Professor Kavil Ramachandran is Thomas Schmidheiny Chair Professor of Family Business and Wealth Management at the Indian School of Business, Hyderabad
Merck had been able to continually anticipate changes in the macro-environment and adapt itself
A trio of international family business academics reveal how a modest German pharmacy has evolved into a successful 12-generation dynasty complete with its own family university
Jamnalal Bajaj, founder of The Bajaj Group, was a close confidant and disciple of Mahatma Gandhi. The family is known for the major contributions it made during India’s independence movement as well as industrialisation. Unfortunately, the family is also known for infighting over ownership and control of different businesses, writes Kavil Ramachandran
Ownership restructuring seems to be the current buzzword with several prominent Indian business families, however over fragmentation of family companies can do more harm than good, warns Kavil Ramachandran
Two Indian family businesses agreed last week one would acquire part of the other. The timing proved perfect for both Wockhardt and Fortis as each was facing growth-related difficulties, however other businesses should not take such risks, cautions Professor Kavil Ramachandran
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