Gautam Singhania breaking up Raymond, breaks my heart, says father Vijaypat
1 year, 1 month ago

Gautam Singhania breaking up Raymond, breaks my heart, says father Vijaypat

India Today  

Vijaypat Singhania, former Chairman of Raymond, expressed deep disappointment witnessing his son Gautam Singhania "breaking up" the company. On the potential negative impact of the dispute on Raymond's reputation, Vijaypat Singhania remarked that it depends on how shareholders, bankers, and stakeholders perceive the situation. However, during the interview, Vijaypat Singhania also said his son will never agree to Nawaz Modi's demand to secure the financial well-being of their two daughters, Niharika and Nisa. According to a 2007 family agreement, Vijaypat, his son Gautam, the widow, and two sons of Vijaypat's brother Ajaypat Singhania were designated to receive individual duplexes in the family-owned JK House.

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History of this topic

Gautam Singhania faces calls to step down from Raymond's board: 'Until divorce with Nawaz Modi is settled'
6 months ago

Gautam Singhania faces calls to step down from Raymond's board: 'Until divorce with Nawaz Modi is settled'

Hindustan Times  

Institutional Investor Advisory Services urged Raymond shareholders to vote against the reappointment of Gautam Singhania as Chairman and Managing Director. Institutional Investor Advisory Services urged Raymond shareholders to vote against reappointment of Gautam Singhania. IiAS said, "Until the divorce issues are settled and an independent investigation is completed, we expect both Gautam Singhania and Nawaz Modi to step off the …

Raymond Re-Appoints Gautam Hari Singhania As MD For Another 5 Years
7 months, 3 weeks ago

Raymond Re-Appoints Gautam Hari Singhania As MD For Another 5 Years

News 18  

Raymond on May 3 said its board of directors has approved the reappointment of Gautam Hari Singhania as managing director for another 5 years, effective from July 1, 2024. “The board of directors, based on the recommendations of the Nomination and Remuneration Committee, at its meeting held today, have approved the re-appointment of Gautam Hari Singhania for a term of …

Vijaypat Singhania says no reconciliation with son, alleges ‘ulterior motive’ of Gautam Singhania
8 months, 4 weeks ago

Vijaypat Singhania says no reconciliation with son, alleges ‘ulterior motive’ of Gautam Singhania

Hindustan Times  

Following Raymond Group Chairman Gautam Singhania's Instagram post with his father Vijaypat Singhania, the latter denied having reached any reconciliation with his estranged son. When I refused, he came online himself and said he will take only five minutes of my time over a cup of coffee," Vijaypat Singhania said, adding, “I went most reluctantly, not realising that it was …

Vijaypat Singhania claims reconciliation with son ’totally false’, alleges ’ulterior motive’ of Gautam Singhania
8 months, 4 weeks ago

Vijaypat Singhania claims reconciliation with son ’totally false’, alleges ’ulterior motive’ of Gautam Singhania

Live Mint  

Vijaypat Singhania issued a clarification on Monday amid assertions that he had reconciled with his son. Raymond chief Gautam Singhania had made waves earlier this month after posting a photo ‘welcoming his father to JK House’ on social media. The developments also came amid an ugly divorce battle with Nawaz Modi that has Vijaypat Singhania said he had been on …

Reconciliation? Raymond boss Gautam Singhania shares picture with estranged father on Instagram with a message
9 months ago

Reconciliation? Raymond boss Gautam Singhania shares picture with estranged father on Instagram with a message

Hindustan Times  

Raymond Ltd's boss Gautam Singhania's shared an Instagram post with his father Vijaypat suggesting that the two were not at odds any longer. Wishing you good health Papa always.” Gautam Singhania's latest Instagram post with his father hinted at a reconciliation between them following a public spat. Gautam Singhania announced his separation from his wife Nawaz Modi on November 13 …

Raymond MD Gautam Singhania and father Vijaypat Singhania make amends after ugly public spat
9 months ago

