M Shivkumar

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 sees revival in loss making apparel biz in FY14

M Shivkumar, CFO of Raymond says a bad year for apparel business and huge inventories has resulted in huge loss for the textile manufacturer. “The increase in power and staff costs has impacted the industry,” he told CNBC-TV18 in an interview.

Jet Airways to report better yields in Q1, says Shivkumar

India's biggest private airline Jet Airways expects a decent increase in yield which can be considered as an indication that the airline is taking all measures to improve business performance.

We are looking to raise funds via ECB route: Jet Air

As air travel demand has shown improvement month-on-month, Shivkumar believes that even operating costs are going up and hence the industry also needs to increase fares.

Jet Air slips on tax payment default

Shares of Jet Airways rose 5.42% to Rs 293.90 following reports that it will settle its tax dues today with the Income Tax authorities.

Jet Air to sale-and-leaseback of 10 aircraft by March

Jet Airways,the country's largest private carrier has posted its fourth straight quarterly loss on Friday as higher fuel costs continued to hurt its financials.