Billionaire Hinduja Brothers Call Truce on Bitter Family Feud
The rift that threatened to split up Britain’s richest family has been laid bare in London courts
Gopichand Hinduja, left, Prakash, center, and Srichand Hinduja leave a New Delhi court room in January 2001.
Source: AFP/Getty Images
The billionaire Hinduja brothers called a truce on a bitter power struggle that threatened the future of the business empire of the UK’s wealthiest family.
The brothers agreed to halt reams of litigation across Europe, ending, for now, a feud that was tearing the once tightly knit British-Indian group apart. With accusations of everything from a funding squeeze to misappropriated cash, the fight had drawn excoriating criticism from a London judge, especially over the care of the family patriarch, Srichand Hinduja — throwing open the possibility of a breakup of the ownership structures behind the century-old conglomerate.