Family Business

Industrial products, automobiles, and chemicals together account for over Rs 31 lakh crore of cumulative value in the Barclays Private Clients Hurun India Most Valuable Family Businesses 2025 list. Automobiles top the chart on a per-company basis, with an average valuation of Rs 52,324 crore.

Renewables to constitute 80 percent of our capacity, says Torrent Power's Jinal Mehta

Apart from 10 GW, the company will also add 5 GW of storage in the form of pumped hydro storage plants, Torrent Power’s managing director said

Indian Family Business Awards 2023: Highlights, complete winners list and more

Indian Family Business Awards: The awards seek to illuminate the path of family-owned businesses that have sculpted the contours of India's dynamic economic terrain.

Multi-billion-dollar Godrej family settlement won't attract tax: Sources

The group has opted for the 'family arrangement' route under tax law, which is exempt from capital gains tax

Book Review: India’s mittelstand is robust and raring to go, notes 'Beyond Three Generations'

While family businesses constitute about 75% of the Indian economy a whopping 90% of them are MSMEs. The new book 'Beyond Three Generations: The Definitive Guide to Building Enduring Indian Family Businesses' profiles a dozen such enterprises, their business dimensions and what such firms should not do.

GERA Developments appoints CEO for the first time in 52 years

Malhotra has over two decades of experience across the entire real estate value chain, said the company

Start-up Street: Why family businesses score better than new-age start-ups

An extreme view is that non-family businesses tend to chase valuation while family businesses chase value creation 

Shareholder capitalism to stakeholder capitalism: Are Indian family firms prepared?

The debate around primacy to shareholders versus stakeholders is not about the reaction of corporations to exigencies or CSR spends. It is also not about one bottom line – profit. It is about a triple bottom line – people, planet, profit -- and generating value for all constituents in a fair and equitable manner.

Not all splits are inimical to business family interests

A clean break helps separate the wheat from the chaff, allowing the more competent of the family members to carve out an independent business career without the burden of a dysfunctional part to drag them down 

Family Firms in India: Performance and Relevance

Policymakers must be open to framing targeted interventions needed to create favourable conditions to improve the performance of family firms.

Start-up Street: Family businesses in India are warming up to external capital

Unlike money from banks, venture capital or private equity into family businesses comes with different expectations. Here are a few points to ponder over…. 

India’s business families have unique values that are worth emulating

In a world where multinational corporations and professional managers think nothing of resorting to mass layoffs to lower their costs, some of India’s business families serve as excellent models of placing human beings before shareholder returns

How does Murugappa Group keep everyone in the family happy?

When family businesses are struggling to keeps its members united, this century-old group seems to have cracked the code

Vijaypat Singhania: As we all age, we start to lose confidence in ourselves

In his autobiography, Vijaypat Singhania devotes an entire section to why gifting his entire 37.17% stake in Raymond to his younger son, Gautam Hari, was the "biggest mistake" of his life.

Building business the Mariwala way

From a small unit of Bombay Oil Industries in the 1970s to one of India’s largest FMCG companies with a market cap of over Rs 69,000 crore, Marico has come a long way.

Adi Godrej spells out why there will be fewer family businesses in the long-term

As Indian family-owned firms grow in size, their need for external investors and talent will rise in tandem, leading to diverse ownerships and professional managements, says Adi Godrej

Trust, transparency & innovation: The 3 pillars that hold Kalyan Jewellers fort in India

On the back of trust, transparency and innovation, the Thrissur-based Kalyan Jewellers has risen to national and international prominence

How 84-year-old chief avoids ambiguity on succession at Apollo Hospitals

At 84, Dr Prathap C Reddy still holds the casting vote at the Rs 6,000-crore, Chennai-based Apollo Hospitals. And with the setting up of a family constitution on February 1, he is ensuring it passes on over generations to come

E for equality; E for Emami: Here's what unites Emami promoters

By emphasising on equality and strong processes, the promoters of Emami have kept the families united and the businesses successful

Midas invites entrepreneurs to bootstrap big ideas

Midas is where one can envision ideas come to life as the institute provides the most essential ingredient of mentorship to aspiring entrepreneurs.

Which countries mix business and family?

A look at the involvement of families in running businesses worldwide