Vijaypat Singhania, former MD of Raymond Group, dies at 87

Vijaypat Singhania, the former Managing Director (MD) of the Raymond Group, died at 87 on Saturday, his son Gautam Singhania confirmed.

Gautam took to X and said, “With profound grief and deep sorrow, we inform the passing of Padma Bhushan Dr Vijaypat Kailashpat Singhania.”

He described his father as a “visionary leader, philanthropist, and an inspiring personality, whose legacy will continue to guide and inspire generations”.

Vijaypat Singhania on visiting son’s home amid family dispute

In March 2024, Vijaypat Singhania issued a clarification following claims that he had reconciled with his son, Gautam Singhania. Earlier that month, Gautam had sparked speculation by posting a photo on social media “welcoming his father to JK House.” The developments coincided with a contentious divorce battle with Nawaz Modi, during which the senior Singhania publicly expressed strong support for his daughter-in-law.

Vijaypat Singhania explained that he was on his way to the airport on March 20 when his son’s assistant requested a visit to JK House. Gautam Singhania intervened as he initially refused, insisting that “he will take only five minutes of my time over a cup of coffee.” He added that this was the first time in 10 years he had entered JK House and that another visit was unlikely.

“I went most reluctantly, not realising that it was for an ulterior motive of taking my photograph with Gautam to send a wrong message to the media. A few minutes later, I came down and left for the airport. Soon after, I started receiving messages over my photo with Gautam on the Internet, claiming we had made up, which was totally false…I don’t know what his real motive was, but it was certainly not for coffee, nor to resolve our differences,” Business Today quoted him as saying.

Who was Vijaypat Singhania?

Vijaypat Singhania, born in 1938, was an Indian entrepreneur and aviator. Belonging to the influential Singhania family, he gained prominence as a textile industry leader, serving as chairman and managing director of the Raymond Group from 1980 to 2000. In the field of aviation, he set a world record for reaching the highest altitude in a hot air balloon and established a microlight endurance record in 1988 by completing a 23-day flight from London to Delhi. He also wrote several books, including a detailed account of his microlight journey and his autobiography.

The Government of India honoured Vijaypat Singhania with two major awards: the Tenzing Norgay National Adventure Award in 2001 for his achievements in aviation, and the Padma Bhushan in 2006 for his overall contributions. In addition, the Indian Air Force appointed him as an Honorary Air Commodore in 1994, and he was named Sheriff of Mumbai in 2006.

In 2015, Singhania transferred his entire 37% stake in the Raymond Group to his younger son and then-chairman, Gautam Singhania. This move sparked a highly publicised and long-running family dispute over various issues arising from the transfer.

Latest

Jubilant FoodWorks says stores impacted by LPG supply shortage amid West Asia war: What we know

Jubilant FoodWorks said that certain parts of its store network, which includes Domino's Pizza and Dunking Donuts have been impacted by the shortage of LPG cyli

Russia sells reserve gold for first time in 25 years to fund Ukraine war deficit

International Business News: Russia has begun selling physical gold from its central bank reserves for the first time in 25 years, as the government seeks to pl

How to get PNG gas connection online: Easy steps and documents you need

It is becoming popular as a cleaner and more convenient alternative to LPG cylinders.

Google sued by Epstein survivors for refusing to remove AI Mode results exposing their identities

A woman has sued the US government and Google for not protecting her identity when thousands of files related to Jeffrey Epstein were released. The lawsuit clai

RBI orders banks to impose daily caps to curb speculative trading on rupee

The domestic currency had slid to fresh lows amid widening trade gaps tied to the US-Israel and Iran conflict.  

Topics

Bruce Springsteen to Robert De Niro: Celebs and public figures who joined ‘No Kings’ protests in US cities

The No Kings rallies drew millions, with stars like Bruce Springsteen performing at the Minnesota event. 

Nancy Guthrie case: Body found near Tucson sparks fears; ‘don’t tell me…’

Scottsdale Police in Arizona are probing a body that was recovered from a canal amid the ongoing search for TODAY show host, Savannah Guthrie's mother, Nancy.

Shooting fears sparked amid reports of man with gun at Maryland mall

Reports of a man with a gun at Arundel Mills Mall in Severn, Maryland on Saturday sparked fears of a possible shooting incident. 

No Kings Protest in numbers: How many people are marching in anti-Trump rallies? Massive turnout revealed

Millions joined the 'No Kings' protests across 3,000 U.S. locations, marking one of the largest demonstrations in recent history.

Florida man sells family home for $954,800 using ChatGPT, $100,000 above agent estimates

US News: A Florida man has sold his family home in just five days for nearly $1 million after relying on the AI bot ChatGPT instead of a traditional estate age.

Fire in Biloxi? Smoke seen from Gulfport as fire department issues dry weather warning

A fire reportedly broke out near Biloxi in Mississippi and the blaze could be seen from the neighboring Gulfport, as photos were shared on social media. 

‘Stand against politics of division’: Thousands join anti–far-right march in London — watch

UK News: Thousands of people marched through the streets of London on Saturday in a massive demonstration against far-right politics. Organisers of the Togethe.

Rivalry breaks records: Malaysia made Japan and South Korea compete to build twin towers and the results shocked everyone

Rest of World News: When Malaysia set out to build the Petronas Twin Towers in the 1990s, it adopted an unusual strategy that would later become the stuff of en
spot_img

Related Articles

Popular Categories

spot_imgspot_img