Digging deeper with moneycontrol: The Business Of Family - Mahindras

On these MoneyControl podcasts, every week, we have been talking to you about stories of business empires that grew around the tumult of pre-independence India and then went on to define and shape entrepreneurial dreams in modern India.

Today we bring to you the story of a company that grew along with the Indian republic and over the years has adapted to changing economic climates to become a true-blue Indian conglomerate.

We are talking about the House of Mahindras but before we get to their origins, let us share a news that you may have read recently. Anand Mahindra, the Chairman and Managing Director of Mahindra & Mahindra, said this about the impending sale of Air India, " it is time to turn a crisis into opportunity. " What he meant was that with some astute thinking, the once vibrant brand could be given a new life. He also suggested that a sale be made, but only after a turnaround and also opined that the appointment of an autonomous government official as chairman and CEO will help rejuvenate the Maharajah. "A complete insulation from political pressure" , he said was the key to this revival.