Raymond MD Gautam Singhania and father Vijaypat Singhania make amends after ugly public spat

Live Mint  

Raymond chairman and managing director Gautam Singhania and his father Vijaypat Singhania have made amends after an ugly public spat over his separation from Nawaz Modi. Wishing you good health Papa always,'' Gautam Singhania wrote on X posting a picture with his father. Reportedly, this comes after Vijaypat handed over the company's reins to Gautam in 2015, and years later …

Raymond stock price, market cap takes another hit amid Gautam Singhania-Nawaz Modi family feud
1 year ago

Raymond stock price, market cap takes another hit amid Gautam Singhania-Nawaz Modi family feud

Hindustan Times  

Raymond Group's shares have taken yet another hit as company's managing director Gautam Singhania remains embroiled in a public family feud with his estranged wife Nawaz Modi Singhania. After the news of Gautam Singhania's divorce with wife Nawaz Modi broke out, the share prices of Raymond started steadily dropping. Gautam Singhania-Nawaz Modi divorce settlement Gautam Singhania announced that he and …

Who is Vijaypat Singhania, Raymond founder who slammed son Gautam Singhania amid divorce row?
1 year ago

Who is Vijaypat Singhania, Raymond founder who slammed son Gautam Singhania amid divorce row?

Hindustan Times  

As the separation of Raymond Group MD Gautam Singhania and his wife Nawaz Modi Singhania continues to make headlines, the billionaire's father Vijaypat Singhania opened up about the family feud, lamenting giving "everything" to his son. Vijaypat Singhania, who founded the Raymond Group, talked about how he regrets the "stupid" mistake of giving his son "everything". Vijaypat Singhania is an …

Gautam Singhania family feud: Raymond stock crumbles as mcap falls
1 year, 1 month ago

Gautam Singhania family feud: Raymond stock crumbles as mcap falls

Hindustan Times  

Raymond Group managing director Gautam Singhania and estranged wife Nawaz Modi Singhania are currently in the process of finalising their divorce settlement, with the public ordeal now having a negative impact on the shares of the garment-making company. Raymond's Gautam Singhania and estranged wife Nawaz Modi Singhania Gautam Singhania's Raymond Group, which is the world's largest suit garment manufacturer, has …

Veteran tycoon Vijaypat Singhania regrets handing over business to son: Report
1 year, 1 month ago

Veteran tycoon Vijaypat Singhania regrets handing over business to son: Report

Live Mint  

Raymond's founder, Vijaypat Singhania, in an interview to Business Today, expressed his regrets about handing over his business entirely to the current Managing director, Gautam Singhania. Billionaire industrialist Gautam Singhania's estranged wife, Nawaz Modi Singhania, also recently alleged him of physical abuse. Billionaire Gautam Singhania on Monday, November 13, announced separation from his wife Nawaz, saying the two have decided …

Here’s why Raymond shares fell 12% in 7 straight sessions, mcap falls ₹1500 cr
1 year, 1 month ago

Here’s why Raymond shares fell 12% in 7 straight sessions, mcap falls ₹1500 cr

Live Mint  

Shares of Raymond shed 4 percent on Wednesday, extending losses for the seventh straight session amid reports that chairman Gautam Hari Singhania's estranged wife Nawaz Gautam Singhania has demanded 75 percent of his fortunes. Nawaz Modi Singhania, the estranged wife of billionaire industrialist Gautam Singhania, has come forward with allegations of physical abuse against her husband. As part of a …

Gautam Singhania kicked, punched me and our daughter: Estranged wife's big charge
1 year, 1 month ago

Gautam Singhania kicked, punched me and our daughter: Estranged wife's big charge

India Today  

Last week, Gautam Singhania, the billionaire Chairman of Raymond Group, announced separation from his wife of 32 years, Nawaz Modi Singhania. Niharika was also injured, but she didn’t want to check into hospital as she felt her little sister needed her,” Nawaz Modi said. Nawaz Modi said she was discharged “late on September 13, or early 14” after she told …

