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Raymond re-appoints Gautam Hari Singhania as MD, Retail News, ET Retail

On Friday, Raymond re-appointed Gautam Hari Singhania as the managing director of the company for a term of five years starting from July 1, 2024, as mentioned in an exchange filing. ....

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Raymond: Raymond re-appoints Gautam Hari Singhania as MD

On Friday, Raymond re-appointed Gautam Hari Singhania as the managing director of the company for a term of five years starting from July 1, 2024, as mentioned in an exchange filing. ....

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Religare denies charges of excessive remuneration to its chairperson Rashmi Saluja

"The allegation that the executive chairperson draws a remuneration of more than Rs 150 crore per annum is completely false and erroneous. As per the annual report for FY 22-23 of REL, the remuneration for the Executive Chairperson was Rs 8.12 crore. Even after including the perquisites value of the ESOPs, it reached a figure of Rs 42.06 crore," Religare said in a statement. ....

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PNB Housing Finance to raise up to Rs 2,000 cr via bonds

PNB Housing Finance on Tuesday said its board has approved raising up to Rs 2,000 crore by issuing bonds on a private placement basis.The housing finance company, promoted by the city-headquartered Punjab National Bank PNB, was looking to raise equity capital worth Rs 4,000 crore and struck a deal with joint-venture partner Carlyle Group, among other investors, in May last year.However, it had to nix the deal in October after facing some regulatory hurdles and legal battles. ....

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Allcargo Logistics appoints director

With effect from 11 May 2021Allcargo Logistics announced that the Board of Directors of the company have appointed Parthasarathy Vankipuram Srinivasa (DIN: 00125299) as an Additional Non-Executive Independent Director of the Company for a tenure of 2 years with effect from 11 May 2021, based on the
recommendation of the Nomination and Remuneration Committee of the Company.
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