Mumbai, Jan. 18 -- The reported agreement in the Bajaj Group on issues of how the family will jointly own group companies, along with a well-laid-out process for handling matters related to succession, ownership and conflict resolution (bit.ly/2QQ6C2n), is a welcome boost for the struggling Indian business family system. This historical social structuring, already fraying at the edges, has been showing signs of fracturing at the centre as well, with family feuds becoming a regular feature of the business environment. Brothers engaged in an ugly spat. A father-son duo engaged in a duel. And that's not even the full story as subterranean conflicts rise to the surface and the growth and development of companies take a back seat. These fratrici...