Raymond chief Gautam Singhania to quit from all group companies

Raymond Chairman & MD Gautam Singhania has said he'll step down as Chairman from all group companies to ensure promoter family is away from day-to-day functioning. "Tomorrow morning if I die, god forbid, there are identified people who will take charge of everything," Singhania said. "Even at Raymond Limited, I don't know how long I'll remain as chairman," he added.