Jehangir Wadia runs Go First, Bombay Dyeing, and Bombay Realty as managing director. He serves as a Director on the Boards of Britannia Industries alongside his father, business billionaire Nusli Wadia.
The inability to share wealth and power amicably among siblings, and within families, is a universal problem. Globally, a quick transition from family-/individual-owned businesses to professional management and fear of shareholder lawsuits, especially by activist shareholders, have usually contained the problem.
Who is Jehangir Wadia: Meet Nusli Wadia's son, who is leading Go First and Bombay Dyeing; know about his lifestyle, journey, and net worth financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Meet the Wadia family: The 280-year-old family lineage that now owns Britannia, Bombay Dyeing and other brands; know about their relation to Jinnah; their businesses, and net worth financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
The low-cost carrier blamed US engine maker Pratt & Whitney for the grounding of half of its fleet, which led to reduced income and ultimately to insolvency.