Wedding bells @Indian corporates: Makes more biz sense?

By siliconindia   |   Wednesday, 11 August 2010, 14:53 IST   |    2 Comments
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Wedding bells @Indian corporates: Makes more biz sense?
Bangalore: Successful businessmen like their children to marry children of other successful businessmen and that is how courtships are going these days. Whatever their motivation - love or plain economic rationale - tend to get their offspring wedded within the larger community of successful businessmen has become a trend. At least three such knots have been tied in the past nine months, reports Sabarinath M & Kala Vijayraghavan from The Economic Times. The marriage between Infosys Founder Narayana Murthy's son Rohan Murthy and Lakshmi Venu, daughter of TVS Motor Chairman and Managing Director Venu Srinivasan, it was just a slightly new twirl to the old, intoxicating cocktail of business and love. Kishore Biyani's daughter Ashni Biyani got married to Vedanta Group head Anil Agarwal's nephew Viraj Didwania last December. Viraj and Ashni continue to pursue the business interests of their respective families independently. (That is pretty much what Venu Srinivasan and Mallika Srinivasan, daughter of the Amalgamations Group chairman Sivasailam, did when they exchanged vows in 1982.) Sajjan Jindal's daughter Tanvi Jindal and Radhakrishna Group MD Raju Shete's son Krishna Shete got married two months ago. They opted for an exotic wedding - going to Florence in Italy to tie the knot. Venugopal Dhoot's nephew, Saurabh, married Radhika Singhal, daughter of Sanjay Singhal, Chairman of Bhushan Power and Steel, in March 2010. Does cupid have a role at all, or is it just good business sense? Or, are such weddings simple coincidences, because business families do tend to socialize in the same circuits? "The business community is also a very large and strong community, similar to the linguistic, caste and religious communities. And just as people feel comfortable in their respective communities, business communities, too, feel comfortable within their own circles. People know each other and also derive power out of each other," says India's largest retailer, Kishore Biyani, CEO of Future Group.