Raymond’s board okays demerger of real estate business

Mumbai: Textiles and apparel major Raymond Ltd announced on Thursday that its board has approved the demerger of its real estate business, Raymond Realty Ltd. The demerger plan aims to “exploit the growth potential of the real estate business and attract a fresh set of investors / strategic partners to participate in the real estate … Read more

NSE warns investors against persons promising assured returns in stock market

New Delhi: The National Stock Exchange (NSE) issued an advisory on Wednesday cautioning investors of certain individuals and Telegram channels offering securities market tips and assured returns on stock market investments. The exchange said in a statement that investors are cautioned and advised not to subscribe to any such scheme/product offered by any person/entity offering … Read more