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Showing posts from October 9, 2025

|| 𝐂𝐇𝐄𝐍𝐍𝐀𝐈 𝐏𝐑𝐄𝐒𝐒 𝐍𝐄𝐖𝐒 - 𝐰𝐢𝐝𝐞𝐥𝐲 𝐜𝐢𝐫𝐜𝐮𝐥𝐚𝐭𝐞𝐝 𝐨𝐧𝐥𝐢𝐧𝐞 𝐧𝐞𝐰𝐬 𝐩𝐨𝐫𝐭𝐚𝐥 ||

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Family-Owned Enterprises Constitute the Backbone of India’s Economy, Contributing Over 70% of GDP: Great Lakes Report

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Chennai, October 9, 2025 – A new report by Great Lakes Institute of Management, Chennai, titled “Building Entrepreneurial Legacies: Understanding the Role of Family Offices”, reveals that family-owned businesses drive nearly 70% of India’s GDP and account for over 60% of national employment, highlighting their critical role in the country’s economy. The report was released at the Family Business Conclave 2025, jointly hosted by Great Lakes and the Madras Management Association (MMA). The event centered on the theme: “Creating Entrepreneurial Families – The Role of Family Offices.”  Youtube Video link 👇  Authored by Dr Raj Krishnan Shankar, Professor of Strategy & Entrepreneurship at Great Lakes, the study underscores how family offices are becoming essential for governance, legacy planning, and nurturing intergenerational entrepreneurship. As India’s private wealth grows, family offices are evolving into strategic hubs that blend tradition with modernity. Key findings fro...

Kauvery Hospital Alwarpet Achieves Prestigious JCI Certification, Boosting Chennai’s Medical Hub Status

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Chennai, 9th October 2025: Kauvery Hospital proudly announces that its Alwarpet unit has been awarded the prestigious Joint Commission International (JCI) 8th Edition Accreditation, following the Vadapalani unit’s achievement in January 2025. This dual recognition places Kauvery among a select group of hospitals in India with multiple JCI-accredited facilities, reinforcing its position as a leader in world-class healthcare. The JCI 8th Edition standards are among the most rigorous in global healthcare, emphasizing patient safety, clinical excellence, transparent communication, and sustainable practices. Kauvery’s compliance with over a thousand measurable elements ensures robust infection control, evidence-based care, emergency preparedness, and continuous improvement. Press meet Youtube Video link 👇  Dr. Aravindan Selvaraj, Co-Founder & Executive Director, stated: “This milestone is not just for our institution but for Chennai as a whole. With dual JCI accreditation, Kauvery ...