succession

Succession at Reliance kicks in. Akash Ambani made Chairman of Telecom business.

How the Reliance (RIL) empire gets divided between the three siblings has been a hotly debated topic over the last few years. Many attribute the unprecedented fund raising of about Rs 1.65 lakh crore in 2020 to be the 1st step in that direction. Funds were raised from a multitude of reputed global strategic and … Read more

The Hinduja family feud puts a century-old business empire in jeopardy

As a child in London, one of Karam Hinduja’s favorite pastimes was watching Bollywood movies with his grandfather Srichand , the patriarch of a sprawling global business empire. “He and I, without fail, once a week, whatever was new, whether it was good or bad,” Karam said in a recent interview in Geneva. “That’s a … Read more