AP Govt has given tailor-made incentives worth Rs 695 cr to the group, production is expected to start in May 2027
Vijaypat Singhania, who stepped down as Raymond Group chairman in 2015, has denied rumours of reconciliation with his son Gautam Singhania.
The Raymond Group entered the real estate space with Raymond Realty, a venture exclusively headed by Group Chairman and Managing Director Gautam Singhania.
Hopefully, the Singhania family dispute will soon get resolved and Jindal will be cleared of the charges. But what happens in the interim? Should the two step down till such time as their personal issues are sorted?
'This Diwali is not going to be the same as many in the past,' Raymond's Gautam Singhania wrote. The couple had been together for 32 years.
Godrej Consumer Products stated that the deal is expected to be completed by May 10.
The Raymond group learnt the real estate development business quickly and it will become a core business, Singhania told Moneycontrol in an exclusive interview
Vijaypat Singhania, the former chairman of the Raymond Group, on what he has been up to since retirement, what he does to keep himself busy, what he misses about the C-suite, advice to the younger crop of leaders and more.
In an interview to CNBC-TV18's Ritu Singh, Gautam Singhania, CMD of Raymond Group spoke about the group's focus on lifestyle space for future growth.
The company had posted a consolidated net profit of Rs 12.84 crore during the same period of previous financial year.
The Income Tax Department today conducted searches at the premises of prominent industrialist Gautam Singhania in Mumbai and Delhi over alleged tax evasion.