Search result for 'raymond'

Nawaz Modi Singhania Resigns from Raymond Board

March 19, 2025 21:40

Nawaz Modi Singhania, wife of Raymond CMD Gautam Singhania, resigns as a director on the board citing personal reasons. The resignation is effective immediately.

Raymond Reports Cyber Security Incident Affecting IT Assets

February 19, 2025 13:31

Raymond Ltd. experienced a cyber security incident impacting some IT assets. The company assures no customer or store operations were affected and is investigating the incident.

Madhya Pradesh: Emerging Textile & Apparel Hub

February 8, 2025 13:15

Discover how Madhya Pradesh is rapidly becoming a textile and apparel hub in India, driven by its cotton production, investor-friendly policies, and thriving infrastructure. Explore its textile...

Raymond Develops Rs 1,800 Cr Housing Project in Mumbai

February 7, 2025 15:12

Raymond Ltd partners with a landowner to develop a Rs 1,800 crore housing project in Mumbai's Mahim West. The project is estimated to generate significant revenue and aligns with the company's...

Raymond Lifestyle Q3 Profit Down 60.5% - Weak Market Hits

January 30, 2025 15:05

Raymond Lifestyle reported a 60.5% decline in Q3 profit to Rs 64.17 crore, impacted by weak market conditions and higher expenses. Revenue grew slightly despite challenging conditions.

Raymond Profit Soars 75% to Rs 72 Cr in Q3

January 30, 2025 15:03

Raymond Ltd, now focused on real estate and engineering, saw its consolidated net profit jump 75% to Rs 72.28 crore in the December quarter, driven by strong real estate sales and optimistic...

Man Industries India to Raise Rs 300 Crore, Appoints CFO

January 18, 2025 19:28

Man Industries India's board approves a plan to raise Rs 300 crore through equity shares, convertible shares warrants, and more. Sandeep Kumar appointed as CFO.

Raymond 100 Autofest: Super Car Carnival in Thane

January 9, 2025 20:04

Gautam Singhania's Super Car Club Garage hosts a 3-day automobile carnival in Thane, featuring over 500 supercars, bikes, and Ravi Shastri's iconic Audi 100.

Gautam Singhania Appointed Executive Chairman of Raymond Lifestyle

December 5, 2024 12:37

Gautam Hari Singhania has been appointed as the Executive Chairman of Raymond Lifestyle, with shareholders approving the appointment. The decision comes after the demerger of the lifestyle business...

India''s Top Realty Firms Report Rs 35,000 Cr Sales in Q2

November 24, 2024 15:45

India''s top 26 listed realty firms sold Rs 35,000 crore worth of properties in Q2, with Godrej Properties leading the pack. See the sales performance of key players.

RBI Governor Das, Industry Leaders Vote in Maharashtra Elections

November 20, 2024 15:40

Reserve Bank Governor Shaktikanta Das, HDFC's Deepak Parekh, Tata Sons' N Chandrasekaran and other industry leaders cast their votes in Mumbai for the Maharashtra Assembly elections. They urged...

Raymond Lifestyle Q2 Profit Down 70%, Revenue Slips 5.3%

November 6, 2024 10:43

Raymond Lifestyle reported a 69.72% decline in Q2 profit to Rs 42.18 crore, with revenue down 5.3% to Rs 1,708 crore. Subdued demand and inflation impacted performance.

Raymond Q2 Profit Drops 63% to Rs 59 Cr

November 4, 2024 20:39

Raymond Ltd reports a 63% decline in Q2 profit to Rs 59.01 crore, driven by strong performance in real estate and engineering businesses.

Gautam Singhania Slams Lamborghini for Customer Service

October 28, 2024 09:55

Raymond Group Chairman Gautam Singhania criticizes Lamborghini for ignoring his complaints about his new Revuelto, citing arrogance and lack of customer service.

Maharashtra Approves Rs 1.17L Cr Semiconductor, EV Projects

September 6, 2024 18:18

Maharashtra government approves four mega semiconductor and EV projects, with a total investment of Rs 1.17 lakh crore and 29,000 jobs. The projects are located in Marathwada, Vidarbha, Pune and...

Raymond Lifestyle Shares Debut on BSE, Hit Lower Circuit

September 5, 2024 11:26

Raymond Lifestyle shares began trading on the BSE and NSE following the demerger of its retail and lifestyle businesses. The stock hit the lower circuit level on both exchanges. Learn more.

Raymond Lifestyle to Add 900 Outlets in 3 Years - Stock Listing on Sep 5

September 3, 2024 22:12

Raymond Lifestyle will be listed on the stock exchanges on September 5 and plans to add 900 new outlets in three years. The company aims for 15% CAGR in the men's-wear wedding market.

Raymond Targets 15% Sales Growth, 15-20% Pre-Tax Earnings After Demerger

September 1, 2024 15:04

Raymond, after demerging its lifestyle and real estate businesses, aims for 15% sales growth and 15-20% pre-tax earnings. The company plans to expand its retail presence and enter new segments.

Raymond Sees Business Surge After Bangladesh Crisis

September 1, 2024 11:44

Raymond, a leading textiles and apparel company, has received numerous inquiries from global firms following the crisis in Bangladesh, aiming to capitalize on the opportunity. The company...

