Vijaypat Singhania, former Raymond chairman, dies at 87 in Mumbai

Vijaypat Singhania, erstwhile Raymond chairman, Padma Bhushan awardee and noted aviator, has passed away.He died successful Mumbai astatine the property of 87.His lad Gautam Singhania, president and managing manager of the Raymond Group, announced the decease connected microblogging level X.A institution spokesperson said Singhania passed distant “peacefully” and his past rites volition beryllium performed connected Sunday, reported PTI.A recipient of the Padma Bhushan, Vijaypat Singhania was known not lone for his enactment astatine Raymond but besides for his passionateness for aviation. He held a satellite grounds for achieving the highest altitude successful a blistery aerial balloon.He led Raymond arsenic president for astir 2 decades until 2000, aft which helium handed implicit the reins of the institution to Gautam Singhania. He had besides transferred his full 37 per cent involvement successful the institution to his son.Vijaypat Singhania and Gautam Singhania were aboriginal progressive successful ineligible disputes, which were subsequently resolved.