Family-owned Business

Indian business families are moving beyond traditional inheritance, focusing on succession planning, professional management and governance structures to preserve wealth and build lasting institutions

Today's columns examine India's failure to use its skilled diaspora, succession challenges in family businesses, Rahul Gandhi's political strategy, and resistance to resource-intensive data centres

From integrated transport planning and uncertainty over Rodtep to the RBI's geopolitical challenges, family business governance, today's opinions examine policy and institutional reform

A bigger stake once secured control, but businesses now see the need for a new playbook

In his affidavit submitted in court, Baba Kalyani said that his sister's children were members of the Hiremath family by birth and are not affiliated with the Kalyani joint family

The fight among Hinduja brothers was caused because of a pact signed by them in 2014 that said that 'everything belongs to everyone and nothing belongs to anyone'

India's super-rich are planning to pass on the reins to the next generation by setting up management trust. Is it to avoid the succession battle or the trust route can better ring-fence their wealth?

With dozens of companies, the closely held Hinduja Group employs more than 150,000 people in 38 countries.

Book review of The Ultimate Family Business Survival Guide

Conditions have become even more favourable for such institutions to grow in India after the Covid-19 disruption

Publicly listed family firms in Asia have a market capitalisation of more than $5.56 trillion; analysts say change in their ownership could be seismic.

Continue to cede ground to family enterprises, private sector firms

The combined m-cap of all private sector companies rose by 24.4 per cent this year to Rs 142.4 trillion as of December 24, up from Rs 114.5 trillion at the end of December 2019

Family-owned businesses outdo peers in returns since 2006, suggests a Credit Suisse report

There was no will; no other binding documents; no family constitution - just a letter, prompting a leading lawyer to say it couldn't get more absurd than this.

Leading business houses report pre-tax loss of Rs 19,342 crore in Q4

Most organisations have identified career development paths for their star performers.

Family businesses contribute about 70% of India's GDP. It is obvious that family firms dominate the Indian corporate sector.

Out of the top 50 most profitable companies globally, 24 were from Asia, with a total market capitalisation of $748 billion