Thomas Schmidheiny Centre for Family Enterprise Thomas Schmidheiny Centre for Family Enterprise
  • Blogs
Previous Next

Chit Funds business in India, Women’s directorship..here’s some news from the family enterprise world

  • 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 has helped Babu build Gentleman Chit Funds, with over 25,000 trusting subscribers.
    The chit funds business in India, which goes back 120 years into the annals of history, has traditionally been the preserve of affluent families with faultless pedigree .How GeNext and new entrants are working to upgrade chit funds –https://economictimes.indiatimes.com/industry/banking/finance/how-genext-and-new-entrants-are-working-to-upgrade-chit-funds/articleshow/64741378.cms

 

  • Inheriting massive wealth is a rare privilege, but some families have managed to establish fortunes that span multiple generations.Indeed, 25 families have amassed $1.1 trillion of the world’s wealth, often with grandchildren and great-grandchildren still reaping the rewards of their industrious forefathers. Born rich: The world’s 25 wealthiest families who control $1.1 trillion in inherited money- and 11 American clans made the list – http://www.dailymail.co.uk/news/article-5893695/Born-rich-worlds-30-biggest-family-fortunes-control-1-1-trillion-inherited-wealth.html

 

  • Ecommerce delivery platform WOW Express has raised $4.5 million (about Rs 30 crore) from existing investor including, Tamarind Family Private Trust of the Mansukhani family, the co-promoters of Mirc Electronics, which owns consumer durables brand Onida. WOW Express bags Rs 30 crore from Tamarind Family Trust – https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/wow-express-bags-rs-30-crore-from-tamarind-family-trust/articleshow/64773443.cms

 

  • Creating a Family Trust and then “living” it, are both involved activities. The process of forming the Trust can influence the content of the Trust deeds. Many business families hasten to form Family and Business Trusts and begin this work prematurely, only to hit roadblocks of dysfunctionalities within the family.Soft preconditions for robust family trusts – https://www.businesstoday.in/opinion/columns/soft-preconditions-for-a-robust-family-trust/story/278659.html

 

  • Transgenerational continuity in a family business requires systematic development of entrepreneurial orientation within the family, since that is their unique contribution to the business. The business family is a powerful amniotic crucible for entrepreneurship. Family culture, values, and family role models can activate enterprise, innovativeness, achievement motivation, risk taking and persistenceThe entrepreneurial talent pipeline – highway to continuity – https://www.businesstoday.in/opinion/columns/family-business-readings-the-entrepreneurial-talent-pipeline-highway-to-continuity/story/279657.html

 

  • Promoting Good Governance – http://myimpact.impactmeasurement.co.in/impact/clip_new.php?id=e378ed90d405045ad43694bf4c393a85&id2=9c058240ef2752e73d433eb4e246e2d6
By Team - Thomas Schmidheiny Centre for Family Enterprise| 2018-12-28T04:38:38+00:00 June 29, 2018|Family Business|0 Comments

Share this story

FacebookTwitterLinkedinGoogle+

About the Author: Team - Thomas Schmidheiny Centre for Family Enterprise

avatar

Leave A Comment Cancel reply

Recent Posts

  • Family Business Updates – May 20, 2022
  • Family Business Updates – May 13, 2022
  • Family Business Updates – May 06, 2022
  • Family Business Updates – April 29, 2022
  • Family Business Updates – April 22, 2022

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
Avatars by Sterling Adventures
Copyright 2012 - 2023 ISB | All Rights Reserved