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Family Feud: Two Cousins Run an Iconic Jewelry Business While Competing Against Each Other

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It’s a complicated relationship.

Cousins Sid and Samir Kasliwal are the heirs to the Gem Palace, “India’s most glamorous jewelry business” that was started by their fathers and today has boutiques around the world, as New York Magazine writes. But despite being blood-related business partners, their working relationship is a complicated one that a longtime friend of the Kasliwal family described to NYM as “a movie, a soap opera, Bollywood.”

The article says each cousin has his own ideas about how to run the Gem Palace and “seem barely on speaking terms,” but that’s just one layer of their complex working dynamic. They also run competing jewelry shops in New York that were opened outside of the Gem Palace business. This prompts industry observers to wonder: Can the two co-owners successfully carry on their fathers’ legacies in spite of their dysfunctional relationship?

Read more at New York Magazine

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