- 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