The Rs 2,500-crore Chowgule Group announced a split on Thursday, with businesses being divided between siblings Vijay and Padma, the third generation of the Goa-based family. After months of dissonance where the young family members had shown discomfort at business affairs in the over-a-century-old, reticent group, the family arrived at an amicable settlement of businesses on Wednesday in a meeting, a source told PTI. As part of the settlement, termed as a group "restructuring" exercise, Padma Chowgule will get control of the mining, pellets, salt, shipbuilding and educational institutes, according to an official statement.
It was amazing to see how he used to hoodwink batsmen with subtle changes in flight, loop and deliver his doomsday ball -- the dangerous armer.
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