Mumbai (PTI): Former Raymond chairman Vijaypat Singhania died here on Saturday evening, his family said.

He was 87.

His son Gautam Singhania, the group's current chairman and managing director, announced the death on the microblogging platform 'X'.

Singhania passed away "peacefully" in Mumbai, and the last rites will be performed on Sunday, a Raymond Group spokesperson said.

Vijaypat Singhania, a recipient of the Padma Bhushan, was also a keen aviator and held a world record for the highest altitude gained in a hot air balloon.

He led Raymond as chairman for two decades till 2000. After handing over the reins of the company to Gautam, Vijaypat also transferred his entire 37 per cent stake in the company to his son.

Vijaypat Singhania and his son were embroiled in legal disputes some years ago, but later they settled the issues.

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Panaji (PTI): A 26-year-old student of BITS Pilani was killed, and another suffered grievous injuries after their motorcycle collided with an oil tanker in South Goa, police said on Sunday.

The accident occurred around 5.15 pm on Saturday near a junction at Upasnagar in the Zuari Nagar area, an official said.

He said that the tanker was heading towards Vasco town from Upasnagar when the driver, Pedro Ivo Medeira (66), allegedly took a right turn to enter another lane without ensuring the safety of the oncoming traffic.

The victim, Karan Narasimha Murthy, who was riding towards Verna from the BITS Pilani campus, crashed into the rear left side of the tanker.

Murthy and his friend, Soham Adhikari (26), another student of BITS Pilani, suffered grievous injuries and were rushed to a hospital, where the former succumbed to his injuries.

Adhikari is undergoing treatment at the Goa Medical College and Hospital in Bambolim, the official said, adding that the tanker driver was arrested and later released on bail.