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India s hospitality industry icon PRS Oberoi no more

Prithvi Raj Singh Oberoi, the 94-year-old veteran corporate hotelier who redefined India s hospitality industry, passed away on Tuesday. The Chairman Emeritus of The Oberoi Group, popularly known as Biki , built a sprawling chain comprising 32 hotels during his lifetime. EIH owns the eponymous

BharatInc s succession story - Times of India

BharatInc s Succession Story: How India s biggest family businesses are planning a generational shift

Succession planning is still evolving in Indian companies, with some patriarchs opting not to announce a successor due to doubts about the most suitable candidate or a belief in a natural succession process. Various trends are at play, including the appointment of family members to the board, selling businesses, creating family trusts, and dividing businesses among legal heirs.

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