Outlook Business Magazine - August 2024

In this issue

Family Feuds...
And How To Avoid Them

FAMOUS FIVE FAMILY FEUDS
A visual journey through the history of the biggest business family feuds in India. What drove siblings against each other? Find out in this tell-all

WHAT TO MAKE OF BUDGET 2024
Balance is the buzzword. The Union Budget 2024 has shown that minor electoral setbacks cannot baffle the Modi regime. Yet lessons have been learnt. The years-long outcry for jobs has finally led to some action. The aspiring and disproportionately influential middle class, however, is not entirely happy

PROTECTING THE FAMILY RICHES

Relatives falling out is bad for business. Family constitutions, settlement agreements and family trusts can smoothen wrinkles. But will they be enough to gain investor trust and ensure the survival of family enterprises in the long run?

7 mins

Transformative Growth and Innovation: Herbalife India's Path to Success

From leveraging a robust distributor network to embracing product localisation and entering the luxury Ayurvedic skincare market, Herbalife India is setting new benchmarks in the wellness industry. Ajay Khanna, Managing Director, Herbalife India in an exclusive interview with Amit Shanbaug, the Associate Editor of Outlook Business discusses the company's impressive 17% growth over the past year and the strategies driving this success.

3 mins

THE PEACEMAKER

Even within the constraints of patriarchy, women wield immense power. Once upon a time, women stopped conflicts between kingdoms at war. Now, they stop billionaire families from breaking apart in their role as chief emotional officers

6 mins

The Inspirational Journey of Saurav Lohani

BUILDING A PR POWERHOUSE

3 mins

SOFT RULES FOR BUSINESS FAMILIES

Managing a family business is complex.

4 mins

A CHARTER TO AVOID CONFLICT

India's family businesses have long been the bedrock of our economy, built on the values of hard work, prudence and commitment to long-term success.

2 mins

Lata Gullapalli: A Visionary Leader

Lata is also a sought-after speaker, particularly on the topic of mentoring women in senior leadership roles

2 mins

It is Not About Me, But About We

The Bharat Ram family has seen two splits: In 1989 and then in 1999. During the second split, Ashish and Kartik Bharat Ram decided there would be no splits on their watch. In a conversation with Ayaan Kartik and Neeraj Thakur, the two brothers talk about how they have kept the family together

4 mins

Family Business Education Key To Governance

Farhad Forbes, global chair of Family Business Network and co-chair of Forbes Marshall, talks about what family businesses must do to survive in an interview with Ayaan Kartik and Neeraj Thakur

3 mins

"Paradip Port: Setting New Benchmarks in Maritime Leadership"

Uncovering how Paradip Port emerged as India's leading major port with innovative strategies and sustainable growth initiatives.

5 mins

A FINE BALANCE

With job creation at the forefront, Union Finance Minister Nirmala Sitharaman's Budget aims to navigate BJP's electoral setback while keeping the growth momentum intact

3 mins

'NOT A BUDGET INDIA SHOULD BE HAPPY ABOUT'

It has become commonplace for business leaders in India to sing the praises of any economic policies of the Narendra Modi government—even when they are clearly wrong and misguided (like the demonetisation of November 2016).

4 mins

BALANCED MIX OF PROGRESSIVE POLICIES

The Union Budget 2024-25 is the first budget of the third consecutive term of the [Modi] government.

3 mins

A SHOT IN THE ARM FOR MSMEs

Micro-, small- and medium-enterprises (MSMEs) are a critical part of the economic backbone of India.

3 mins

'Am Not in Favour of Directly Stimulating Consumption'

India should prioritise income growth rather than directly boosting consumption, says T.V. Somanathan, Union finance secretary. In an interview with Parth Singh, he says that the Union Budget emphasises job creation and addresses existing skills gaps.

3 mins

'Challenge is Creating Better-Paying Jobs'

In a post-Budget interview, Ajay Seth, secretary, department of economic affairs, tells Parth Singh that net annual accretion to EPFO is approximately 13 million and not 8 million

2 mins

'New Tax Regime Allows for Better Financial Planning'

Simplicity and higher returns in the new tax regime would compensate for the benefits in the older one, encouraging more people to migrate going forward, Sanjay Malhotra, revenue secretary, tells Parth Singh.

2 mins

'WANT TO INVEST IN WELLNESS START-UPS'

The multifaceted performer opens up about her projects, investments and taking stand on issues

3 mins

BRIDGING THE GAP

With government funds drying up, public educational institutions are reaching out to the private sector to sponsor research. Companies are only too happy as they can outsource their R&D to competent academics

6 mins

'BUYERS OF HIGHEND PROJECTS VALUE EXCLUSIVITY'

Rising household incomes are driving the demand for residential properties in India, says Ramesh Ranganathan, chief executive, K Raheja Corp Homes, a real estate company.

1 min

Read all stories from Outlook Business

Outlook Business Magazine Description:

Outlook Business Magazine is a monthly magazine published by The Outlook Group. It was first published in 1998 and is aimed at business leaders and professionals.

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