The cumulative sales for the domestic market in April-May, 2019 was at 82,684 units compared to 1,07,758 units over last year, registering a decline of 23 percent.

Raymond a solid brand in right place with right opportunities, says Gautam Singhania

Raymond is in the right place and has the right opportunities. That is the word coming in from Gautam Singhania of Raymond. In an exclusive chat with CNBC-TV18's Varinder Bansal, he also said that they are hopeful of a double-digit margin growth over 3-4 years.

GST rates fair; company positioned to become stronger post GST: Raymond's Singhania

Raymond's arm has inaugurated its Greenfield garment manufacturing facility in Ethiopia. CNBC-TV18’s Priya Sheth travelled to the very location of the plant and caught up with Gautam Singhania, CMD of Raymond Group and Sanjay Behl, CEO of Raymond Lifestyle and asked them about the rationale for investing there.

Raymond's property sale: Investor body IiAS raises red flag

Raymond is in focus as the company has presented a resolution at its annual general meeting (AGM) to make an offer to sell premium real estate to its promoters at throw-away prices. The Institutional Investor Advisory Services (IiAS) has recommended that the shareholders should vote against this resolution.

Demand down 30% since demonetisation: Raymond Chief

Hit by demonetisation Indian textile major Raymond has seen 30 percent decline in demand over 3-4 weeks, said CEO Sanjay Behl.

Future eyes new innovations; for Raymond online is critical play

Speaking to CNBC-TV18 Rakesh Biyani of Future Enterprises said the maximum jobs are created in the services sector. He went on to talk about the Model Shop & Establishment Act that got cleared by the Cabinet yesterday.

Global volatility, labour laws ailing textile industry: Raymond

Speaking to CNBC-TV18‘s, Singhania says that the volatility could delay the uptick in consumption.

Hike in FSI premium, ready reckoner rates negative: HDIL

According to Sarang Wadhawan, vice-chairman and managing director of HDIL, builders are likely to pass through the complete increase.