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In this interview with Business Today, Vijaypat Singhania lamented about giving away his assets to his son and current Raymond boss, Gautam Singhania. ....
Raymond Ltd., one of the world's biggest producers of suit fabric, fell for the seventh day in Mumbai as the acrimonious separation between its billionaire Chairman Gautam Singhania and his wife sparked uncertainty among investors. ....
The stock has tumbled 12% since Nov. 13 when Singhania announced separation from Nawaz Singhania, his wife of 32 years and a Raymond board member, erasing more than $180 million in market value. The shares fell as much 4.4% on Wednesday, set for the biggest drop since Oct. 25. ....
Shares of Raymond shed over 4 percent in intra-day deals on Monday, 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. The couple announced separation earlier this month. ....