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FAMILY BUSINESS
Why India's family businesses continue to thrive across generations and market disruptionsET celebrates the melding of generational wisdom with disruption, and old school with new-age, along with the never-say-die spirit that mak...
ET Family Business Awards: Serum Institute, Mankind, Varun Beverages among winners in the limelightSeveral Indian family businesses received awards for their significant contributions. Serum Institute of India was honored for philanthropi...
ET Family Business Awards: Cos that keep stakeholders together manage to get things moving, says 360 ONE founder Karan BhagatSuccessful family businesses continuously adapt their business models over time. Managing investors, promoters, employees, and clients is c...
This award belongs to our incredible employees as much as it belongs to me: Rama Kirloskar, Joint MD - Kirloskar BrothersRama Kirloskar received the NextGen Business Leader award for her contributions. She credited her family's vision and commitment for the Ki...
My father’s journey taught me that leadership isn’t defined by titles or milestones: Alisha Moopen, deputy MD, Aster DM HealthcareAlisha Moopen received the NextGen Business Leader award for her bold decisions. Aster DM Healthcare is now India's second-largest healthca...
As we look to the next decade, I hope in the future we can further grow in generics as we transition into drug innovation: Aman Mehta, MD, Torrent PharmaceuticalsTorrent Pharma aims to become a top three Indian drug maker. The company is transitioning from generics to drug innovation for growth. Aman...
Sustainability is at the core of what Thermax does: Vishal Mehra, Head-Water and Wastewater Business, ThermaxThermax received the Sustainability Champion award at the Economic Times Family Business Awards. The company's future growth plans are now ...
Family businesses do not think in quarters but in generations: Sivakumar Sundaram, CEO (Publishing), BCCLFamily businesses form India's economic backbone, contributing over seventy-five percent to the nation's GDP. These enterprises consistentl...
ET Family Business Awards' winners in the limelight: Apollo Hospitals and Muthoot FinCorpApollo Hospitals and Muthoot FinCorp received prestigious family business awards. Preetha Reddy highlighted Apollo's commitment to accessib...
1991 liberalisation a defining moment for family enterprises: Rajiv Memani, chairman, EY, IndiaIndian family businesses have grown stronger since economic liberalisation in 1991. Many predicted their decline, but these enterprises ada...
ET Family Business Awards: Businesses are built not on greed, but on contribution, says ex-SEBI chief M DamodaranSuccessful Indian family businesses identify individual strengths and plan succession early. They also rope in the best professional talent...
ET Family Business Awards: How India Inc's next generation is balancing legacy with innovationIndian family businesses are entering a new growth phase. Next generations balance legacy with innovation and measured risk. Family offices...
Rs 104 lakh crore club: India's richest 3,040 now hold wealth equal to 30% of GDPIndia’s 3,040 richest individuals hold Rs 104 lakh crore in wealth, nearly 30% of nominal GDP, highlighting growing wealth concentration. T...
Scottish proverb of the day: 'The father buys, the son builds, the grandchild sells, and his son begs'. Life lesson on how inherited wealth can vanish without discipline and hard work from old folk sayingThe Scottish proverb “The father buys, the son builds, the grandchild sells, and his son begs” offers a powerful lesson about generational ...
Africa’s richest man plans to donate one-third of his wealth, signals future of business empireAfrica's richest man, Aliko Dangote, plans to donate one-third of his wealth to charity. This development offers a rare insight into the fu...
Chinese proverb of the day: 'When the tree dies, the grass...' Life lessons from motivational proverb on interconnectedness, leadership dependence, vulnerability and systemic supportChinese proverb of the day highlights the meaning of the saying, "When the tree dies, the grass underneath withers." The proverb explains h...
A man loved to buy new cars. But his wife found a trick to stop him and save money. Actor Madhavan was left amazedDuring an interview with R Madhavan, banker Sarthak Ahuja explained how men and women often approach money differently. He shared a client’...
Actor Madhavan asked banker what many Indian couples avoid talking about. 'Many outside the family take money away...'During an interview for ACKO’s 100 Year Life Project, R Madhavan asked banker Sarthak Ahuja whether gender influences money management. Ahu...
Temasek doubles down on India; sees long-term opportunities in family businessesTemasek International sees family businesses opening to investors as a major market shift. Generational transitions create attractive long-...
When Being a Family Business Becomes a Competitive AdvantageFamily businesses often underestimate the strategic power of their familial identity, defaulting instead to corporate models that erode the...