Many major business houses in the country have had quarrels over property - newsgram24

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Monday, 24 September 2018

Many major business houses in the country have had quarrels over property


Many major business houses in the country have had quarrels over property. Recently the name of the Singh brothers of the Fortis Group is linked to this episode. The quarrels between Ambani, Bajaj, Thapar, Goenka, Shroff and Lodha families were settled through mutual negotiations. In all these cases, there was a collision between brothers. At the same time, the command of some companies is in the hands of the sisters, which they are running together. There have been very few reports of mutual dispute among them.

In this case, the example of Reddy sisters of Apollo Hospital can be given, where Preeta operates the hospital, Sunita handles Finance, Shobhana manages the pharmacy and Insurance Business while Sangeeta sees IT business.

Family Business experts say that while handling issues related to succession, women take great care of others' emotions. However, experts caution that the trend of making sisters as successors is more or less in the early stages.

There is another such example of Chauhan sisters-Schauna, Alisha and Nadia of Parle Agro Group. Schauna is the CEO of the company and Nadiya Joint Managing Director and CMO while Elisha is the director who looks after corporate social responsibility.
There are other many examples where the women are running the business that too with great reliability.

Pratap Reddy, founder of Apollo Hospitals, says, "Women love and sympathize with whom men can only appreciate. I have full faith that keeping love, affection and respect towards each other has strengthened my family's relations.

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