Raymond – The News Desk

Sensex up 250 pts; Adani Group, TaMo, Bajaj twins shine

28Nov

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Business

Sensex up 250 pts; Adani Group, TaMo, Bajaj twins shine

Stock market LIVE updates: Benchmark indices exhibited lacklustre movement in trades on Tuesday even as select sectors were buzzing with solid gains. Oil & Gas and Power in particular, thanks largely to the Adani Group shares, logged strong gains.The S&P BSE Sensex quoted around 66,050 levels, up nearly 100 points, while the Nifty50 tested the 19,850-level. The broader markets continued to exhibit strength with the BSE MidCap and SmallCap indices rising up to 0.18 per cent. Among other sectoral indices, the Nifty Metal index added 1.15 per cent, while the Nifty IT index fell 0.5 per cent. Buzzing stocks DLF: Shares fell 1.6 per cent after the Enforcement Directorate searched the premises of the realty major in Gurugram as part of a money la...

Singhania: Business as usual at company despite difficult times for me: Gautam Singhania

MUMBAI: Raymond chairman and managing director Gautam Singhania has sought to allay concerns over the impact of his personal life on the company's businesses.Two weeks after parting ways with his wife of 24 years, the textile tycoon has told Raymond's board and employees that he is "fully committed towards the smooth functioning of the company and its businesses".In an internal statement, he said "it's business as usual" at the company despite "these (being)difficult times for me".Singhania reiterated that he has chosen not to comment on his personal life to maintain his family's dignity. "As the media is ripe with news about matters pertaining to my personal life, I am writing to you to say that I have chosen not to comment on the same as maintaining the dignity of my family is paramount...

Parents Should Think Carefully before Giving Everything to Children: Vijaypat Singhania on Son Gautam

Last Updated: November 23, 2023, 21:49 ISTVijaypat Singhania also claimed that Gautam 'backed out' after promising to give him some parts of the company. File pic/XWhile the Raymond Group founder refused to comment on the recent developments in the family, including the allegations of assault by Nawaz Modi against Gautam Singhania, he noted how she could easily get what comes under the Hindu Marriage ActRaymond Group founder Vijaypat Singhania on Thursday expressed deep disappointment witnessing his son Gautam Singhania “breaking up” the company and lamented making the “stupid” mistake of giving “everything” to him. His statement comes at a time when Gautam has separated from wife Nawaz Modi, who has demanded 75% of his fortune.The 85-year-old Vijaypat also claimed in an exclusive intervi...