Five branches of the Burman clan, which he heads, share the wealth, the bulk of which is derived from a 68% stake in the $1.3 billion (revenue) consumer-goods firm Dabur. The company reported a rise in revenue, mainly from growing demand for its hair oils, toothpaste, packaged juices and home-care products. Dabur is developing 2 Ayurvedic drugs, for malaria and diabetes, in partnership with the Indian government.
The Burmans were among the first business families in India to segregate family and business when they handed over the management of the company to professionals in 1998. Dabur Chairman Anand Burman recollects the crucial pre-requisites for making this a success
After 114 years the Burmans decided things needed to change at their family-owned Dabur. So every Burman quit his job at the company, and the company has boomed
The biggest plus for this service would be the convenience for patients and their families
When he is not attending to his personal investments in health care ventures, Anand Burman is driving changes at Dabur India so that the 130-year-old firm does not wither with age
A walk down memory lane with the doyens of business
Sunil Duggal, CEO of Dabur, talks about his experience at the helm of a family-owned but professionally-run company, revival in consumer sentiment, and Patanjali's peripheral damage
As more and more Indian business families adopt a constitution, it is becoming clear that for the document to be effective, the manner of drafting it has to be given due importance
Dabur's chairman breaks his silence on the control battle with Religare's board of directors and says the Burman Group can provide better strategic direction as promoters of the company
How Dabur and Marico are entering into each other's territories with rival offerings