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Indian businesses

Ramesh S Ramakrishnan of Transworld Group on opportunities, philanthropy and legacy

October 14, 2020

Ramesh S Ramakrishnan, the chairman of the global family-controlled shipping and logistics group Transworld, says being alert and agile for new opportunities will be vital for families as businesses cope with the new post-pandemic world.

Book reviews: Indian Family Business Mantras

May 12, 2016

An engaging collaboration between UK and Indian family business experts Peter Leach and Tatwamasi Dixit, it brings together Eastern and Western thinking on family business issues – suffusing practical process with quotes from Indian epics.

Campden Wealth launches joint venture with India’s Patni family

March 14, 2016

CampdenFB and CampdenFO is to increase its focus on Indian family businesses and family wealth issues following a tie-up between its publisher, Campden Wealth, and the Patni family.

CampdenFB and CampdenFO is to increase its focus on Indian family businesses and family wealth issues following a tie-up between its publisher, Campden Wealth, and the Patni family.

Campden Wealth has completed a joint venture with Amit and Arihant Patni, the sons of Gajendra Patni - co-founder of Patni Computer Systems, to launch Campden Family Connect (CFC) in India.

The joint venture will result in more Indian-focused family business and family wealth stories online and in print.

Lodha Group follows common Indian succession plan by splitting business

July 23, 2015

Indian family real estate business Lodha Group will be split into two entities to ease succession planning into the second generation – a strategy that is common in India, according to a family business academic based in the country.

Lodha Group chairman and founder Mangal Prabhat Lodha plans to appoint his eldest son, Abhishek, 36, to the helm of the real estate business, while his younger son, Abhinandan, 33, will head a new financial services business.

Four sisters’ promotions at Apollo Hospitals signal growth plans

July 15, 2014

Apollo Hospital Group’s promotion of four second-generation sisters to key executive roles signals the family business is preparing for entrepreneurial activities, a family business academic says.

Apollo Hospital Group’s promotion of four second-generation sisters to key executive roles signals the family business is preparing for entrepreneurial activities, a family business academic says.

This month, Dr Prathap Reddy, 80, founder and chairman of the Indian healthcare giant, announced Preetha Reddy, 56, already anointed his heir apparent, would have expanded duties under her new role as executive vice-chairwoman.

Murugappa: The family adding value in diversification

April 18, 2013

Conglomerate Murugappa is sometimes dubbed southern India’s Tata Group, CampdenFB talks to its fourth-gen chairman about his plans for the family business.

Conglomerate Murugappa is sometimes dubbed southern India’s Tata Group, CampdenFB talks to its fourth-gen chairman about his plans for the family business.

No song and dance for the Birla family

October 9, 2012

The world of Indian movies is dominated by songs, dances and drama – lots of it. And now, one family business has found itself in the midst of it all due to the lyrics of a song in an upcoming Bollywood film.

The Birla family, which controls multi-billion-dollar conglomerate the Aditya Birla Group, has sent a legal notice to Prakash Jha – the director of a new film called Chakravyuh– objecting to a song in the movie.

Indian family business heads trust family members more than outsiders

July 2, 2012

Non-family employees are being overlooked in Indian family businesses, because of a combination of company heads trusting their relatives more than outsiders and a culture where family members are required to work in the firm.

That’s according to Kavil Ramachandran, a professor at the Indian School of Business and the author of a report, Challenges Faced by Family Businesses in India, released last week.

Dr Reddy’s Laboratories: A good example of succession planning

January 25, 2012

Relinquishing control can often be difficult for company founders, but one Indian family business head is currently in the process of ensuring succession at his firm goes well.

Indian family businesses prefer professional managers to next-gens

January 17, 2012

The owners of Indian family businesses are looking beyond the next generation to non-family professionals when it comes to appointing new managers, according to research from Barclays Wealth.

Nearly seven in 10 respondents to the study, carried out by research firm Dun & Bradstreet, said they prefered hiring independent professional managers for leadership roles, rather than their relatives.