TVS Group s Ownership Structure Rejig Is an Important Lesson for Family-Run Businesses
In an expanded family-run corporate empire, relationship management becomes an onerous task in itself.
A model sits on a scooter at the TVS Motor company s pavilion during the Indian Auto Expo in Greater Noida, on the outskirts of New Delhi, February 6, 2014. Photo: Reuters/Adnan Abidi/File Photo
Business11/Dec/2020
In a significant step forward, the family behind the TVS Group has come together to put in place a mechanism that will help ensure that the ownership of shares in a group firm rests with the management that runs it.