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
Even as engineering group Kirloskar 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), Kirloskar Capital.
Kirloskars get ready to diversify into financial services with new NBFC
Walmart India is planning to scale up its kirana store programme called Mera Kirana that helps small family-owned grocery stores modernise, while also opening a new fulfilment centre as part of a pilot run in a bid to expand its cash-and-carry footprint at a faster clip.
After Flipkart deal, Walmart India looks to scale up kirana store business
Farhad Forbes elected global chairman of Family Business International