India Inc's GenNext: After Mistry and Premji, it's Hiranandani

Amruda, Aishwarya and Samyukta Nair

Amruda, Aishwarya and Samyukta Nair the grand-daughters of Captain Chittarath Poovakkatt Krishnan Nair, are perfectly ready to take over the reins of one of India’s luxury hotels — Hotel Leelaventure. They entered the family business at the time when the company is going through a sturdy period, reported the Economic Times in February.

Cyrus Mistry

Salt-to-software conglomerate Tata Group last year named 43-year-old Cyrus Mistry as successor to chairman Ratan Tata, who will hang up his boots in December, 2012.

Rishad Premji

Youngsters are being groomed at various other companies as well. For instance, Rishad Premji, the son of software czar Azim Premji, became chief strategy officer at Wipro in late 2011.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Alok Kirloskar and Shravin Mittal 

Similar instances of young blood taking on a leadership role were reflected in the cases of Alok Kirloskar at Kirloskar group and Shravin Mittal (son of Sunil Mittal) at Bharti Airtel, who is serving as senior executive at a group company.