Vijaypat Singhania has moved the High Court alleging that his son is refusing to fully honour an arbitration award over a property dispute among the family members.
Raymond always follows the path of hedging its exposure. So this is a temporary phenomenon of Rs 8 crore, excluding this component - then there is a healthy growth of 12 percent in EBITDA and the profit after tax (PAT) level
Raymond Ltd has temporarily suspended operations at its textile manufacturing plant in Valsad district of Gujarat, following closure notice from Gujarat Pollution Control Board (GPCB).
Raymond Ltd, world's largest producer of suiting fabrics today said its ad spend on social media is likely to grow by 400%.
By Mr Gautam Singhania, Chairman and MD, Raymond Ltd