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India

July 10, 2014

Family office professionals are too focused on old money, despite the growth of entrepreneurial wealth, an industry professional says, as a new report reveals the world’s most entrepreneurial countries.

Family office professionals are too focused on old money, despite the growth of entrepreneurial wealth, an industry professional says, as a new report reveals the world’s most entrepreneurial countries.

The Global Entrepreneurial Report, by London-based multi family office Oracle Capital, ranked India the most entrepreneurial country in the world, followed by Turkey and the US.

February 12, 2014

H&M third-gen Karl-Johan Persson has announced the fast-fashion retailer will open its first store in India this year, following approval from the Indian government granted in late 2013.

H&M third-gen Karl-Johan Persson has announced the fast-fashion retailer will open its first store in India this year, following approval from the Indian government granted in late 2013.

In December, the Foreign Investment Promotion Board approved a 7.2 billion rupee (€85 million) investment proposal from the Swedish chain to create a wholly-owned subsidiary in the country.

December 4, 2013

Swedish family empire H&M has been granted approval from the Indian Foreign Investment Promotion Board to launch its stores in the South Asian country, the government announced on Monday.

Swedish family empire H&M has been granted approval from the Indian Foreign Investment Promotion Board to launch its stores in the South Asian country, the government announced on Monday.

The 7.2 billion rupee (€85 million) investment will allow the fast-fashion giant to create a wholly-owned subsidiary in the country, where it has previously said it plans to open 50 stores.

April 2, 2013

The Bharti Foundation’s educational programmes aimed at India’s poorest people could dramatically improve their lives,
and change attitudes towards women.
 

If there is one thing that a philanthropist wants, it’s bang for their buck. One way to increase the chances that your money does real good is to address a problem where the possibility of success is great, and it’ll be clear what success looks like.

Take, for example, literacy rates among the underprivileged in India – and especially among girls. Female literacy there is appallingly low. Nationwide, just two-thirds of women can read and write, a number that falls to just half in the north-west state of Rajasthan.

November 2, 2012

India doesn’t disappoint when it comes to family businesses – around 95% of all companies in the country are family-run. CampdenFB takes a look at some of the leading Indian family businesses in an interactive graphic.

India doesn’t disappoint when it comes to family businesses – around 95% of all companies in the country are family-run. Besides a large number of mid-size companies, India is also home to a number of giant conglomerates, including the €100 billion Tata Group and Reliance Industries.

CampdenFB takes a look at some of the leading Indian family businesses in an interactive graphic below.

August 22, 2012

Adi Godrej runs one of India’s most successful family businesses – he is also becoming one of the country’s best ambassadors for regional peace.

Adi Godrej runs one of India’s most successful family businesses – he is also becoming one of the country’s best ambassadors for regional peace.

July 4, 2012

The economic growth rates in India may be slowing, but if recent research is to be believed, there is no downturn for the very wealthy in the country.

The economic growth rates in India may be slowing, but if recent research is to be believed, there is no downturn for the very wealthy in the country.

A report released this week by the wealth management division of Kotak Group, a financial services company, and Crisil, a research agency, suggested the overall fortunes of ultra-high net worth households in India would increase five-fold by 2016/2017 – from the current 65 trillion Indian rupees (€950 billion) to 318 trillion Indian rupees.

March 23, 2012

They might be under the age of 30, but next-generation members of wealthy families in India are increasingly making big decisions about charitable giving.

They might be under the age of 30, but next-generation members of wealthy families in India are increasingly making big decisions about charitable giving.

That’s according to the 2012 India Philanthropy Report by Bain & Company, which said young high net worth Indians, often working in family businesses, are “particularly interested in increasing their philanthropic involvement”.

December 7, 2011

Diwan Rahul Nanda, head of Indian family business Topsgrup, the country’s largest security provider by revenues, has been named the Outstanding Entrepreneur of the Year at the TiE UK Annual Awards.

Diwan Rahul Nanda, head of Indian family business Topsgrup, the country’s largest security provider by revenues, has been named the Outstanding Entrepreneur of the Year at the TiE UK Annual Awards.

Organised by a division of The Indus Entrepreneurs, an organisation formed in 1992 by a group of Indian business tycoons, the awards focus on recognising entrepreneurship among Asian business stalwarts in the UK.

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