Saturday, March 21, 2026

Business

Raymond’s Gautam Singhania recovering well after speedboat accident

IANS | March 21, 2026 01:40 PM

NEW DELHI: Raymond Group Managing Director Gautam Singhania is recovering well after suffering minor injuries when a speedboat capsized near Fulidhoo in the Maldives, his team said on Saturday.

"He is doing well as of today, " his team said in a health update.

A speedboat carrying seven people with five Indians, a British national and a Russian national, capsized on Friday.

“Gautam Singhania suffered minor injuries following an unfortunate accident. He is recovering under due care in Mumbai. We thank you for the wishes and pray for the well-being of the affected friends, ” a spokesperson for Singhania said, reports NDTV Profit.

Two people, believed to be Indians, are still missing and search operation for them was underway, according to reports.

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