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Raymond sells 20 acres of its Thane land for over Rs 700 crore
NEW DELHI: As part of fashion retailer Raymond’s ongoing asset monetisation plan to improve cash flow amidst a broader slowdown in demand, the textile firm has sold a massive 20-acre land parcel in Mumbai’s Thane area to private equity major Xander Group’s retail arm Virtuous Retail South Asia (VRSA) for USD 100 million or over Rs 710 crore.


Posted: 2019-10-10 06:06:00

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Verse of the day

The poor you will always have with you, and you can help them any time you want. But you will not always have me. ive generously to him and do so without a grudging heart; then because of this the LORD your God will bless you in all your work and in everything you put your hand toive generously to him and do so without a grudging heart; then because of this the LORD your God will bless you in all your work and in everything you put your hand toGive generously to him and do so without a grudging heart; then because of this the LORD your God will bless you in all your work and in everything you put your hand to...Mark, 14. 7

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