How an ugly marital feud could change Indian business
Independent directors could become less toothless
A COMMON FEATURE of family business is friction, to put it politely, between relatives. When the business is a multibillion-dollar concern and the feuds carry a whiff of scandal—think the Redstones at Paramount Global or the Bettencourts at L’Oréal—they spawn bestsellers or Netflix documentaries. India, where family firms generate an estimated 79% of GDP, has no shortage of similar drama. The latest could produce something rather less frivolous—better corporate governance.
Explore more
This article appeared in the Business section of the print edition under the headline “Seeking independence”
From the December 23rd 2023 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Business
TikTok’s time is up. Can Donald Trump save it?
The imperilled app hopes for help from an old foe
The UFC, Dana White and the rise of bloodsport entertainment
There is more to the mixed-marital-arts impresario than his friendship with Donald Trump
Will Elon Musk scrap his plan to invest in a gigafactory in Mexico?
Donald Trump’s return to the White House may have changed Tesla’s plans
Germany is going nuts for Dubai chocolate
Will the hype last?
The year ahead: a message from the CEO
From the desk of Stew Pidd
One of the biggest energy IPOs in a decade could be around the corner
Venture Global, a large American gas exporter, is going public