India | Family businesses show both sides of India's economic boom

Family businesses show both sides of India’s economic boom

While the best-run companies for shareholder value in the world were family-run entities, they were also the top bank defaulters

September 21, 2018 4:05 PM (UTC+8)
Prime Minister Narendra Modi (L), Reliance Industries CMD and Chairman of the Pandit Deendayal Petroleum University Board Mukesh Ambani (R), British Petroleum Group's Chief Executive Bob Dudley (2L) and Gujarat  state energy and petrochemicals minister Saurabh Patel (2R) during the 3rd convocation of the  Pandit Deendayal Petroleum University  in Gandhinagar. Photo: AFP/Sam Panthaky
Prime Minister Narendra Modi (L), Reliance Industries CMD and Chairman of the Pandit Deendayal Petroleum University Board Mukesh Ambani (R), British Petroleum Group's Chief Executive Bob Dudley (2L) and Gujarat state energy and petrochemicals minister Saurabh Patel (2R) during the 3rd convocation of the Pandit Deendayal Petroleum University in Gandhinagar. Photo: AFP/Sam Panthaky
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