SC's judgment on daughter's equal right to ancestral property will empower women from business familiesOn Tuesday, the division bench of the Supreme Court, headed by Justice Arun Mishra, while settling the question of law clarified that daugh...
Faultless succession plan key to survival of family businesses“Only business houses that have mastered the art of succession planning, and those that have instilled family values among young inheritors...
Godrej family may rework pacts after rift over landThe crux of the issue appears to be the concentration of the family’s land holding in Godrej & Boyce.
An inside view of India's pencil business and the four families that control itComplicated manufacturing and investment needs may have a role in keeping new players out of the business.
Women directors at family firms face 'competence versus kinship' challengeAccording to a report, standalone family firms have a higher proportion of women directors compared with family business group affiliated f...
Anything from strategy to succession may result in family feudsDifferences between patriarchs and their brood can occur over anything from strategy to succession. It turns very ugly when centering aroun...
Succession Planning: Welspun Group to hive off yarn-spinning business for next generationMandawewala, the group managing director, is in the process of purchasing partner and chairman BK Goenka's stake in Welspun Syntex, they sa...
Niece drags Baba Kalyani, family to court over wealth; claims one-ninth of the estate as her shareSheetal Kalyani, 27, an economics graduate from Pennsylvania State University, has included 183 people, including Baba Kalyani in her suit.
Vedanta Group’s owner Anil Agarwal will not crown any kin to top posts, prefers professional managersThe founder of Vedanta group wants to separate ownership and management, appointing professional managers rather than kin to top posts.
Jindal Brothers unravel filial cross-holdings to modernise structure of business empireThe actual unwinding will also have to be done in such a way that it does not unsettle the share price too much, they added.
With 73% of the top 500 firms on BSE being family-run, ‘constitution’ keeps business families togetherAbout 73% of the top 500 firms listed on BSE are family-run, while almost half the firms on Nifty are 2nd or 3rd generation family business...
B-schools strengthen family business courses to groom younger generation for leadershipFamily business management is the new hot discipline in India as the scions of small to large business houses look for specialised skills.
With Vivek Gambhir as MD of GCPL, Adi Godrej may have struck the right leadership blendWith a former Bain consultant who is set to be anointed MD driving growth, chairman Adi Godrej may have struck upon just the leadership ble...
Family-run businesses send heirs for foreign education to sharpen skills, lead workforceScions of family businesses are leveraging on their foreign exposure to sharpen life skills and inculcate the ability to lead a multi-cultu...
- Usha Martin hires brand consultancy firm Landor Associates to take up its first branding exercise
Usha Martin, the world’s second largest wire rope maker, has hired top brand consultancy Landor Associates to take up its first branding ex...
- Mittals of Ispat to reorganise themselves as JSW steps in
The JSW Group’s acquisition of Ispat Industries is likely to prompt a re-organisation in the M L Mittal family and will also seek to replac...
- Family offices help in planning wealth succession
Promoters of small companies are increasingly using the services of family offices to help them plan their wealth succession.