India, March 20 -- Raymond Group Chairman and Managing Director Gautam Hari Singhania was rescued after a speedboat accident in the Maldives.

Singhania suffered minor injuries in the incident and is currently recovering in Mumbai, PTI news agency cited his spokesperson as saying.

Confirming that Singhania had been safely rescued after the incident, one of his spokespersons said, "Gautam Singhania suffered minor injuries following an unfortunate accident. He is recovering under due care in Mumbai."

Singhania's spokesperson also thanked everyone for the well wishes regarding his recovery. "We thank you for the wishes and pray for the well-being of the affected friends," the spokesperson said.

A speedboat carrying tourists capsized near ...