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So far Team - Thomas Schmidheiny Centre for Family Enterprise has created 487 blog entries.

Family Business Updates – May 20, 2022
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By | May 20, 2022|Family Business|

Abu Dhabi's IHC invests Rs 15,400 crore in Adani group firms -  https://economictimes.indiatimes.com/industry/renewables/abu-dhabis-ihc-invests-rs-15400-crore-in-adani-group-firms/articleshow/91616109.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst From top to bottom, Reliance Retail plans big beauty & cosmetics foray - https://economictimes.indiatimes.com/industry/services/retail/from-top-to-bottom-reliance-retail-plans-big-beauty-cosmetics-foray/articleshow/91604183.cms TVS Motor Company to divest entire stake in Intellicar Telematics - https://www.business-standard.com/article/news-cm/tvs-motor-company-to-divest-entire-stake-in-intellicar-telematics-122051701284_1.html Murugappa Group’s Tube Investments charts entry into new business [...]

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Family Business Updates – May 13, 2022
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By | May 13, 2022|Family Business|

JSW Group's Sajjan Jindal bets $4.5 bn of his wealth on Ambuja Cements https://www.business-standard.com/article/companies/jsw-offers-7-bn-to-swiss-cement-major-holcim-for-ambuja-cements-acc-122051000205_1.html Coromandel International acquires 45% stake in Senegal-based BMCC for Rs 225 cr https://www.business-standard.com/article/news-cm/coromandel-international-acquires-45-stake-in-senegal-based-bmcc-for-rs-225-cr-122050700591_1.html Novelis to invest $2.5 bn in US in Birla Group's biggest greenfield project https://www.business-standard.com/article/companies/novelis-to-invest-2-5-bn-in-us-in-birla-group-s-biggest-greenfield-project-122051100874_1.html Wipro renews IT transformation [...]

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Family Business Updates – May 06, 2022
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By | May 6, 2022|Family Business|

Adani Wilmar acquires Kohinoor rice brand in India to strengthen position https://www.business-standard.com/article/companies/adani-wilmar-acquires-kohinoor-brand-in-india-region-to-strengthen-position-122050300200_1.html Aurobindo Pharma gets USFDA nod to market generic cancer drug Bortezomib https://www.business-standard.com/article/companies/aurobindo-pharma-gets-usfda-nod-to-market-generic-cancer-drug-bortezomib-122050400411_1.html Dalmia Bharat, FLSmidth partner to develop more sustainability solutions https://www.indiablooms.com/finance-details/16015/dalmia-bharat-flsmidth-partner-to-develop-more-sustainability-solutions.html Airtel, Apollo Hospitals, and Cisco team up to showcase how 5G [...]

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Family Business Updates – April 29, 2022
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By | April 29, 2022|Family Business|

Wipro to acquire SAP Consulting firm Rizing for $540 million https://economictimes.indiatimes.com/tech/information-tech/wipro-to-acquire-rizing-for-about-540-million/articleshow/91103364.cms Burman family of Dabur acquires 0.28% in Eveready Industries India Ltd https://economictimes.indiatimes.com/industry/cons-products/fmcg/burman-family-of-dabur-acquires-0-28-in-eveready-industries-india-ltd/articleshow/91082540.cms Reliance, Apollo Global plan joint bid for Walgreens' Boots biz https://www.business-standard.com/article/companies/reliance-apollo-global-plan-joint-bid-for-walgreens-boots-biz-report-122042701307_1.html Adani in talks to buy Holcim’s cement ops https://timesofindia.indiatimes.com/city/mumbai/adani-in-talks-to-buy-holcims-cement-ops/articleshow/91110747.cms Cyient to [...]

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Family Business Updates – April 22, 2022
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By | April 22, 2022|Family Business|

Tata Consultancy Services head doubles down on $50-bn revenue target https://www.business-standard.com/article/companies/tata-consultancy-services-head-doubles-down-on-50-bn-revenue-target-122042001487_1.html Adani Group commits to invest Rs 10,000cr in Bengal https://economictimes.indiatimes.com/news/india/adani-group-commits-to-invest-rs-10000cr-in-bengal/articleshow/90957145.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst UltraTech invests $101.1 mn in UAE-based RAKWCT, acquires 29.39% share https://www.business-standard.com/article/companies/ultratech-invests-101-1-mn-in-uae-based-rakwct-acquires-29-39-share-122041500915_1.html JSW Group to develop 900 MW hydel, rolling mill projects in Bengal https://m.economictimes.com/industry/indl-goods/svs/steel/jsw-group-to-develop-900-mw-hydel-rolling-mill-projects-in-bengal/articleshow/90963586.cms [...]

