Business EconomyPosted at: Oct 17 2018 7:29PM

Raymond removes its founder Vijaypat Singhania as company’s

Mumbai, Oct 17 (UNI) In an unusual development that has sent shock
waves across the Indian corporate world, the Raymond Group has
sacked its founder Vijaypat Singhania as company’s chairman-emeritus.
Mr Singhania, who built Raymond's from scratch, came to know about
his removal through a company’s Board letter last month.
According to reports, Thomas Fernandes, Raymond’s director
(secretarial) and company secretary, said in a letter dated
September 7 that the company had taken strong "dissent" of the
unparliamentary and derogatory language used in senior Singhania’s
letters.
The letter added that the company was in no way concerned with what
is happening between the family and that the decision to take away
the title of 'chairman-emeritus' was taken by the Board due to Mr
Singhania’s behaviour.
Earlier, Mr Singhania had written a series of letters to the company
secretary and then to the Board, stating that he had been kept out
of the loop about board meetings.
Mr Singhania had written a letter addressed to the Board on August
30, in which he had blamed his son Gautam’s manoeuvres for his
removal from the company.
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KABIL signs MoU with CSIR-NGRI for geophysical investigations

24 Apr 2024 | 7:47 PM

Bhubaneswar, April 24 (UNI) Khanij Bidesh India Limited (KABIL) has signed a Memorandum of Understanding (MoU) with the Council of Scientific and Industrial Research - National Geophysical Research Institute (CSIR-NGRI) to foster a long-term collaboration in the field of geophysical investigations to bolster its ongoing projects and activities in critical and strategic minerals.

TRAI recommends sharing of active, passive infra by telecom providers

24 Apr 2024 | 7:03 PM

New Delhi, April 24 (UNI) With a view to improve quality of services and reducing cost, the telecom regulator TRAI on Wednesday recommended sharing of active and passive infrastructure among telecom service providers, a move that would help setting up network quickly across the nation.

Raymond removes its founder Vijaypat Singhania as company’s

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NEW DELHI, APR 24 (UNI):- Gujarat Titans players celebrate the wicket of Delhi Capitals batter during the IPL 2023 cricket match during Indian Premier League in Arun Jaitley Stadium in New Delhi on Wednesday. UNI PHOTO-1113U

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NEW DELHI, APR 24 (UNI):- Delhi Capitals batter Axar Patel plays a shot during the Indian Premier League (IPL) 2024 cricket match between Delhi Capitals and Gujarat Titans at Arun Jaitley Stadium in New Delhi on Wednesday. UNI PHOTO-109U

THIRUVANANTHAPURAM, APR 24 (UNI):- NDA candidate and Union Minister Rajeev Chandrasekhar standing on JCB jaw bucket during the all parties marking the conclusion of for electoral campaign for the Lok Sabha polls in Kerala will draw to a close in Thiruvananthapuram on Wednesday. UNI PHTO-108U

NEW DELHI, APR 24 (UNI):- Gujarat Titans players celebrate the wicket of Delhi Capitals batter during the IPL 2023 cricket match during Indian Premier League in Arun Jaitley Stadium in New Delhi on Wednesday. UNI PHOTO-105U

PATNA, APR 24 (UNI):- BJP leader Ramkripal Yadav with former independent MLA Srikant Nirala as he joins the party, in Patna on Wednesday. UNI PHOTO-104U

PATNA, APR 24 (UNI):- BJP President JP Nadda with Bihar Deputy CMs Samrat Chaudhary and Vijay Sinha coming for the election management committee meeting for Lok Sabha election, in Patna on Wednesday. UNI PHOTO-103U

TEKKALI, (SRIKAKULAM DISTRICT), APR 24 (UNI):- Andhra Pradesh Chief Minister and YSRCP Chief Y S JAgan Mohan Reddy addressing the mega yatra of the final public meeting of Memantha Siddham Yatra, on Wednesday. UNI PHOTO-102U

TEKKALI (SRIKAKULAM DIST.), ARR 24 (UNI):- Andhra Prfadesh Chief Minister and YSRCP Chief Y S Jgan Mohan reddy at the final public meeting of Memantha siddham yatra here on Wednesday. UNI PHOTO-101U

THIRUVANANTHAPURAM, APR 24 (UNI):- The supporters of all parties marking the conclusion of for electoral campaign for the Lok Sabha polls in Kerala will draw to a close in Thiruvananthapuram on Wednesday. UNI PHOTO-100U

KANNUR, APR 24 (UNI):- CPI(M) led LDF candidate M V Jayarajan waved to supporters an elections finale, at Kannur on Wednesday. UNI PHOTO-99U

KANNUR, APR 24 (UNI):- Congress led UDF workers an election finale of KPCC President and incumbent MP of UDF, K Sudhakaran during an election finale at Kannur town, on Wednesday. UNI PHOTO-98U

NAGAON, APR 24 (UNI):- Congress candidate Pradyut Bordoloi with party leader Gaurav Gogoi and Assam Jatiya Parishad (AJP) President Lurinjyoti Gogoi during a campaign rally for Lok Sabha elections, in Nagaon District of Assam, on Wednesday. UNI PHOTO-111U