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Year 2024: What Lies Ahead For India's Leading Family-Owned Conglomerates

Year 2024: What Lies Ahead For India's Leading Family-Owned Conglomerates
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

Ahmedabad , Gujarat , India , Dharavi , Maharashtra , Singapore , Saudi-arabia , Bombay , China , Sri-lanka , South-korea , New-delhi

Murugappa Group: Felicitous Finish to a Family Feud!

An announcement on 27 November 2023 by Carborundum Universal Ltd, a constituent of the Murugappa group, most likely signals the finale to the family strife which saw two of the female members of the family seek an equal right to occupy the position of directors that the male family members are entitled to.

Hyderabad , Andhra-pradesh , India , Coromandel , India-general- , Chennai , Tamil-nadu , Vellachi-murugappan , Valli-arunachalam , Parry-india-ltd , Coromandel-international , Partner-in-ernst-young

The Indian Banking Sector In The UK Witnesses Dramatic Changes

The Indian Banking Sector In The UK Witnesses Dramatic Changes
openthemagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from openthemagazine.com Daily Mail and Mail on Sunday newspapers.

United-kingdom , Bandra , Maharashtra , India , Bengaluru , Karnataka , South-africa , Tiruvannamalai , Tamil-nadu , Odisha , Orissa , Kolkata

Murugappa family completes the family arrangement with the family branch of late M V Murugappan

The Murugappa family has announced the successful completion of a family arrangement, resolving the longstanding issues with the family branch of the late MV Murugappan. Legal proceedings between the family groups will be withdrawn, and pending formalities will be settled in the coming days. Notably, the family arrangement does not impact the management or control of any listed companies within the Murugappa Group.

India , Coromandel , India-general- , Lucknow , Uttar-pradesh , Valli-arunachalam , Valli-murugappan , Coromandel-engineering-company , Coromandel-international , Industrial-solutions , Murugappa-group , Kartik-investments

Murugappa family ends dispute with Valli Arunachalam

The communique, which did not reveal the terms of the agreement, said this will also bring to a close legal challenges including that mounted by family scion Valli Arunachalam following the death of her father and group patriarch MV Murugappan in 2017.

Coromandel , India-general- , India , Chennai , Tamil-nadu , Vellachi-murugappan , Ashish-kumar-singh , Valli-arunachalam , Industrial-solutions , Murugappa-group , Cholamandalam-financial-holdings , Public-companies

Murugappa Family Ends Dispute with Valli Arunachalam

The Murugappa family, owners of the ₹74,000 crore industrial group with companies including Tube Investments of India and Carborundum Universal, said its members have agreed to “amicably” settle disputes and differences within its promoter group and would “undertake the necessary transactions to effect the family arrangement within the next 90 days,” in a joint statement on Sunday.

India , Coromandel , India-general- , Ashish-kumar-singh , Vellachi-murugappan , Valli-arunachalam , Coromandel-engineering-company , Kartik-investments , Cholamandalam-financial-holdings , Murugappa-group , Coromandel-international , Industrial-solutions

Dispute Settled: Two Warring Factions Of One Of Oldest Business Families Amicably Resolve Differences

Murugappans eldest daughter, US-based Valli Arunachalam, demanded a board seat in the group’s holding company Ambadi Investments based on the family’s shareholding. The other members of the Murugappa family rejected her demand.

India , Chennai , Tamil-nadu , Vellachi-murugappan , Valli-arunachalam , Murugappa-group , Ambadi-investments , Murugappan-group , Urugappan , Urugappan-family-dispute , Urugappan-family-dispute-over ,

Memorandum of settlement | Murugappa family pact ends fued between Valli Arunachalam, rest of kin

The statement was silent on whether Valli Arunachalam will be given a board seat in the holding company or the combined 8.15 per cent stake held by the sisters and their mother will be bought at a 'fair price'

India , Coromandel , India-general- , Valli-arunachalam , Murugappa-group , Carborundum-universal-ltd , Ambadi-investments-ltd , Tube-investments-of-india-ltd , Parry-india-ltd , Company-ltd , Coromandel-engineering-company-ltd , Coromandel-international-ltd

Murugappa Group Family Members Settle Their Dispute

Patching up their differences, the two warring factions of one of the oldest business families in India – the Murugappas- said the disputes and the differences are being amicably settled.

India , Coromandel , India-general- , Vellachi-murugappan , Valli-arunachalam , Wendt-india-ltd , Murugappa-group , Coromandel-international-ltd , Parry-india-ltd , Tube-investments-of-india-ltd , Co-ltd , Carborundum-universal-ltd

Murugappa family ends disputes with ex-chairman's daughter Valli Arunachalam

Valli Arunachalam, daughter of late MV Murugappan had been fighting for a seat in the board of Ambadi Investments, the holding company of Murugappa Group.

Hindustan , India-general- , India , Coromandel , Valli-arunachalam , Shanthi-gears-ltd , Coromandel-engineering-company , Murugappa-group , Industrial-solutions , Coromandel-international , Parry-agro-industries , Cholamandalam-financial-holdings