Raymond Group Chairman Gautam Singhania recovering, supporting ongoing search operations: Spokesperson
Raymond Group Chairman Gautam Hari Singhania is recovering after a speedboat accident in the Maldives. He is supporting ongoing search operations for two Indian men who went missing. The accident involved seven people. Singhania sustained minor in...

Singhania is among seven people who were involved in a speedboat accident in the Maldives on Friday. He was rescued and returned to Mumbai.
As per reports, two Indian men, former national rally champion Hari Singh and Arjuna awardee Cdr Mahesh Ramachandran, have been missing, and search operations are on.
"Gautam Singhania continues to recover under due care and is closely monitoring and supporting the ongoing search operations. We continue to pray for and support the friends and families of those affected," the spokesperson said.
While there has been no official update on the outcome of the search operations, social media is abuzz about the possible death of the missing persons, while blaming Singhania for the accident.
"There are speculations being spread on social media regarding an unfortunate speedboat accident involving a serious mechanical failure. It is disconcerting to note the irresponsible nature of comments circulating with total disregard for the facts," the spokesperson said.
Singhania was among the seven people on the speedboat, including two women from the UK and Russia, and five men from India. Singhania had suffered minor injuries and was back in Mumbai for recovery.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.