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The battle for succession | Monetary Instances

The battle for succession | Monetary Instances

Finance
For many years, the rich Jains have labored as a household to run the Instances Group, certainly one of India’s oldest and largest media enterprises. Now, brothers Samir and Vineet Jain, the owner-managers of the Instances Group, which publishes The Instances of India (TOI) β€” one of many biggest-circulation English-language papers on the earth β€” are in search of a solution to divide their operations.The cut up comes after the demise in 2021 of their mom, Indu, who chaired the group till she died, aged 84. Particulars of the bust-up are fragmentary: the group, which additionally publishes the salmon-pink Financial Instances and has pursuits in radio, TV, promoting and on-line media, has declined requests for interviews.Nonetheless, media analysts and individuals who know the Jains, most ...