2024.01.18 外刊双语精读 印度商业：寻求独立(1)(6).docx

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1.18每日一篇双语精读

BusinessinIndia：Seekingindependence

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Anugly?marital?feud?shakesupIndian?corporate?governance

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【1】Acommon?feature?offamilybusinessis?friction,toputit?politely,betweenrelatives.Whenthebusinessisa?multibillion-dollarconcernandthefeudscarrya?whiff?of?scandal—thinktheRedstonesat?paramount?GlobalortheBettencourtsatL’Oréal—they?spawn?bestsellers?orNetflix?documentaries.India,wherefamilyfirms?generate?an?estimated?79%ofgdp,hasnoshortageofsimilardrama.Thelatestcouldproducesomethingratherless?frivolous—better?corporate?governance.

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【2】The?dispute?inquestioninvolvesGautamSinghania,theclassic-car-loving?billionaire?chairman?ofRaymond,a?conglomerate?spanning?everythingfrommen’ssuitstocarparts,andhiswife,NawazModi,ayogateacherwithtiestoBollywoodandauthorof“Pause,Rewind:NaturalAnti-AgeingTechniques”.Thelong-simmering?spat?erupted?intotheopenafterMsModiwas?locked?outofacompanyDiwalipartybyMrSinghaniainNovemberandpostedaboutitonYouTube.Thisandother?related?videos,includingoneinwhichMsModi?alleges?herhusband?physically?abused?her,havetogether?notched?upover?1mviews.InsomeMsModigetsthesupportofherfather-in-law,VijaypatSinghania,whocreatedRaymondbeforehandingcontroltohissonin?2015?and?subsequently?beingkickedoutofthecompanyandthefamilyhome.

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【3】AlthoughMsModihasnot?filed?for?divorce,sheis?demanding?75%ofthefamily’s?49%?stake?inRaymondforherselfandthecouple’stwodaughters.Ina?statement,GautamSinghaniasaid,“Ihavechosennotto?comment?onthereportsinmediaaboutmatters?pertaining?tomypersonallifeas?maintaining?the?dignity?ofmyfamilyis?paramount?tome.”Hehasassured?employees?thatbusinesswouldgoonasusual.Investorsare?unconvinced?thatitwill.SinceSeptemberRaymond’smarketvaluehas?declined?from$1.7bnto$1.4bn,evenastheIndianmarketasawholehas?soared.

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