Succession

Indian business families look to future-proof their legacy: Report

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

Succession planning in family-owned companies

Family-owned businesses face a critical succession challenge: Balancing inherited ownership with merit-based leadership. Brazil's JBS offers lessons in grooming heirs and professional management.

HDFC Bank's succession settled, but Anup Bagchi faces execution test

Deposit mobilisation, loan growth, margin recovery and senior management continuity could emerge as key priorities for Anup Bagchi

The Dauphin discount: Love the founder

The first generation builds a company. The second generation builds a bungalow in Alibaug, a chalet in Austria. The market knows

JPMorgan reshapes Jamie Dimon succession race with executive shuffle

JPMorgan has reshaped its succession race by promoting Doug Petno and Troy Rohrbaugh while Marianne Lake's retirement narrows the field to succeed Jamie Dimon

Preparing a will? Avoid these common mistakes to make it unchallengeable

Avoid vague drafting, interested witnesses, unsigned corrections, and multiple, contradictory documents

Best of BS Opinion: Centre, states face strong fiscal headwinds

From Bharti Airtel's succession planning and AI-driven cyber risks to the economic fallout of the West Asia conflict and India's investment needs - here are today's top opinion pieces

Biocon founder Kiran Mazumdar-Shaw picks niece Claire as successor

She plans a gradual leadership transition over the next five years, with her niece Claire Mazumdar expected to assume the chair in a phased manner

Supreme Court flags need for UCC to address complexities in personal laws

The Supreme Court highlighted the need for a Uniform Civil Code to address personal law complexities and ensure women's rights in matters such as inheritance

Apple steps up CEO succession plans as Tim Cook expected to leave next year

Apple is speeding up its plans to choose a new CEO, with a report saying Tim Cook may leave soon; the company wants a smooth transition as it prepares for major events and strong year-end sales

Asia's rich lack succession plans as private wealth nears $99 trn by 2029

Chaotic handovers have the potential to freeze assets in legal disputes, fragment family empires, and destabilise companies that have grown rapidly but lack the governance structures

Rupert Murdoch's eldest son gets control of media empire in $3.3 bn deal

The $3.3 billion settlement ends years of bitter family succession battle, dissolves the old Murdoch trust, and hands Lachlan sole power over Fox Corp and News Corp while siblings take cash exit

What to avoid in a will: Unequal shares, coercion, vague language

All of the above can lead to intra-family disputes; anyone making a will who anticipates acrimony should use of a family settlement to pre-empt it

'Gen Next's preferences lean toward globally diversified portfolio'

While many first-gen entrepreneurs are now more intentional and strategic about succession, the movement from informal conversations to formal planning is still a gradual and ongoing process

China heiress Zong's fight with half-siblings sparks succession debate

In a Hong Kong court, Kelly Zong was asked to help set up 3 trusts worth $2.1 billion for people who identify as her "half brothers and sister" following what they say were her father's directives

Dalai Lama says Trust will decide his reincarnation, rules out China's role

The institution of the Dalai Lama will continue following the traditional procedures carried out by the Gaden Phodrang Trust

Six financial planning tips to help couples build wealth, secure future

Open communication about money, expectations and contributions is key, and a shared vision should guide investment strategies, liquidity management, and succession plans

Consumer protection: Legal heir, not nominee, is beneficiary of policy

The high court held that the Insurance Act, a general law, must yield to the Succession Act, a special law that governs the rights of legal heirs

Noel N Tata, Mehli Mistry to Venu Srinivasan: Who's who in Tata Trusts

In the coming days, Tata Trusts will convene to elect a new chairman to succeed Ratan Tata

Daughters Inc: The unfolding of succession at Indian family businesses

Of the 2,348 companies listed on the National Stock Exchange, 510 have women executive directors