Raymond's bet: Be in top-3 or exit - Industry News | The Financial Express financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
India Business News: Raymond group has acquired a 59.2% stake in Maini Precision Products for Rs 682 crore through a combination of debt and internal accruals. The transac
The Raymond Group is venturing into the sunrise sectors of aerospace, defence, and electric vehicles (EV) components by acquiring a 59.25% stake in Maini Precision Products Limited (MPPL) for Rs 682 crore. The acquisition aims to bolster Raymond s engineering business. The deal will be concluded through Ring Plus Aqua Limited, an arm of JK Files and Engineering Limited, forming a new subsidiary.
India Business News: Textiles maker Raymond on Friday said it will buy a majority stake in automotive firm Maini Precision Products Limited (MMPL) for 6.82 billion rupees