Mumbai, Jan. 18 -- Rahul Bajaj and his three cousins- Shekhar, Madhur and Niraj-have signed an agreement that outlines how the family will jointly own group companies and establishes formal processes to deal with issues related to succession, ownership and conflict resolution. The move confers on the Bajaj group the rare distinction of being India's only large business family that has stuck together for four generations while ensuring a smooth transition for the fifth generation family members. "The whole thing has a long-term logic. We don't know what happens to our children and grandchildren. But, we know we want to be together. We are trying to see how we can strengthen our relationship," said Shekhar Bajaj, chairman of Bajaj Electricals...