Succession Planning

Bucking the trend: India's family biz is doing so well

Notwithstanding the sagging economic situation, family businesses in India are thriving, as 74 percent of firms have witnessed growth in sales in the last fiscal, says a survey by consultancy firm PwC.

Blackstone plans succession, grooms six execs for Schwarzman's job

Even though Schwarzman has no plans to retire, the appointment of Joe Baratta, a 41-year-old dealmaker credited with building up the firm's European buyouts practice, was the latest step in a wider succession plan, Blackstone insiders said.

The Aurangzeb factor: 5 lessons from Modi-Advani tussle

Political parties need to have a process for electing leaders. This problem relates more to cadre-based parties such as BJP and CPM.

Pawar divides his turf: State for nephew, Centre for daughter

Maharashtra strongman Sharad Pawar has indicated how his nephew and daughter must carve up his legacy.