfer of a suit filed against him in the Thane District Court by Raymond

Raymond's dirty linen: Father-son fight makes for a nasty court case

The succession mess threatens the company's brand equity, built over decades with, ironically, advertising campaigns showcasing the brand as the one to wear for important 'family' occasions

Gautam Singhania steps down as Raymond Apparel chairman

Company officials said Singhania resigned because he wanted seasoned executives to professionalise Raymond Apparel's management and enhance corporate governance

Gautam Singhania steps down as Raymond Apparel chairman: Report

Gautam Singhania has stepped down as the chairman of Raymond's branded apparel arm with a view to run the company more professionally. Nirvik Singh will be replacing Singania, as a non-executive chairman, and the latter will continue to remain on the board of Raymond Apparel, an official statement said. Anshu Sarin has joined the board of Raymond Apparel as a non-executive director, and Gautam Trivedi has joined the board as an independent director, it added. ****************** Savita Oils ties up with Tata Motors * Lubricants maker Savita Oils has tied up with Tata Motors to supply 'original oil' for passenger vehicles under a co-branded product. Tata Motors' vice-president, SN Barman, in a release said the company wants to ensure service, spares and consumables for all the after-sales needs of customers which has resulted in the tie-up. ******************* Citi appoints Shrinath Bolloju as head - south Asia ops & tech * American lender Citi Wednesday said it has

Will Raymond's foray into small town India dilute its brand exclusivity?

Rooted in tradition, Raymond is looking to grow by penetrating tier III and IV towns rather than making a dash online

Raymond Q2 net up 4.7% to Rs 652 mn, income rises 16% to Rs 18.75 bn

The company had posted a net profit of Rs 622.4 million in the July-September period a year ago, Raymond said in a filing to the BSE

Raymond m-cap doubles on strong profit growth, firm to expand across India

While fabrics is a strong force in the company, the apparel business will be the driver in the next three years

Reimagining Brand Khadi: Here are measures being used to expand footprint

The group is working with designers and fashion schools to create a more youthful look for ready-to-wear khadi

Reinventing Raymond one click at a time

One of the country's oldest textile majors uses digital to pitch itself to a new audience and their evolving taste in fashion

More trouble for Gautam Singhania? Sebi looks into Raymond's property deals

Firm's real estate agreements for JK House Ltd and an Alibaug property under Sebi scrutiny

Note ban-hit Raymond presses reset button to regain growth

Company's sales, profits lag behind peers as note ban hits hard

Sons and fathers

Raymond, one of the oldest business house in the country is fighting a family battle

Raymond up over 5% on acquisition of Ansell's stake in brand KamaSutra

The stock rallied 7% to Rs 797 on BSE in intra-day trade in otherwise weak market

To cut cost, Raymond sets up plant in Ethiopia for export to Europe, US

Raymond is looking to capture the stitched garments market in Europe

Would vote against JK House sale plan: Raymond's Gautam Singhania

Interest of shareholders and company paramount, Raymond chief says

Using corporate governance to settle personal scores?

Raymond offered the flats in JK House Gautam Singhania at throwaway prices of Rs 9,200 a sq ft

IiAS' report on J K house sale based on 'incorrect' information: Raymond

Raymond today said proxy advisory firm IiAS' report on the move to sell its premium property 'JK House' in Mumbai to its promoters and their extended family is based on incorrect and incomplete information, and not understood in correct manner. Yesterday, IiAS in a report claimed sale of JK House to Raymond's promoters and their extended family will result in loss of over Rs 650 crore for the company and its shareholders. Following the IiAS warning, Raymond stock came under huge selling pressure, plunging nearly 10 per cent in early trading session yesterday. The stock later recovered the losses. Raymond Chairman & Managing Director Gautam Hari Singhania said, the company is committed to protect interest of all its shareholders and is taking all appropriate steps, including legal measures, towards this objective. "As also mentioned in the notice, the company will raise all defences in the legal proceedings that have been initiated and will undertake all steps to protect and ...

Raymond stares at Rs 650-cr loss as Singhanias fight over JK House

Proxy firm slams move as a 'rip-off'; company says committed to protecting interests of shareholders