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FAMILY BUSINESSES IN INDIA
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...
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...
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...
If not acting, she would have pursued an MBA. Today, she is India's richest actress with a Rs 8000 crore net worth. How did she build her empire?Juhi Chawla, a former Miss India, is now known as India's richest actress. Her substantial net worth of approximately Rs 8,000 crore stems ...
Anicut Capital takes over Bira founder Ankur Jain's stake, to lead restructuringAnicut Capital has taken over B9 Beverages founder Ankur Jain's shares. The venture debt provider will now lead the troubled company's rest...
Diamond merchant from Gujarat's Amreli went to Mali after investing in gold mine, but was kidnapped; family paid Rs 44 crore ransom to secure his releaseDhiru Ramani, an Indian-origin diamond businessman, was reportedly released from Mali after a ransom was paid. His family negotiated direct...
‘Sometimes love is just sitting together and saying nothing’: Indian man in Norway compares how families express love back home and abroadNorway Vs India: An Indian man living in Norway observed distinct family communication styles. He noted Norwegian families find comfort in ...
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...