Gautam Singhania: Domestic abuse claims threaten India tycoon’s fortune

Gautam Singhania: Domestic abuse claims threaten India tycoon’s fortune
By Nikhil Inamdar
BBC News, Mumbai

A high-profile divorce settlement between a flamboyant Indian textile tycoon, Gautam Singhania, and his wife, Nawaz Modi, could lead to him forfeiting 75% of his $1.4bn (£1.1bn) fortune.

Both Mr Singhania and Ms Modi are board members and promoter shareholders of the publicly listed Raymond Group, one of India’s best-known consumer brands.

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