Raymond boss' estranged wife demands 75% of his fortune as settlement: Report
1 year, 1 month ago

Raymond boss' estranged wife demands 75% of his fortune as settlement: Report

India Today  

Nawaz Modi Singhania, the estranged wife of billionaire industrialist Gautam Singhania, has demanded 75 per cent of his estimated $1.4 billion net worth as part of the divorce settlement, reported The Economic Times. While Gautam Singhania is believed to have shown a willingness to consider Nawaz's request, he has proposed the establishment of a family trust to manage and transfer …

Nawaz Modi seeks 75% of Gautam Singhania's net worth in high-stakes divorce settlement
1 year, 1 month ago

Nawaz Modi seeks 75% of Gautam Singhania's net worth in high-stakes divorce settlement

India TV News  

The estranged wife of billionaire industrialist Gautam Singhania, Nawaz Modi Singhania, has reportedly demanded 75 per cent of his $1.4 billion net worth as part of the divorce settlement for herself and their two daughters, The Economic Times reported. Singhania has proposed to form a family trust to manage and transfer the family's assets with him serving as the sole …

Gautam Singhania wife Separation Raymond
1 year, 1 month ago

Gautam Singhania wife Separation Raymond

ABP News  

Mumbai, Nov 13 Billionaire industrialist Gautam Singhania on Monday said he has separated from his wife Nawaz, in an announcement that comes amid speculation over the future of the 32-year relationship. The announcement came minutes after a video surfaced online which purportedly shows Nawaz allegedly not being allowed to enter a party hosted by Singhania at Thane last week despite …

Raymond Group Chairman Gautam Singhania's Wife Nawaz Modi 'Stopped' From Entering His Diwali Party
1 year, 1 month ago

Raymond Group Chairman Gautam Singhania's Wife Nawaz Modi 'Stopped' From Entering His Diwali Party

News 18  

Raymond MD and Chairman Gautam Singhania’s wife Nawaz Modi Singhania was allegedly stopped from attending her husband’s Diwali party despite an invitation in Maharashtra’s Thane last week. In the video clip that Nawaz Singhania recorded outside the party venue, she alleged that she was given an invitation to the Diwali party hosted by her husband at JK Gram in Thane …

Raymond's Gautam Singhania Announces Separation From Wife After 32 Years of Being Together
1 year, 1 month ago

Raymond's Gautam Singhania Announces Separation From Wife After 32 Years of Being Together

News 18  

Billionaire Gautam Singhania, who is the chairman and managing director of textiles-to-real estate conglomerate Raymond Ltd, on Monday announced separation from wife Nawaz Modi. “I am parting ways with her while we will continue to do what is the best for our two precious diamonds Niharika and Nisa,” Singhania said, without giving details about the separation and custody of their …

Gautam Singhania announces separation from wife
1 year, 1 month ago

Gautam Singhania announces separation from wife

Live Mint  

Billionaire Gautam Singhania on Monday announced separation from wife Nawaz, saying the two have decided to pursue different paths. "This Diwali is not going to be the same as many in the past," Singhania, chairman and managing director of textiles-to-real estate conglomerate Raymond Ltd, said in social media posts. "As I reflect over the unfortunate developments in the recent past, …

Billionaire Gautam Singhania announces split after wife's 'Diwali party' charge
1 year, 1 month ago

Billionaire Gautam Singhania announces split after wife's 'Diwali party' charge

India Today  

Gautam Singhania, the billionaire Chairman of Raymond Group, on Monday announced that he and his wife of 32 years, Nawaz Modi Singhania, had parted ways. This came hours after a video surfaced in which Nawaz is seen alleging that she was stopped from attending her husband's Diwali party on Sunday, November 12. In the video, purportedly shot outside the party …

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