Retailers Association of India urges government to reconsider proposed GST rate hike on textiles, apparels

The Retailers Association of India (RAI) on Tuesday urged Finance Minister Nirmala Sitharaman, state governments and the GST Council to reconsider the proposed hike in GST rates on several textile and apparel items from January, saying it would adversely affect 85% of the sector. Will put Stating that apparel retail businesses are already sick, RAI … Read more

Raymond set to revamp businesses, puts up professional boards

The Raymond Group, with interests in textiles, apparel and realty, is working toward reorganizing its businesses into five main revenue streams, deploying professional boards to raise future growth capital. Established in 1925, the Raymond Group would have five focused business sectors including textiles, fast moving consumer goods, real estate, education and engineering. Group Chairman Gautam … Read more

Raymond set to revamp businesses, puts up professional boards

The Raymond Group, with interests in textiles, apparel and realty, is working toward reorganizing its businesses into five main revenue streams, deploying professional boards to raise future growth capital. Established in 1925, the Raymond Group would have five focused business sectors including textiles, fast moving consumer goods, real estate, education and engineering. Group Chairman Gautam … Read more