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India’s top suiting brand Raymond cuts thousands of jobs as people work from home amid COVID-19

Raymond

Raymond

One of world’s biggest producers of worsted wool fabric ? Raymond ? began cutting jobs by laying off more than one-third employees as majority people have started working from home amid COVID-19 outbreak. The firm, that began operations since 1925 from Bombay (now Mumbai), started laying off to cut costs.


The firm is reducing jobs, rents, and marketing costs to decrease expenses by as much as 35% for the financial year started April 1. Raymond has taken this as an opportunity to re-set. What we know is this is a crisis and we will stand strong, said Chairman Gautam Hari Singhania.


Bloomberg quoted Singhania by saying, When you are a strong brand, recession always plays in your favor. Brooks Brothers (competitor brand) provides a very specific and formal range of clothing, unlike us, so it doesn’t bother us much.


As of now, Raymond is manufacturing personal protective equipment (PPE) for health workers from its Bengaluru factory. 
The firm has re-opened 1,332 out of 1,638 stores as of July 2 and is seeing about 45% of pre-pandemic sales.

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Deaf and dumb students put up scintillating show at Radio Mirchi’s ‘Utsav @ Zero Mile’ in Nagpur

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Radhika Dhawad | Photographer : Anurag Raut | Nagpur

Amid heavy rains, Nagpur citizens drenched themselves in patriotism during ‘Utsav @ Zero Mile’ organised by Radio Mirchi on Sunday, August 14. What made the event all the more special was when several deaf and dumb students of Deaf and Dumb School, Shankar Nagar, gave a splendid performance on national anthem that reverberated patriotic fervour. Apart from them, students from Delhi Public School also left people completely mesmerised with their incredibly soothing performance with various musical instruments.

Ex-Indian Idol contestant from the city Kaivalya Kejkar regaled the audience with songs including ‘Maula Mere Lele Meri Jaan’ from Chak De! India.

Also read:RSS Chief Mohan Bhagwat hoists national flag at Nagpur headquarters

 

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Nagpur News

Kids in Nagpur walk ramp in khadi outfits during Azadi Ka Amrit Mahotsav

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Radhika Dhawad | Photographer : Nitin Mankar | Nagpur

In a rare yet commendable initiative, kids walked the ramp in outfits made in Khadi by designer Durgesh Dixit during Khadi Pride. The ramp walk took place at Sugandh Sabhagruha in Nagpur on Sunday, August 14 in the presence of Central Member of Khadi & Village Industries Commission, Micro Small & Medium Enterprises Jaiprakash Gupta. 

Also read:India’s biggest tribal health project launched in Nagpur; over 10,000 to be screen across Vidarbha

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India’s biggest tribal health project launched in Nagpur; over 10,000 to be screen across Vidarbha

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Radhika Dhawad | Photographer : Anurag Raut | Photographer : Nitin Mankar | Nagpur

Maharashtra University of Health Sciences (MUHS) along with the Tribal Development Department in Nagpur launched BLOSSOM that was recently inaugurated by Union Minister Nitin Gadkari. 

BLOSSOM is an initiative that has been launched to reach out to the remotest tribal villages in districts of Chandrapur, Gondia and Gadchiroli in Maharashtra and screen the people for non-communicable diseases and plan suitable interventions.

Launched at Hotel Centre Point Hotel on World Tribal Day, the initiative BLOSSOM stands for: Breast cancer, Liver and lifestyle diseases, Osteoporosis, Sickle cell, Sexually transmitted infections, and Malnutrition.

Around 22 teams would screen a population of 10,000 tribal people across remote villages in the coming three months.

Also read:Nagpur’s Futala Lake comes alive with chants of Bharat Mata Ki Jai on Independence Day

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