Raymond Board Recommends Atul Singh As Executive Vice Chairman

• The Nomination and Remuneration Committee of Raymond has recommended Atul Singh’s appointment as Executive Vice Chairman, post securing necessary regulatory clearances.
• Singh has previously held senior executive positions at Coca-Cola and Colgate-Palmolive.

Source: Exchange filing

Housing Developer SignatureGlobal Files For IPO

• Delhi-based affordable housing developer SignatureGlobal has filed its DRHP with SEBI for a Rs 1,000-crore IPO.
• The IPO consists of a fresh issue of shares worth Rs 750 crore and an offer for sale of shares up to Rs 250 crore.

Source: Draft red herring prospectus

In Focus: Energy Stocks As Oil Falls To Three-Month Low

• Shares of energy-linked shares in Asia may move after oil fell to a three-month low on Tuesday.
• Stocks To Watch: RIL, BPCL, HPCL, ONGC, Oil India, MRPL, Chennai Petro, IOCL

Source: Bloomberg

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