sekar nallalu Corporate,Cryptocurrency,News Gautam Adani to Step Down, Heirs to Take over Business

Gautam Adani to Step Down, Heirs to Take over Business

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With a market capitalisation of $213 billion, the Adani Group straddles coal, ports, power, cement and airports, among others.“Succession is very, very important for the business sustainability. I left the choice to the second generation as the transition must be organic, gradual and very systematic,” Adani said.According to the report, when Adani retires his heirs said in case of a strategic call joint decision-making will kick in.But as Outlook Business August 2024 cover story shows, managing dynastic wealth is not always easy. Many Indian business families have ruptured leading to bad blood between siblings. However, some families have divvied up the wealth amicably. Read the stories here: https://www.outlookbusiness.com/the-big-story-1/lead-story-8/protecting-the-family-riches-7097

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