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    PATNI BOARD

    Listed realty firm Phoenix Mills Ltd appoints Parveen Mahtani as group legal head

    An alumna of Government Law College (GLC), Mumbai, Mahtani began her career at the law firm Desai & Diwanji as an associate, then joined another firm, Nishith Desai Associates. In 2005, she moved to an in-house role and joined IL&FS Trust Company Ltd. as legal head for the debt recovery division.

    Only 2.3% of wealthy family businesses are ready for succession. What’s holding them back?

    Julius Baer–EY’s Family Barometer Report 2026 shows that 65.9% of families believe the next generation is not yet ready, while emotional attachment, informal decision-making and weak family governance continue to complicate the transition. For India’s business families, the hardest part may not be transferring ownership—but preparing the family to decide what comes next.

    Wingify appoints Mehernaz Dalal as chief financial officer

    In her new role, Dalal will work closely with CEO Sparsh Gupta, the leadership team, Everstone and the board to build the financial and operating platform that will support Wingify’s next phase of global expansion while enabling the company to pursue its long-term growth and strategic priorities.

    India’s family offices prepare for $1.5 trillion wealth transfer

    India anticipates a significant intergenerational wealth transfer exceeding one trillion dollars. Family wealth is becoming more institutionalized with formal governance structures. This trend will expand the alternatives market significantly in the coming decade. India's billionaire and ultra-high-net-worth individual numbers are projected to increase. Exits and liquidity events are driving demand for wealth management services.

    Phaneesh Murthy's fast-track integration, many fear, may be skewed in favour of iGate and its investors rather than Patni.

    Nasdaq-listed IT services company iGate announced a new go-to-market brand called 'iGate Patni' with a leaner 9-member executive team.

    The Economic Times
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