Representative Image A nearly 100-year-old Indian conglomerate Raymond Ltd. is looking to list its apparel and real estate units by the end of 2025 as the founders look to boost shareholder value. The group, which oversees a motley mix of businesses ranging from engineering, aerospace to fashion and realty, will have three listed entities by…
Leading textiles and apparel company Raymond has received a “huge number of inquiries” from global firms after the crisis in neighbouring Bangladesh and is ready to grab this opportunity, its Chairman & Managing Director Gautam Hari Singhania said. Raymond, which has invested in its garmenting facility to become the third largest suit maker in the…
Representative Image New Delhi: Raymond Lifestyle has appointed Rajiv Sharma as the Non-Executive Director, expanding its Board of Directors, it announced in a press release on Monday. The appointment follows Raymond’s plan to list the demerged business – Raymond Lifestyle Limited, in early September. On his appointment, Gautam Hari Singhania, chairman of Raymond Lifestyle commented,…
BENGALURU: Indian conglomerate Raymond reported a third-quarter profit jump on Thursday, as healthy demand for its high-margin branded apparel and real estate offerings outweighed a rise in costs. The company’s consolidated profit after tax nearly doubled to 1.84 billion rupees ($22 million) in the three months to Dec. 31, it said in an exchange filing….
