Changing business environment prompted K P Singh to step down as DLF chief

Disruptions that are expected to alter the business environment in a post-Covid-19 world, played a key role in Kushal Pal Singh’s decision to pass the baton to his son. Singh, who stepped down from the chairmanship of realty major DLF Ltd recently, said in a virtual conference that he feels DLF’s new chairman Rajiv Singh is now well-equipped to steer the company out of troubled waters.

According to him, emergence of a new and highly competitive business environment is the new reality. “India is entering into a new era in which the marketplace will not only be much more competitive