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Showing posts from October, 2024

Succession Planning Critical for Family Businesses, Says Former BSE Chairman Sethurathnam Ravi

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Sethurathnam Ravi BSE , ex-Chairman, Bombay Stock Exchange, says succession planning must be given importance over Indian family businesses. Here he opines that many family-owned businesses do not have proper transitional plans, which in many cases leads to conflicts and disturbance. While succession is paramount for the carrying on of the businesses, the factors that influence the business mainly comprise issues like family structure, aspiration of the members, control over wealth, etc. Sethurathnam Ravi BSE According to S Ravi BSE , the key is to discover and groom successors early. More, it is a match in skills, aspirations, and domain knowledge with leadership abilities. Family charters, councils, and formal succession planning also form important aspects of maintaining transparency and effective management of family wealth. Listed companies add layers of complexity with corporate governance and SEBI compliance. Actually, Ravi finds that family businesses are prone to conflict ...

Vikash Yadav Charged in U.S. Conspiracy to Assassinate Khalistani Leader Gurpatwant Singh Pannun

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Vikash Yadav, or 'CC-1, is the former officer of India's Research and Analysis Wing who has been charged by the U.S. Department of Justice with conspiring to murder the Khalistani leader Gurpatwant Singh Pannun. Yadav is still at large, and this indictment fuels tensions further between India and Western powers. Background and Charges Yadav is a 39-year-old former senior field officer with R&AW and has served in the Central Reserve Police Force. He allegedly coordinated the attempt from India; Grewal believed that Nikhil Gupta, imprisoned in the U.S., had been hired to do the dirty work. According to the U.S. authorities, Yadav had shared all the necessary information about Pannun, from his New York address to other identification information that he had been sharing with Gupta. Hence, Yadav has been included in the FBI's wanted list and is charged with conspiracy to commit murder-for-hire and money laundering. Details of the Murder Plot Court records indicated that Ya...

North Korean Leader Urges Military to Consider South Korea a Hostile Adversary

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  North Korean leader Kim Jong Un instructed the military to treat South Korea as an enemy state and promised its people that his nation will retaliate if its sovereignty is infringed upon. The declaration has been made before Kim Jong Un's planned visit to the headquarters of North's 2nd Corps of the People's Army, according to state media on October 18, 2024. North Korean leader Kim Jong Un visits the 2nd Corps headquarters of the military. Constitutional Amendments and Infrastructure Demolitions Recently, North Korea amended its constitution to declare South Korea "a hostile state" and blew up several key road and rail connections that once united the two nations. Analysts see these moves as Kim's straightforward intent-to increase tensions and strengthen North Korea's hand after a diplomatic stalemate. Military Action Justification He said that any attack on South Korea would be seen as a justifiable action in response to aggression and not an attack...