India's leading conglomerates are stepping up investments in real estate, recasting what was once a peripheral activity into a core growth driver. Supported by strong balance sheets, established brands and access to long-term capital, major business houses including Aditya Birla, Tata, Godrej, L&T, Raymond, Wadia, Shapoorji Pallonji, Mahindra and Adani are positioning realty as a strategic pillar within their diversified portfolios.
Raymond Ltd chairman and managing director Gautam Singhania's estranged wife Nawaz Modi Singhania has resigned as a director on the board, according to a statement by the company on Wednesday. Raymond Ltd has announced the resignation of Nawaz Modi Singhania as a director on the Board of the company.
After Donald Trump became president of the United States, he unleashed economic weaponisation, upsetting the old world order, leading to much unrest. If that wasn't all, the threat of an imminent nuclear war was issued by the US, Russia, China, North Korea and Pakistan. In today's fractious times, Dr Paulos Mar Gregorios would have made a dent, notes His Holiness Baselios Marthoma Mathews III.
Raymond Limited's real estate arm, Raymond Realty, plans to get listed during the second quarter of the next financial year (Q2FY26), according to Harmohan Sahni, chief executive officer (CEO), Raymond Realty. "We are expecting the order by June-July 2025 as far as the National Company Law Tribunal (NCLT) is concerned.
The 52-year-old driver, Atish Shah, lost control of the wheels, and as a result, the car skidded on the road and rammed into the divider, he said.
According to Mr Babar, within four days of this interview the Mumbai terror attack was underway, bringing the two countries closest to war in years -- 'The warmongers shattered Zardari's dream of peace with India'.
Textiles and fabric manufacturer Raymond Ltd on Thursday said its shareholders have approved the reappointment of Gautam Hari Singhania as chairman & managing director for a term of five years effective from July 1, 2024, along with his proposed remuneration. "The shareholders of the company at their Annual General Meeting (AGM) held today (June 27) have approved the re-appointment of Singhania. "The AGM commenced at 3 pm and concluded at 4:05 pm," Raymond Ltd said in a regulatory filing.
Jyotindranath Mukherjee, popularly known as Bagha Jatin, attained martyrdom while fighting the British in Balasore district on September 9, 1915. It is unfortunate that the supreme sacrifice made by Bagha Jatin and his associates is little known outside Bengal and Odisha.
Industry leaders urge India to pursue diplomatic talks with the US, strengthen manufacturing, and consider China ties to gain leverage against tariff pressures.
Julian Cash and Lloyd Glasspool capped their dream summer with the Wimbledon crown and first Grand Slam title as a pair
"Multi-hyphenation is the future. Everybody should do everything. After all, we have one life," says Chef Ranveer Brar.
Proxy advisory firm Institutional Investor Advisory Services (IiAS) has asked independent directors of Raymond Ltd to consider appointing an interim CEO and investigate the allegations of assault by its chairman and MD Gautam Singhania on his wife and daughter, and the use of company funds for personal benefit. In an open letter to the company's five independent directors, IiAS also suggested they ask Singhania and his estranged wife Nawaz Modi, also a board member, to take time off from their responsibilities as board members. The five independent directors to whom the letter was addressed are Mukeeta Jhaveri, Ashish Kapadia, Dinesh Lal, K Narsimha Murthy, and Shiv Surinder Kumar.
Independent directors of Raymond Ltd on Friday said they are monitoring the situation arising out of the matrimonial dispute of company's Chairman and Managing Director Gautam Singhania to ensure it does not affect his capacity to manage the affairs and business of the firm. In a joint communication shared on BSE by the company, the independent directors also said they have decided to retain Berjis Desai, a senior independent legal counsel, who has no links with promoters or the company, for advising them.
According to an industry expert, companies such as Trident, Welspun India, Arvind, KPR Mill, Vardhman Textiles, Page Industries, Raymond, and Alok Industries stand to gain, as revenue from the US market accounts for 20-60 per cent of their earnings.
