Succession plans save business and family4 min read . Updated: 29 Aug 2017, 08:18 AM IST
When a business grows, the family grows, and especially when both grow; their continuity demands that assets and incomes be demarcated in a planned manner
Earlier in August, there were several reports about how the industrialist Vijyapat Singhania— who led Raymond Ltd to become one of India’s most popular textile brands, before handing over reins to his son Gautam Singhania—is now left with little money; and the one to blame for his state is, allegedly, his son.
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