Neogrowth Disburses Rs 650 cr to Women-Led Businesses in FY24

August 26, 2024 21:50

Neogrowth, a digital lender, has disbursed Rs 650 crore to women-led businesses in FY24, a 34% increase from the previous year. The company disbursed 3,600 loans to women-owned MSMEs, with 41%...

Raymond Net Profit Up 27% in Q1 FY25 - Rs 57.04 Cr

August 6, 2024 16:45

Raymond Ltd reported a 26.7% rise in consolidated net profit from continuing operations to Rs 57.04 crore in the first quarter ended June 2024. The company's revenue also saw a significant increase.

GCPL Invests Rs 1,000 Cr on Advertising in FY24

July 21, 2024 15:23

Godrej Consumer Products Ltd (GCPL) increased advertising spending by 47% to Rs 1,011 crore in FY24, focusing on brand building and SKU rationalization. The company also reduced its workforce and...

Godrej Consumer Sees Double-Digit Growth in India

July 9, 2024 22:23

Godrej Consumer Products Ltd. (GCPL) expects double-digit volume growth in the domestic market during the June quarter, driven by strong performance in both Home Care and Personal Care.

Raymond Shares Hit 52-Week High, Rally Over 17% - Business News

July 5, 2024 11:53

Raymond shares surged over 17% on Friday after the textile major announced a demerger of its real estate business to unlock value for shareholders. The stock hit its 52-week high.

Raymond Demerges Real Estate Biz, Lists Realty Vertical on Exchanges

July 4, 2024 18:48

Raymond Ltd. is demerging its real estate business to unlock value for shareholders and capitalize on the Indian property market. The new entity, Raymond Realty, will be listed on BSE and NSE,...

Raymond Shareholders Reappoint Gautam Singhania as MD

June 27, 2024 20:09

Raymond Ltd shareholders approved the reappointment of Gautam Singhania as Managing Director for five years, despite concerns raised by proxy advisory firm IiAS.

Raymond Expands Garment Capacity: China +1 Strategy, 3rd Largest Suit Maker

June 25, 2024 18:35

Raymond is expanding garmenting capacity by one-third, aiming to become the world's third-largest suit maker and capitalize on the China +1 strategy. The expansion aligns with India's 'Make in...

Raymond to Expand Ethnix by Raymond Stores in FY25

June 25, 2024 18:24

Raymond plans to open over 100 new stores for its ethnic wear brand 'Ethnix by Raymond' in fiscal 2025, aiming to capitalize on the growing demand for ethnic wear in India.

Proxy Firm Recommends Against Gautam Singhania's Reappointment at Raymond

June 19, 2024 18:08

A proxy advisory firm recommends shareholders vote against Gautam Singhania's reappointment at Raymond due to allegations of domestic violence and misappropriation of funds, calling for an...

'Marwari' school of business keeps 3 generations of Ruia family under one roof

June 17, 2024 13:47

Essar's Ruia family, spanning 3 generations, defies the trend of family business feuds, staying united under one roof and jointly running the business empire.

GCPL Posts Rs 1,893.21 Cr Loss in Q4 | Business News

May 6, 2024 21:01

Godrej Consumer Products Ltd (GCPL) reported a consolidated loss of Rs 1,893.21 crore in Q4 FY24 due to impairment of brand and goodwill, and loss on sale of business in Africa.

Raymond Q4 Profit Up 18% to Rs 229 Crore

May 3, 2024 18:09

Raymond Ltd reported an 18% rise in consolidated profit after tax to Rs 229 crore in Q4 FY24, driven by strong growth across lifestyle, real estate and engineering segments.

Capacit'e Infraprojects Wins Rs 549 Cr Mumbai Projects

April 18, 2024 18:22

Capacit'e Infraprojects secures two construction projects in Mumbai, totaling Rs 549 crore, including luxury residential and commercial developments.

AI to Free Up Time for Chartered Accountants: ICAI Prez

February 21, 2024 17:54

ICAI President highlights the role of AI in assisting chartered accountants, freeing up time for analytical work and increasing demand for the profession.

Raymond Realty Launches Premium Housing Project in Bandra, Mumbai

February 20, 2024 17:02

Raymond Realty has launched a premium housing project in Bandra, Mumbai, with an estimated revenue of Rs 2,000 crore. The project, named 'The Address by GS, Bandra', is spread over 2.74 acres.

Raymond Q3 Profit Doubles to Rs 185 cr | Strong Growth in Apparel, Real Estate

February 1, 2024 17:36

Raymond's consolidated net profit in Q3 FY24 almost doubled to Rs 185.39 crore, driven by strong growth in real estate and branded apparel businesses.

GCPL Profit Up 6.3% in Q3, Domestic Market Drives Growth

January 31, 2024 19:24

Godrej Consumer Products Ltd (GCPL) reported a 6.35% rise in net profit to Rs 581.06 crore in Q3, driven by strong domestic performance. Revenue from India grew 9.66%, with volume growth at 12%.

