Succession

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

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

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

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

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

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?

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

Management trusts have their drawbacks

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

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

UHNIs should make succession planning top priority

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

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

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

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