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Year 2024: What Lies Ahead For India's Leading Family-Owned Conglomerates

Year 2024: What Lies Ahead For India's Leading Family-Owned Conglomerates
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

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Murugappa Group: Felicitous Finish to a Family Feud!

An announcement on 27 November 2023 by Carborundum Universal Ltd, a constituent of the Murugappa group, most likely signals the finale to the family strife which saw two of the female members of the family seek an equal right to occupy the position of directors that the male family members are entitled to. ....

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The Indian Banking Sector In The UK Witnesses Dramatic Changes

The Indian Banking Sector In The UK Witnesses Dramatic Changes
openthemagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from openthemagazine.com Daily Mail and Mail on Sunday newspapers.

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Murugappa family completes family arrangement with Valli Arunachalam; latter to withdraw legal proceedings

Valli, daughter of the late M V Murugappan, former head of Carborundum Universal Ltd, wanted a board seat in Ambadi Investments Ltd (AIL), the holding company of the group, or the family members to buy out the 8.15 percent stake held by herself and her sister in AIL. ....

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Murugappa family completes the family arrangement with the family branch of late M V Murugappan

The Murugappa family has announced the successful completion of a family arrangement, resolving the longstanding issues with the family branch of the late MV Murugappan. Legal proceedings between the family groups will be withdrawn, and pending formalities will be settled in the coming days. Notably, the family arrangement does not impact the management or control of any listed companies within the Murugappa Group. ....

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