'The retail business was somewhat slow initially, but it has picked up over the past seven to eight days. Following Makar Sankranti, there is a renewed sense of positivity.'
618 companies were part of the billion dollar club when the markets reached all-time highs on September 26, 2024. That number has fallen to 500 following a $1 trillion wipeout in India's market capitalisation amid relentless selling by FPIs.
Godrej Consumer Products (GCPL) had a disappointing third quarter (Q3FY25) with flat volumes (after 7 per cent growth H1FY25). Price hikes will be required to maintain margins to offset the cost of palm oil inflation. However, some analysts see Q3 as an exception with strong volume growth expected to resume and it may be the fastest growing FMCG player in FY26.
Images from Friday's events at the World Indoor Athletics Championships in Nanjing, China.
Ashwini and Tanisha, who won the Guwahati Masters super 100 title, last month will take on Malaysia's Pei Kee Go and Mei Xing Teoh next.
Car restoration service provider Super Car Club Garage (SCCG), backed by Raymond chairman and managing director Gautam Singhania, has sought the Centre's green light for a licence to import foreign vehicles for restoration and subsequent re-export.
Wondeful shots of African women and giraffes roaming Kenyan grasslands were judged the most outstanding photographs of the year.
The company stated that it was taking steps for cost rationalisation across all businesses to maintain liquidity and due to a prolonged slowdown it had to take a few tough measures.
India, having secured two convincing victories, will be looking to complete a clean sweep of the women's ODI series against Ireland in the third and final match. The Indian team is brimming with confidence after a series of impressive batting performances, particularly from Pratika Rawal and Smriti Mandhana, who have formed a formidable opening partnership. Despite their strong batting, India's bowling has shown some vulnerabilities, allowing Ireland to score a respectable 254/7 in the previous match. The absence of key players like Shafali Verma and Harmanpreet Kaur has given opportunities for emerging players to shine. The series has highlighted the impressive performance of Pratika Rawal, who has made the most of her chances. The Irish team has been led by the strong performances of Gaby Lewis, Christina Coulter-Reilly, and Leah Paul, but their fielding has been a concern. The match is scheduled to begin at 11 am in Rajkot.
The Ireland women's team has never beaten India in the 12 ODIs they have played against them.
India defeated Ireland by six wickets in the first women's ODI to take a 1-0 lead in the three-match series in Rajkot on Friday.
The project will house 3,000 residential units across 10 towers in the first phase on a 20-acre land parcel that Raymond owns in Thane
Change is being led by a transformation on the digital front. Pavan Lall reports.
'Nothing in this world is permanent. So also in business.' 'And more so in family businesses where family issues often influence business decisions,' point out S Subramanian and Nupur Pavan Bang.
Literary adaptations, whistleblower pursuits, kidnapped Santas and South India's biggest stars, Sukanya Verma lists them all on OTT this week.
'He was Vibrant, Colourful, Funny, Genius, Compassionate, Larger than Life, Kind and many more things!' 'Above all A Great Human being.'
Raymond Ltd said it plans acquisitions for growth in textile and designerwear business.
Raymond Ltd said on Thursday it has entered into a definitive agreement with Belgium-based UCO NV, for combining the denim business in a proposed 50:50 joint venture company to be located in India.
'There is a difference between a politician and leader.' 'A politician will have his pound of flesh first and do everything else later.' 'A leader will sacrifice everything to help people.'
The launch of 'Makers', priced at a range of Rs 250-390 per metre, is the culmination of a process that started in March last year - a process which was initiated keeping in mind the Rs 6,000 crore (Rs 60 billion) organised textile market poised to grow at 20 per cent in semi-urban India.
The pair beat 14th seeds Elena Dementieva of Russia and Italian Flavia Pennetta in the final at the US Open.
Raymond, the Singhania group's flagship company, has forayed into real estate development.
Raymond was one of the first to start organised apparel retail in India.
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