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Raymond Realty Listing on Tue, Parent's Shares Up 14%

The New Indian Express Bhubaneswar

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July 01, 2025

RAYMOND REALTY, which will begin public trading from Tuesday after a hiving off from the parent Raymond, and has ₹40,000 crore projects in the pipeline across seven projects, will not be taking up new projects if the margin is less than 20%, its top management has said.

- ENS ECONOMIC BUREAU @ Mumbai

The shares of the Gautam Singhania-led Raymond rallied 14% on Monday a day ahead of the listing to ₹711.70 on the BSE.

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The New Indian Express Bhubaneswar

The New Indian Express Bhubaneswar

More than 35% users expect AI to handle most of their work within a year

AT least 35% of AI users increasingly expect the technology to perform most of their work within a year, as per Anthropic’s Economic Index.

time to read

1 mins

June 30, 2026

The New Indian Express Bhubaneswar

Omar writes to Mann as J&K staring at mutton shortage over Punjab transit fees

MUTTON could soon become scarce across Jammu and Kashmir as a standoff over alleged illegal charges on livestock trucks passing through Punjab has brought fresh imports to a halt.

time to read

1 min

June 30, 2026

The New Indian Express Bhubaneswar

TRACK DISTRESS MIGRATION, CURB YOUTH TRAFFICKING

THE ammonia leak at a seafood processing factory in Tiruvallur near Chennai has so far claimed 16 lives; another 26 workers are in recovery, while 47 have been discharged after treatment.

time to read

1 mins

June 30, 2026

The New Indian Express Bhubaneswar

Nat'l ambulance norms for emergency response

THE Centre on Monday released the National Operational Guidance on National Ambulance Services 2026, which aims for ambulances to reach patients at the nearest medical centre, preferably within twenty minutes, with a target of ten minutes in busy urban areas.

time to read

1 min

June 30, 2026

The New Indian Express Bhubaneswar

QR codes for e-rickshaws, autos must in C'garh

IN a push toward public safety and urban transit modernisation, Raipur Police launched a major safety initiative for commuters, introducing mandatory QR codes for all auto-rickshaws and e-rickshaws operating in the city limits.

time to read

1 mins

June 30, 2026

The New Indian Express Bhubaneswar

Ayodhya Police question Rai for 2 hrs

AS part of the probe being carried out by the three-member Special Investigation Team into the alleged embezzlement of donations at the Ram Temple, the Ayodhya Police have recorded the statement of the former General Secretary of Shri Ram Janmabhoomi Teerth Kshetra Trust, Champat Rai, sources said on Monday.

time to read

1 min

June 30, 2026

The New Indian Express Bhubaneswar

The New Indian Express Bhubaneswar

BRAZIL IN SMASH & GAB-RIEL

Substitute scores in dying seconds to help Selecao nick 2-1 victory over Japan in Houston

time to read

2 mins

June 30, 2026

The New Indian Express Bhubaneswar

The New Indian Express Bhubaneswar

Haryana & Raj sign MoU on '94 Yamuna water agreement

HARYANA and Rajasthan on Monday signed an agreement for the construction and implementation of the Yamuna Water Project, under which Rajasthan will get approximately 580 million cubic metres of water from the Yamuna canal through three underground pipelines from July to October every year.

time to read

1 min

June 30, 2026

The New Indian Express Bhubaneswar

Indigenous push: DRDO gets more financial muscle to cut R&D delays

THE Centre on Monday handed the Defence Research and Development Organisation (DRDO) more financial muscle by revising its delegation of powers to speed up trials, testing and the induction of indigenous defence technology.

time to read

1 mins

June 30, 2026

The New Indian Express Bhubaneswar

PM to take stock of reforms from secys

PRIME Minister Narendra Modi is expected to chair a high-level meeting of secretaries from all ministries and associated departments on Tuesday, a day after returning from his visit to Seychelles.

time to read

1 min

June 30, 2026

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