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Family Business Updates – April 18, 2022
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By | April 18, 2022|Family Business|

Godrej Industries announces launch of Godrej Capital, to invest ₹1500 cr https://www.livemint.com/companies/news/godrej-industries-announces-the-launch-of-financial-services-arm-godrej-capital-11649661249849.htm   Tata Neu clocks over one million sign-ups and downloads within days of launch, to unveil improved app https://www.moneycontrol.com/news/business/tata-neu-clocks-over-one-million-sign-ups-and-downloads-within-days-of-launch-to-unveil-improved-app-8356401.html Reliance Industries studying possible bid for Walgreens Boots chain https://www.business-standard.com/article/companies/reliance-industries-studying-possible-bid-for-walgreens-boots-chain-122041400153_1.html UltraTech Cement emerges preferred [...]

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Family Business Updates – April 08, 2022
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By | April 8, 2022|Family Business|

JSW Infra enters container cargo biz; eyes 2 more terminals for Rs 1,400 cr https://www.business-standard.com/article/companies/jsw-infra-enters-container-cargo-biz-eyes-2-more-terminals-for-rs-1-400-cr-122040601101_1.html Godrej Properties launches project in Kandivali, expects sales revenue of Rs 1,000 crore https://www.moneycontrol.com/news/business/real-estate/godrej-properties-launches-project-in-kandivali-expects-sales-revenue-of-rs-1000-crore-8328131.html TCS inks 'material multi-year contract' with US company https://www.livemint.com/companies/news/tcs-inks-material-multi-year-contract-with-us-company-read-here-11649116546212.html Dabur’s Burmans Set to Take Over Eveready [...]

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Family Business Updates – April 01, 2022
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By | April 1, 2022|Family Business|

Aurobindo Pharma buys Veritaz for Rs 171 crore to enter domestic formulation business  https://m.economictimes.com/industry/healthcare/biotech/pharmaceuticals/aurobindo-pharma-acquires-veritaz-formulation-biz-for-rs-171-crore/articleshow/90500872.cms Apollo Hospitals buys mall on OMR for Rs 170 crore https://timesofindia.indiatimes.com/city/chennai/chennai-apollo-hospitals-buys-mall-on-omr-for-rs-170-crore/articleshow/90506264.cms Tata's Tejas Networks announces acquisition of semiconductor firm Saankhya Labs https://www.timesnownews.com/business-economy/companies/tatas-tejas-networks-announces-acquisition-of-semiconductor-firm-saankhya-labs-article-90558185 Godrej Properties inks multiple land deals to expand housing [...]

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Family Business Updates – March 25, 2022
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By | March 25, 2022|Family Business|

Godrej Agrovet invests Rs 25 cr in Godrej Maxxmilk https://www.business-standard.com/article/news-cm/godrej-agrovet-invests-rs-25-cr-in-godrej-maxxmilk-122032301182_1.html HCL Tech partners NEORIS to deliver integrated IT services https://www.livemint.com/companies/news/hcl-tech-partners-neoris-to-deliver-integrated-it-services-11648033163683.html Tata Power set to gain from rising coal prices; JSW Energy, Torrent may lose: JM Financial https://www.moneycontrol.com/news/business/stocks/tata-power-set-to-gain-from-rising-coal-prices-jsw-energy-torrent-may-lose-jm-financial-8257521.html How Adani Wilmar Became India’s Second-largest FMCG Firm [...]

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Family Business Updates – March 17, 2022
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By | March 17, 2022|Family Business|

Tata Sons appoints N Chandrasekaran as chairman of Air India https://www.indiatoday.in/business/story/tata-sons-appoints-n-chandrasekaran-chairman-air-india-1925226-2022-03-14 Reliance acquires Lithium Werks to scale up battery manufacturing in India https://www.fortuneindia.com/enterprise/reliance-acquires-lithium-werks-to-scale-up-battery-manufacturing-in-india/107457 Godrej Properties forays into Sonipat in Haryana https://www.livemint.com/industry/infrastructure/godrej-properties-forays-into-sonipat-in-haryana-11647317019653.html Welspun One Logistics Parks signs MoU with the Government of Haryana; to invest Rs [...]

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Family Business Updates – March 11, 2022
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By | March 11, 2022|Family Business|

Dr Reddy's, Biocon among 6 drug companies in race for Curatio https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/dr-reddys-biocon-among-6-drug-companies-in-race-for-curatio/articleshow/90037893.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Dalmia Bharat consolidates its India refractory businesses under single entity https://www.livemint.com/companies/news/dalmia-bharat-consolidates-its-india-refractory-businesses-under-single-entity-11646206450603.html Global, Indian peers may take a cue from TCS rejig https://economictimes.indiatimes.com/tech/information-tech/tcss-restructure-model-could-be-replicated-by-other-global-and-indian-peers-say-analysts/articleshow/90085015.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Mukesh Ambani-led Reliance Industries stepping in to supply diesel - strayed [...]

