Vijaypat Singhania: the tycoon who flew too close to the son
Vijaypat Singhania, Raymond's architect, led an extraordinary life, blending business acumen with record-breaking aviation exploits. He built Raymond into a powerhouse, diversified extensively, and held aviation records like the London-New Delhi microlight flight and a hot-air balloon altitude record. However, his decision to transfer his 37% stake to his son Gautam triggered a bitter family feud. This public dispute resulted in him losing his Chairman Emeritus title and battling over property and personal belongings. Singhania ultimately expressed deep regret, calling his choice "the height of stupidity," marking a tragic end to an otherwise remarkable career.
LiveMint · Sundeep Khanna · Sep 26, 2026 at 1:30 AM