Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Arijit Barman

India Inc’s Promoter Raj has run its course. Time to rewrite the succession script

Corporate India's revolving doors have swung open with a raft of recent resignations and departures involving some of the most recognisable CEO faces. The high-profile exits even include new-age tech and digital disruptors like Meta, as well as some of the most storied business houses like Tata, Godrej, Kotak, HDFC Bank and IndiGo.

Some of these transitions have been cordial, thought through and orderly handovers. The warring, controversial and morale-sapping ones, though, are undermining some of the trusted brands, managerial bench strength and governance gold standards. Conglomerates that have been cash spigots, or capillaries of growth, are fast getting entangled in trouble spots.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.