Stand alone family business boards are increasingly seeing more involvement from the women of the family. Recent government stipulations have focused on corporate gender parity, especially in directorship. Women directors at family firms face 'competence versus kinship' challenge -https://economictimes.indiatimes.com/articleshow/64741474.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst   Gentleman Babu cannot be anything but a gentleman. For over two decades, the nine-letter tag [...]

The state-of-the-art technology with international standards may make you believe the facility belongs to an MNC. In fact, it is an indigenous enterprise of the Jobanputra family, led by the young scion, Raaj Jobanputra. Meet JWL Group's Raaj Jobanputra, the gen-next scion who likes to play it cool - //economictimes.indiatimes.com/articleshow/64657679.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Family businesses are not immature businesses [...]

 Even as engineering group Kirloskars is negotiating the sale of its flagship business, the family has decided to diversify into the financial services space by launching a new non-banking financial company (NBFC), Kirloskars Capital. To read more about this venture, give the below article a read.. https://economictimes.indiatimes.com/industry/banking/finance/kirloskars-get-ready-to-diversify-into-financial-services-with-new-nbfc/articleshow/64489035.cms The Tata Group is looking at monetising income-producing [...]

Tariq Premji, the younger son of Wipro chairman Azim Premji, has been appointed to the board of Wipro Enterprises, the $1.23 billion privately held non-IT business that makes soaps such as Santoor and builds aerospace sub-systems for plane makers like Airbus and Boeing. Tariq Premji joins board of Wipro Enterprises  https://economictimes.indiatimes.com/articleshow/64501965.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Even as engineering group [...]

The latest Trend ,being followed is to recruit Outside Directors to run the family businesses, this tactic helps in freeing the business from emotional decisions, the director brings upon his unbiased approach and hence,stability.Read more about this in the link below.. Using outside directors in your family business http://www.grbj.com/articles/90739-using-outside-directors-in-your-family-business The following blog is about the [...]