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scmp - 29 days ago

Ambani, Tata, Hinduja: how India’s family-run business empires battle over their billions

India’s big industrialist families usually make the news for their billion-dollar deals and high-profile acquisitions, but every now and then they grab the headlines for an entirely different reason: the battles over their billions.Last month saw the culmination of one of India’s ugliest courtroom dramas that pitted billionaire industrialist Ratan Tata, 83, against his relative and former protégé Cyrus Mistry, the erstwhile executive chairman of the US$106 billion salt-to-software Tata group…


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