Sep 28, 2021 09:53 AM IST
The company's board has approved the consolidation of tools & hardware and auto components businesses into engineering business
- Sep 27, 2021 08:57 PM IST
As part of the exercise, the real estate business division will be subsidiarised into a wholly-owned subsidiary, it added. Commenting on the development.
- Aug 11, 2021 05:28 PM IST
Retail companies have had a tough time in the first quarter of FY22 as pandemic impacted operations, however, as the second wave ebbs and the country enters the festive season, players like Raymond are hopeful of recovery.
- Aug 03, 2021 09:33 AM IST
- Aug 03, 2021 08:44 AM IST
- May 31, 2021 12:24 PM IST
"Raymond Ltd strengthened its executive leadership team with the appointment of Harmohan Sahni as chief executive officer of its realty business. An industry stalwart, Harmohan was till recently the COO of Real Estate business of ECL Finance Ltd (Edelweiss Group) and has enormous experience in executing projects," Raymond said in a statement.
- May 11, 2021 11:33 AM IST
- May 11, 2021 11:11 AM IST
- May 07, 2021 10:08 AM IST
The fabric and fashion retailer reported a consolidated net profit of Rs 58.36 crore for the fourth quarter ended March 2021. Its total income was up 9.03 percent to Rs 1,407.45 crore as against Rs 1,290.87 crore in the corresponding period of the previous fiscal.
- May 07, 2021 08:43 AM IST
- May 07, 2021 08:32 AM IST
- May 06, 2021 11:11 PM IST
The company had posted a net loss of Rs 69.10 crore during the January-March period of the previous fiscal.
- Feb 09, 2021 06:33 PM IST
- Feb 09, 2021 06:22 PM IST
- Dec 06, 2020 04:57 PM IST
The company is also confident to get a pie into the recent trend of change in attire from formal dressing to causal as working from home is catching up under the new normals post pandemic.
- Nov 26, 2020 07:31 PM IST
"The debentures are proposed to be listed on the Wholesale Debt Market segment of the National Stock Exchange of India Ltd,” the company said.
- Nov 11, 2020 12:33 PM IST
- Sep 29, 2020 01:14 PM IST
The steep correction in the stock price of Raymond provides the contrarian investor an opportunity to invest in a high-quality consumer franchise as the markets enter unlock phase of the pandemic.
- Jul 27, 2020 08:16 PM IST
Agrawal had 2,49,22,255 equity shares in Infibeam as of June 2020. With this transaction, he has increased the shareholding to over 4 percent.
- Jul 03, 2020 12:05 PM IST
Agarwal, who was the CEO of Jindal Coated Steel Products Ltd prior to joining Raymond, assumed the new role with effect from July 2, the company said in a regulatory filing.
- Jun 30, 2020 02:35 PM IST
It is also looking at long-term funding and alternate working capital availability to manage liquidity as business restarts with gradual easing of lockdown.
- Jun 30, 2020 11:00 AM IST
- Jun 30, 2020 09:40 AM IST
- Jun 29, 2020 09:08 PM IST
Revenue from operations fell 29.30 per cent to Rs 1,278.65 crore during the quarter under review as against Rs 1,808.71 crore in the corresponding period of the previous fiscal.
- Jun 22, 2020 08:05 PM IST
Some of the retrenched employees are getting ready to approach the labour commission and civil courts seeking re-employment or full salaries.