Although 80% of Indian businesses are family-owned, only 21% have a succession plan in place. There are enough examples for today’s helmsman to draw lessons from.
The increasingly bitter feud has raised the possibility of a messy unraveling of the $18 bn British-Indian group, which employs over 150,000 people in 38 nations.
In 'Harsh Realities: The Making of Marico' entrepreneur Harsh Mariwala and management expert Ram Charan zoom in on the journey of the company - from its establishment in 1987 - to becoming a leading international FMCG giant.
In tactical terms, the shirtless protest was worse than a self-goal. Suddenly, the fiascos of the AI Summit were forgotten, and the Youth Congress’s disruption became the issue.
IAF is fine with accepting the aircraft with 'must-haves', even if some other steps remain pending, which may take at least another year, it is learnt.
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