The family that owns India’s most widely read daily is facing internal strife. At stake is the very stability of the legacy publisher.
Ayush TiwariSubscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
Limited time offer $125 $99 for 1 year
So far it seems unlikely that the billionaire’s two children are interested in the business. The lack of a clear succession plan brings even greater urgency to Vedanta’s restructuring exercise.
Appointing the three children to Reliance’s board is all very well, but deciding on a successor to Mukesh Ambani won’t be easy as the group’s key businesses are in different stages of growth.
Hindutva vigilantes, local journalists and politicians pushed a social media rumour steeped in the right-wing conspiracy theory, forcing several Muslim traders out of Uttarkashi district.