Godrej Group headed for split of $4.1 billion business empire

At present, the group is led by veteran industrialist Adi Godrej (79), who is its chairman The $4.1 billion Godrej Group, spanning from soaps and home appliances to real estate, is headed for a split between the brothers, sources aware of the matter said, citing external advice the family has sought for an amicable division… Continue reading Godrej Group headed for split of $4.1 billion business empire

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The Battle of the Parsis

Will the house that Jamsetji built with a capital of Rs 21,000 in 1868 continue to retain its values? LET’S START THIS story with the one question everyone asks. How many Parsis are there in India? The answer is likely to be anything between 50,000 and 60,000. No one knows for sure. Ask the Parsis.… Continue reading The Battle of the Parsis

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An Expert Explains: Behind the Tata-Mistry feud, the crossed wires of history

The Supreme Court has set aside a Tribunal ruling that had reinstated Cyrus Mistry as Executive Chairman of Tata Sons. Tracing the history of the Tata, Wadia and Mistry families, leading to the ongoing conflict. Written by Coomi Kapoor Ratan Tata with Cyrus Mistry, whose removal as Tata Sons Exceutive Chairman has led to a… Continue reading An Expert Explains: Behind the Tata-Mistry feud, the crossed wires of history

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Apart from the Serum Institute of India, these are all the companies the Poonawallas own

Take a gander at all the businesses the illustrious Poonawalla family owns and manages in the country and beyond The Poonawalla family is among the wealthiest Indian business clans in the world, with Dr Cyrus Poonawalla, Founder of Serum Institute of India (SII) — the world’s largest vaccine manufacturing plant that produces vaccines for measles,… Continue reading Apart from the Serum Institute of India, these are all the companies the Poonawallas own

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Tata Sons offers to buy out Shapoorji Pallonji Group’s stake in shares dispute

Tata Sons has offered to buy out Shapoorji Pallonji group‘s stake in the holding company to help the group raise money to pay its debt. The Supreme Court has also barred the Mistry group from pledging or selling any Tata shares until October 28, when it starts hearing final arguments in the case. A Tata… Continue reading Tata Sons offers to buy out Shapoorji Pallonji Group’s stake in shares dispute

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JRD Tata — the democratic capitalist

In today’s context, JRD would have approved of ‘Make in India’, but not the dilution of workers’ rights to attract foreign investors JRD Tata was chairman of Tatas, India’s largest industrial conglomerate for 51 years, from 1938 to 1989. He steered the group through several regimes hostile to Indian industry: British Raj which discouraged making in… Continue reading JRD Tata — the democratic capitalist

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