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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The exit of younger son Jeh has left a void, both in the family and the business. The patriarch now has to limit the damage to the over two centuries old group.
Editor's note: To the outside world it looked like Nusli Wadia, who turned 77 in February, had settled the handover of the family legacy to his two sons: Ness Nusli Wadia and Jehangir Nusli Wadia. There were two parts to the inheritance. One was the Wadia Group, which housed the family business that traced its roots back to over two centuries. Both Ness and Jehangir—or Jeh as he was referred to—were on the boards of most of the group companies. But there was a difference. While Ness had donned executive roles, including at Bombay Dyeing, it was clear that younger brother Jeh was more inclined to take on an active role in the daily operations. So Jeh, who also creditably built a small but profitable aviation business in GoAir, looked set to take over the family’s business responsibilities from his father whenever the transition happened. Apart from business, Nusli is as passionate (or even more) about philanthropy. Unlike the Tatas, whose trusts’ charity work is feted worldwide, the Wadia family’s philanthropy is little known outside the Parsi community. Not that it mattered …
The exit of younger son Jeh has left a void, both in the family and the business. The patriarch now has to limit the damage to the over two centuries old group.
Editor's note: To the outside world it looked like Nusli Wadia, who turned 77 in February, had settled the handover of the family legacy to his two sons: Ness Nusli Wadia and Jehangir Nusli Wadia. There were two parts to the inheritance. One was the Wadia Group, which housed the family business that traced its roots back to over two centuries. Both Ness and Jehangir—or Jeh as he was referred to—were on the boards of most of the group companies. But there was a difference. While Ness had donned executive roles, including at Bombay Dyeing, it was clear that younger brother Jeh was more inclined to take on an active role in the daily operations. So Jeh, who also creditably built a small but profitable aviation business in GoAir, looked set to take over the family’s business responsibilities from his father whenever the transition happened. Apart from business, Nusli is as passionate (or even more) about philanthropy. Unlike the Tatas, whose trusts’ charity work is feted worldwide, the Wadia family’s philanthropy is little known outside the Parsi community. Not that it mattered …
FY26 numbers show that Airtel is stealing a march on its larger rival on most counts and is unrelenting in its ambition, casting a cloud on Jio’s valuation.
Telecom and retail both continue with their ‘hit and miss’, while O2C delivers an unsurprisingly poor performance in Q4. This is a year RIL will be glad to see the back of.
Telecom and retail, which account for half the conglomerate’s revenue and most of its valuation, aren’t accelerating fast enough to justify their price tags.
FY26 numbers show that Airtel is stealing a march on its larger rival on most counts and is unrelenting in its ambition, casting a cloud on Jio’s valuation.
Telecom and retail both continue with their ‘hit and miss’, while O2C delivers an unsurprisingly poor performance in Q4. This is a year RIL will be glad to see the back of.
Telecom and retail, which account for half the conglomerate’s revenue and most of its valuation, aren’t accelerating fast enough to justify their price tags.
