Succession

No Succession and Game of Thrones as HBO signs out from Disney+ Hotstar

Disney+ Hotstar subscribers in India will not be able to watch Home Box office (HBO) content on the platform after March 31

Lalit Modi names his son as successor beneficiary in KK Modi Family Trust

Former IPL Chairman Lalit Modi on Sunday announced his son Ruchir Modi as his successor beneficiary from his family's side in the KK Modi Family Trust with immediate effect. In a social media post, Modi who has been involved in a legal tussle against his mother Bina Modi and sister Charu over a property dispute in the family, also announced his son as the head of his branch of the family. "The present litigation with my mother and sister, is tedious, strenuous and has gone on for long, and even though there have been several rounds of discussions for settlement, there is no end in sight. It has caused and continues to cause me immense distress," he said in a statement shared on Instagram. Modi, who had earlier shared about his health condition due to COVID-19 infection and pneumonia, requiring external oxygen support in London having been flown from Mexico City, said he had discussed the matter of appointing his son as his successor with daughter Aliya. "I have discussed this with

Billionaire Hinduja brothers end family feud on pact signed in 2014

The fight among Hinduja brothers was caused because of a pact signed by them in 2014 that said that 'everything belongs to everyone and nothing belongs to anyone'

What next for Shapoorji Pallonji Group investors after Mistry's death?

Cyrus Mistry's tragic demise has shocked the business world. It comes two months after his father Pallonji Mistry's demise. So, what next for the multi-billion dollar Shapoorji Pallonji Group?

Make nomination the third route of succession

Even in an august gathering such as the one at Vigyan Bhavan, the percentage of people who had made their Will would be in the low double-digit

Up to 4th line of Hindu descendants can claim share in ancestral wealth

However, assets inherited from one's maternal grandfather are not regarded as ancestral

A casino tycoon & his 17 children are part of real-life Succession drama

To keep public conflicts largely at bay, some of the offspring have gone their own way, leaving management of the casino empire to a select few

What leadership transition means for Reliance Industries

Asia's richest man has announced a leadership transition at Reliance Industries. Ambani's children are already playing different roles in the company. Find out what this transition means for Reliance

Shriram regroups for the future with succession plan, business integration

Experts indicate that the succession plan allowing professionals to run the show will also help in this technology drive

Can biz family trusts ensure smooth succession? Answer lies with Tolstoy

As business families grow larger with the addition of sons and daughters and sons-in-law and daughters-in-law, they drift away and live in their own separate houses

Are India's super rich ring-fencing their wealth using trusts?

India's super-rich are planning to pass on the reins to the next generation by setting up management trust. Is it to avoid the succession battle or the trust route can better ring-fence their wealth?

Board of Management set up to broadbase succession: Shriram Group founder

In a Q&A, R Thyagarajan says the idea was to vest Group's ownership with a few key executives, not one individual; talks about upcoming restructuring of group firms and his mentorship role

The succession question

Management trusts have their drawbacks

Ensure smooth transfer of assets

To ensure that the nominee becomes the account's beneficial owner in the absence of a Will would require laws to be changed

What happens to investments when the holder dies without nominating anyone?

Your family could face difficulties as getting a succession certificate from the court is easier said than done

Succession planning: Will easy to make, but Trust more robust, say experts

UHNIs should make succession planning top priority

Murugappa family votes to keep Valli Arunachalam out of holding co board

Arunachalam has been battling to be recognised as her father's successor on the board

A deep dive into the SC ruling on daughter's right to ancestral property

Even in families dissolve the HUF, they may still have to give the daughter her rightful share, say experts

Successions, values and loyalties

Most organisations have identified career development paths for their star performers.

Success eludes businesses in succession

Business Standard looks at some large corporate groups and how they handled their successions