Diabytes
Vijaypat Singhania News
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Vijaypat Singhania, once wealthier than Mukesh Ambani and Gautam Adani, now lives in a rented apartment. His downfall began after stepping down as chairman of Raymond Group in 2015 and handing over control to his son, Gautam Singhania. Their strained relationship led to a family feud, yet Raymond continues to thrive under Gautam's leadership.
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Anil Sharma's directorial Vanvaas stars Utkarsh Sharma, Nana Patekar, and Simrat Kaur in key roles.
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Vijaypat Singhania, an 85-year-old businessman, and former textile magnate, established the Raymond Group in 1944 alongside his father L K Singhania.
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Vijaypat Singhania's Life Story: Vijaypat Singhania, who was once the driving force behind the establishment of the Raymond Group - a name well-known for creating clothing and textiles worn by millions - now lives a miserable life. His life story serves as a cautionary reminder of the fragility of relationships and the far-reaching consequences of family disputes.
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Life's hardships don't seem to dash the hopes of senior Singhania and his wife.
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The high court had last month suggested to the father-son duo to hold meetings, along with their lawyers, to try and arrive at an amicable solution since the dispute was personal.
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Gautam was quoted saying that elder Singhania had no other option but him since he was the only legal heir to the group.
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Vijaypat Singhania was at a South Mumbai club when he suddenly complained of severe chest pain.
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Gautam Singhania has made a veiled attack on his father amidst widespread media news that veteran industrialist is now leading a hand-to-mouth life.
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Vijaypat Singhania has moved the High Court alleging that his son is refusing to fully honour an arbitration award over a property dispute among the family members.
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Vijaypat Singhania, son of Lala Kailashpat Singhania (significant part of JK organisation) has two sons- Madhupati Singhania, the eldest and Gautam Hari Singhania is the youngest.
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Singhania who now resides in rented row house in south Mumbai's upscale Grand Paradi society blames his son Gautam for his deplorable financial condition.
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