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Raymond Directors Vow To Safeguard Shareholders' Interest Amid Family Feud

Independent directors of Raymond said they are monitoring the situation arising out of matrimonial dispute of company's Chairman and Managing Director Gautam Singhania to ensure it doesn't affect his capacity to manage affairs and business of firm. ....

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Down over 12%, here's why Raymond shares fell in 7 straight sessions

Shares of Raymond shed over 4 percent in intra-day deals on Monday, extending losses for the seventh straight session amid reports that chairman Gautam Hari Singhania s estranged wife Nawaz Gautam Singhania has demanded 75 percent of his fortunes. The couple announced separation earlier this month. ....

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