Hinduja brothers call truce on family feud
The Times of India Mumbai|November 12, 2022
The billionaire Hinduja brothers called a truce on a bitter power struggle that threatened the future of the business empire of the UK’s wealthiest family.
Hinduja brothers call truce on family feud

The brothers agreed to halt reams of litigation across Europe, ending, for now, a feud that was tearing the once tightly knit British-Indian group apart. With accusations of everything from a funding squeeze to misappropriated cash, the fight had drawn excoriating criticism from a London judge, especially over the care of the family patriarch, Srichand Hinduja — throwing open the possibility of a breakup of the ownership structures behind the century-old conglomerate.

SP, as the 86-year-old is known, suffers from dementia, and the court was told that the family’s dispute went so deep that he was days away from being transferred to a government-run NHS hospital.

This story is from the November 12, 2022 edition of The Times of India Mumbai.

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This story is from the November 12, 2022 edition of The Times of India Mumbai.

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