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Raymond to raise Rs 40 crore

Textile and apparels firm Raymond Ltd on Thursday said its committee of directors has approved raising of Rs 40 crore through private placement of non-convertible debentures. According to a PTI report: The committee of directors has approved allotment of 400...

Tablez to accelerate expansion plans of Desigual in India

Tablez, the leading organized retail group, launched the store of the acclaimed Spanish fashion brand - Desigual at DLF Avenue Mall, Delhi. The company is all set to activate the expansion plan of the international brand in India. Commenting on...

Raymond appoints Joe Kuruvilla as CEO of Raymond Lifestyle

Textile firm Raymond on Monday said it has appointed Joe Kuruvilla as the Chief Executive Officer (CEO) of Raymond Lifestyle. According to a PTI report: Raymond Lifestyle is the flagship division of the company which includes branded textile and apparel...

Raymond Q1 net loss widens to Rs 247.60 crore

Raymond Ltd on Monday reported widening of its consolidated net loss to Rs 247.60 crore in the first quarter ended June 2020, impacted by COVID-19 and subsequent lockdowns. The company had a net loss of Rs 12.20 crore during the...

IMAGES Group Survey: Over 72 pc retailers turn to technology, e-commerce to increase revenue

Ever since COVID-19 broke out in India, IMAGES Retail has been bringing out analysis, reports, webinars discussing impact, challenges, recommendations and opinions from the retail industry experts and stalwarts to fight the crisis. In a recent survey conducted by the...

'Be Indian, Buy Indian' will help revive local consumption: Gautam Singhania

"I strongly believe in ‘Be Indian and Buy Indian’, and I think each one should make a conscious decision to buy products made in our country," said Gautam Hari Singhania, Chairman and Managing Director, Raymond Limited, India's largest textile...

Raymond appoints Amit Agarwal as Chief Financial Officer

Fabrics and garment major Raymond on Friday said it has appointed Amit Agarwal as Chief Financial Officer (CFO), replacing Sanjay Bahl who has relinquished his position. According to a PTI report: Agarwal, who was the CEO of Jindal Coated Steel...

COVID-19: Raymond to reap benefits of low imports from China

Homegrown textiles and apparels major Raymond expects to reap the benefits of likely low imports from China in view of the COVID-19 pandemic, the company said in a statement on Tuesday. According to a PTI report: It is also looking...

Raymond Q4 results: Posts Rs 69.10 crore net loss

Raymond Ltd on Monday reported a consolidated net loss of Rs 69.10 crore for the fourth quarter ended March 2020, impacted by the coronavirus-induced lockdown. According to a PTI report: The company had posted a net profit of Rs 67.70...

Ushering in a New Technological Era: Retail industry goes contactless in COVID times

Social distancing, masks, and a lockdown. The COVID-19 pandemic is forcing people to stay at home, work from home and buy from home. Despite the lockdown being lifted in phases, the economy beginning to limp back to the ‘new...
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Chandigarh witnessed impressive growth in home & kitchen sector on Amazon

The city experienced healthy double-digit growth across various product categoriesNew Delhi: Amazon.in has reported significant growth in the home and...
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