11 February 2019

The Pedigree of Money

M Rajendran, Aparajita Gupta, Yagnesh Kansara
Growing wealth is an art. All of us claim to know it, but to grow others’ money while they are sleeping, needs passion first, business later. Many do this for living, but few do it so well that they inspire their family to join the same trade. Fundamentals get passed on to the next generation, but not innovation and ideation. They grow with each generation to keep the business running and flourishing. These family-run financial businesses have not only succeeded in fortifying citadels of finance but eventually, have helped shape the Indian capital markets. The pleasure of growing wealth is infectious among these families. Eventually, this passion was passed on to the next generation, not as an obvious choice but as an option.   Prabhudas Lilladher Prabhudas Lilladher was registered as a partnership stock broking firm in 1944 and provided equity arbitrage and stock broking...
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