Gautam Singhania

According to a family announcement, the funeral assembly of Vijaypat Singhania will be held at 1:30 pm on Sunday, March 29, 2026 in Mumbai.

“At that time, we did not know that one of them was an Indian billionaire,” a Maldives official said after rushing to aid victims of a speedboat crash involving industrialist Gautam Singhania.

A high-speed boat crash in the Maldives has left two Indians missing, including a celebrated rally figure, even as Gautam Singhania returns home. Search teams continue efforts amid mounting concern and unanswered questions.

Gautam Singhania sustained minor injuries after a speedboat capsized in the Maldives. Two Indian nationals remain missing following the accident.

Gautam Singhania, Chairman and Managing Director of Raymond Ltd, shared a now-viral video of a speeding Lamborghini that rammed into the divider on Mumbai’s Coastal Road.

Each shareholder will receive one share of Raymond Realty for every share held in Raymond, the group said previously.

Lamborghini Car Fire: Fire broke out in a moving Lamborghini in Mumbai and no injuries were reported. Authorities were investigating the cause of the blaze.

The company debuted on the stock exchanges on September 5, 2024, and Gautam Singhania has played a leadership role in both Raymond Ltd and Raymond Lifestyle since then.

In a post on X, Gautam Singhania slammed Lamborghini India and Asia’s top executives for not responding to his complaint.

Raymond Group IPOs: Chairman Gautam Singhania recently explained that the restructuring is intended to address what he described as “subdued valuations” due to the varied nature of Raymond’s portfolio.

IiAS has called for both Gautam Singhania and his estranged wife, Nawaz Modi, to be removed from their positions until their divorce proceedings are resolved.

Raymond Ltd has appointed Gautam Singhania as the managing director of the company for a term of five years, beginning from July 1, 2024.

The former Raymond Group chairman and managing director said that he was oblivious of what the real motive was behind his son Gautam inviting him for a chat over a 'cup of coffee'.

As Gautam Singhania posted the picture on X, speculation arose suggesting that he had reconciled with his father, Vijaypat Singhania, following a prolonged dispute.

At around 1:35 pm, shares of Raymond were up 3.18 per cent at Rs 1,551.25 apiece, providing much-needed relief to shareholders of the company as the company’s longest-ever losing streak on record came to an end.

The statement from the Raymond's independent comes amid the ongoing divorce settlement dispute between chairman and managing director Gautam Singhania and estranged wife Nawaz Modi, who is also a board member. 

The development comes after Nawaz Modi, a board member and the estranged wife of Gautam Singhania, claimed that she and her daughter were subjected to physical assault by Singhania in September 2023.

Gautam Singhania publicly announced his separation from Nawaz Modi on November 13. In the aftermath, Nawaz Modi publicly accused Gautam Singhania of physical assault. The public fallout also led to a decline in Raymond's stock price.

In an audio clip, Raymond Group chairman Gautam Singhania's estranged wife Nawaz Modi claims that she almost fainted but the industrialist allegedly forced her to trek to the Tirupati temple.

During the interview, Vijaypat Singhania reflected on his relationship with his son Gautam and expressed regrets over relinquishing his assets to him. He also said that Gautam Singhania would be “happy to see him on the roads”.