China Cuts Bank Reserves, Boosts Property Lending to Aid Economy

January 24, 2024 16:18

China's central bank has cut reserve requirements and plans to boost lending to property developers in a bid to support the slowing economy. This comes as the country grapples with a weak property...

Raymond CEO Probe: IiAS Calls for Interim CEO, Investigation

November 29, 2023 21:38

Proxy advisory firm IiAS urges Raymond's independent directors to appoint an interim CEO and investigate allegations against Chairman Gautam Singhania, including assault and misuse of company funds.

Raymond CEO Assures Business as Usual Amid Personal Issues

November 27, 2023 17:02

Raymond Chairman and Managing Director Gautam Singhania assures employees and board members that it is 'business as usual' despite personal issues, highlighting the company's strong performance and...

Raymond Q2 Profit Flat at Rs 161 Crore, Revenue Up 4%

November 8, 2023 16:36

Raymond Ltd reported a flat net profit of Rs 161.16 crore in Q2 FY24, while revenue rose 3.92% to Rs 2,253.40 crore. The textile and apparel maker saw strong performance across segments, including...

Raymond Group Acquires Stake in Maini Precision for Rs 682 Crore

November 3, 2023 13:24

Raymond Group to acquire 59.25% stake in Maini Precision Products Ltd for Rs 682 crore, strengthening its engineering business. The acquisition focuses on aerospace, EVs and defence sectors.

GCPL Profit Up 21% in Q2, Volume Growth at 10% | Godrej Consumer Products

November 1, 2023 21:26

Godrej Consumer Products Ltd (GCPL) reported a 21% increase in net profit to Rs 433 crore in Q2 FY24, driven by double-digit volume growth and improved margins. Learn more.

India Fruit Exports Surge 47% in 5 Years: Govt

INOX Air Products Launches First Green Hydrogen Plant in India

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Search result for 'raymond'

Nawaz Modi Singhania Resigns from Raymond Board

Raymond Reports Cyber Security Incident Affecting IT Assets

Madhya Pradesh: Emerging Textile & Apparel Hub

Raymond Develops Rs 1,800 Cr Housing Project in Mumbai

Raymond Lifestyle Q3 Profit Down 60.5% - Weak Market Hits

Raymond Profit Soars 75% to Rs 72 Cr in Q3

Man Industries India to Raise Rs 300 Crore, Appoints CFO

Raymond 100 Autofest: Super Car Carnival in Thane

Gautam Singhania Appointed Executive Chairman of Raymond Lifestyle

India''s Top Realty Firms Report Rs 35,000 Cr Sales in Q2

RBI Governor Das, Industry Leaders Vote in Maharashtra Elections

Raymond Lifestyle Q2 Profit Down 70%, Revenue Slips 5.3%

Raymond Q2 Profit Drops 63% to Rs 59 Cr

Gautam Singhania Slams Lamborghini for Customer Service

Maharashtra Approves Rs 1.17L Cr Semiconductor, EV Projects

Raymond Lifestyle Shares Debut on BSE, Hit Lower Circuit

Raymond Lifestyle to Add 900 Outlets in 3 Years - Stock Listing on Sep 5

Raymond Targets 15% Sales Growth, 15-20% Pre-Tax Earnings After Demerger

Raymond Sees Business Surge After Bangladesh Crisis

Neogrowth Disburses Rs 650 cr to Women-Led Businesses in FY24

Raymond Net Profit Up 27% in Q1 FY25 - Rs 57.04 Cr

GCPL Invests Rs 1,000 Cr on Advertising in FY24

Godrej Consumer Sees Double-Digit Growth in India

Raymond Shares Hit 52-Week High, Rally Over 17% - Business News

Raymond Demerges Real Estate Biz, Lists Realty Vertical on Exchanges

Raymond Shareholders Reappoint Gautam Singhania as MD

Raymond Expands Garment Capacity: China +1 Strategy, 3rd Largest Suit Maker

Raymond to Expand Ethnix by Raymond Stores in FY25

Proxy Firm Recommends Against Gautam Singhania's Reappointment at Raymond

'Marwari' school of business keeps 3 generations of Ruia family under one roof

GCPL Posts Rs 1,893.21 Cr Loss in Q4 | Business News

Raymond Q4 Profit Up 18% to Rs 229 Crore

Capacit'e Infraprojects Wins Rs 549 Cr Mumbai Projects

AI to Free Up Time for Chartered Accountants: ICAI Prez

Raymond Realty Launches Premium Housing Project in Bandra, Mumbai

Raymond Q3 Profit Doubles to Rs 185 cr | Strong Growth in Apparel, Real Estate

GCPL Profit Up 6.3% in Q3, Domestic Market Drives Growth

China Cuts Bank Reserves, Boosts Property Lending to Aid Economy

Raymond CEO Probe: IiAS Calls for Interim CEO, Investigation

Raymond CEO Assures Business as Usual Amid Personal Issues

Raymond Q2 Profit Flat at Rs 161 Crore, Revenue Up 4%

Raymond Group Acquires Stake in Maini Precision for Rs 682 Crore

GCPL Profit Up 21% in Q2, Volume Growth at 10% | Godrej Consumer Products

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