Succession Planning and the Transforming Landscape of India’s Family-Owned Businesses
India, as home to the world's third-largest number of public-listed family businesses, stands on the brink of a significant transformation in its corporate landscape.
Failure of India Inc.’s Succession Planning
With significant turnover among C-suite executives and a surge in top talent mobility, India Inc. is battling to secure succession.
In a generational change, Shashwat Goenka appointed chairman of Spencer’s Retail
Effective May 23, the board of Spencer's Retail, a multi-format retailer under the RP-Sanjiv Goenka Group, has appointed ShashwatGoenka as the chairman of the company.
AM Naik to Step down from L&T after 58 years of service
Anil Manibhai Naik, the legendary chairman of Larsen & Toubro (L&T), is stepping down as non-executive chairman after 58 years of association with the company. Naik is credited for overseeing the growth of L&T over several decades and stablished as India’s biggest infrastructure firm.
