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1 min read

Raymond's Gautam Singhania announces separation from wife Nawaz Modi Singhania

Gautam Singhania, Chairman and Managing Director of Raymond on Monday issued a statement to announc…

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4 mins read

Minority shareholders must grin and bear it when promoters wash dirty laundry in public

The Raymond family drama has taken its toll on minority shareholders of the company because this ca…

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6 mins read

Proxy advisory firm IiAS asks independent board members of Raymond to protect company from promoters by asking them to step away

Gautam Singhania, the flamboyant chairman and managing director of Raymond, is in news for the wron…

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4 mins read

Raymond group sells FMCG biz to Godrej for Rs 2,825 crore in all-cash deal

Raymond is exiting the consumer care business in India, selling condom brands KamaSutra and Premium…

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Lockdown effect: People are ready to get dressed & go says Gautam Singhania of Raymond

Raymond says that the same store sales growth has more than doubled compared to the pre-pandemic le…

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3 mins read

"Every drop will count," ⁠says billionaire Gautam Singhania as he hints at job cuts at Raymond in a video message to employees

There will be job cuts at the Raymond Group, revealed the billionaire Chairman and Managing Directo…

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4 mins read

EXCLUSIVE: Two revelations and a fiery defence from Raymond’s boss Gautam Singhania

Raymond’s stock price has multiplied over two-and-a-half times in the last three years. This, at…

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2 mins read

While fighting his father, an Indian billionaire will quit his nearly 100-year old conglomerate

India's Raymond Group, which owns a slew of businesses from ready-made garments and toiletries to…

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1 min read

Defence procurement procedures being reviewed by govt: Cheema

Stating that defence services and vendors were facing procedural difficulties in procurement of equ…

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2 mins read

Raymond independent directors say no law requires them to investigate matrimonial disputes

Raymond independent directors say no law requires them to investigate matrimonial disputes. "The ID…

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3 mins read

High profile divorces are stories of claims and counterclaims best settled outside court

In the process of reaching an agreement following their divorce, Nawaz Modi Singhania, 53, the sepa…

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3 mins read

Mumbai’s real estate sector registers its best July in a decade even as home loan interest rates rise

According to a report by Edelweiss Securities, Mumbai’s real estate sector reported a 15% year-on-y…

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3 mins read

Auto stocks on an upswing; M&M, Tata Motors top gainers on index

Most companies will release their monthly sales numbers for July this week, which will provide i…

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Cars from the royal-era: 1922 Daimler, 2-door Bentley make heads turn at Vadodara vintage car show

The post-war Rolls Royce Silver Wraith, bearing its royal insignia, drew a lot of eyeballs durin…

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2 mins read

In the funding winter, only four companies turn unicorns in the June quarter

The ongoing funding winter has already caused a slowdown in the unicorn creation trend of India. On…

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4 mins read

Auto sales data July 2022: Maruti and Toyota post strong growth in sales while MG Motor and Kia decline

India’s leading car maker Maruti Suzuki posted robust sales for July 2022. Japanese car maker Toyot…

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3 mins read

Raymond is spending millions on SAP, Microsoft, PwC, and Accenture to rewire the company

Raymond has been popular for its suits for decades in India but it wants to be more than that start…

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4 mins read

Lockdown relaxation⁠— more than half of India's economy may reopen from Monday, says Nomura

The Indian government has released guidelines to partially relax the Covid-19 lockdown in different…

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4 mins read

Raymond cuts workforce to tide over COVID-19 woes

The firm was looking at debt raising and alternate working capital to manage liquidity. "In line wi…

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