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Family Business Updates – March 04, 2022
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By | March 4, 2022|Family Business|

Burman family makes open offer to buy 26% additional stake in Eveready  https://www.moneycontrol.com/news/business/earnings/burman-family-makes-open-offer-to-buy-26-additional-stake-in-eveready-8175391.html TCS to unveil new operational structure with four distinct business groups  https://economictimes.indiatimes.com/tech/information-tech/tcs-to-unveil-new-operational-structure-with-four-distinct-business-groups/articleshow/89906359.cms India’s biggest biscuit maker Britannia has appetite for acquisitions  https://amp.ft.com/content/4695a105-3d04-49df-9f76-24413fcf1752 The $8.5 billion TVS Group splits to grow: What changed [...]

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Family Business Updates – February 25, 2022
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By | February 25, 2022|Family Business|

Godrej Agrovet to focus on specialty chemicals in crop protection https://www.financialexpress.com/industry/godrej-agrovet-to-focus-on-specialty-chemicals-in-crop-protection/2442099/ TVS Motor clocks 1 million exports in two wheeler segment in FY21-22 https://economictimes.indiatimes.com/industry/auto/two-wheelers-three-wheelers/tvs-motor-clocks-1-million-exports-in-two-wheeler-segment-in-fy21-22/articleshow/89772256.cms Dabur ties-up with IndianOil to sell products through Indane LPG distributors https://www.financialexpress.com/industry/consumers-can-now-buy-dabur-products-from-indane-lpg-distributors-as-fmcg-firm-ties-up-with-indianoil/2442934/ Hero MotoCorp, BPCL tie up to set up charging [...]

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Family Business Updates – February 18, 2022
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By | February 18, 2022|Family Business|

Godrej Properties plans Rs 7,500-cr investment in next 12-18 months https://www.business-standard.com/article/companies/godrej-properties-plans-rs-7-500-cr-investment-in-next-12-18-months-122021400048_1.html Tatas will make Air India financially fit, technologically most advanced global airline, says Chandrasekaran https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/tatas-will-make-air-india-financially-fit-technologically-most-advanced-global-airline-says-chandrasekaran/articleshow/89621410.cms Dabur becomes first Indian plastic waste neutral’ FMCG company in India https://economictimes.indiatimes.com/industry/cons-products/fmcg/dabur-becomes-first-indian-plastic-waste-neutral-fmcg-company-in-india/articleshow/89563079.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Murugappa Group’s clean mobility biz to focus [...]

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Family Business Updates – February 11, 2022
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By | February 11, 2022|Family Business|

Tata Consultancy Services bags electronic passport mandate from MEA https://www.business-standard.com/article/companies/tata-consultancy-services-bags-electronic-passport-mandate-from-mea-122020800007_1.html JSW Group joins World Business Council for Sustainable Development https://economictimes.indiatimes.com/news/company/corporate-trends/jsw-group-joins-world-business-council-for-sustainable-development/articleshow/89404607.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Cipla to acquire 32.49% stake in AMP Energy Green Eleven for Rs 7.50 cr https://www.business-standard.com/article/news-cm/cipla-to-acquire-32-49-stake-in-amp-energy-green-eleven-for-rs-7-50-cr-122020700717_1.html   Apollo, Adani Foundations join hands for a healthcare initiative [...]

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Family Business Update, Febraury 4, 2022
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By | February 4, 2022|Family Business|

Dr Reddy's Lab inks pact to acquire Nimbus Health https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/dr-reddys-lab-inks-pact-to-acquire-nimbus-health/articleshow/89324230.cms Godrej Properties to invest Rs400 crore in DB Realty https://www.livemint.com/companies/news/godrej-properties-to-invest-rs400-crore-in-db-realty-for-10-stake-set-up-jv-for-redevelopment-projects-11643898292572.html Titan quarterly net profit zooms 91% to Rs 1,004 crores https://www.business-standard.com/article/companies/titan-q3-net-zooms-91-to-rs-1-004-cr-revenue-up-37-on-robust-demand-122020301039_1.html Marico Ltd announces plans to achieve net-zero emissions in global operations by 2040 https://economictimes.indiatimes.com/industry/cons-products/fmcg/marico-ltd-announces-plans-to-achieve-net-zero-emissions-in-global-operations-by-2040/articleshow/89328060.cms [...]

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Family Business Updates – January 28, 2022
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By | January 28, 2022|Family Business|

Tube Investments To Acquire 70% Stake In Cellestial E-Mobility https://www.moneycontrol.com/news/business/tube-investments-to-acquire-70-stake-in-cellestial-e-mobility-7976441.html Hero MotoCorp to invest upto Rs 700 cr in Hero FinCorp https://www.businesstoday.in/latest/corporate/story/hero-motocorp-to-invest-upto-rs-700-cr-in-hero-fincorp-320212-2022-01-25   Reliance Jio-bp starts India’s largest EV charging hubs https://www.livemint.com/auto-news/relaince-jio-bp-starts-india-s-largest-ev-charging-hubs-here-read-more-11643200686046.html   TCS world's second most valuable IT brand https://www.business-standard.com/article/companies/tcs-world-s-second-most-valuable-it-brand-infosys-fastest-growing-report-122012600486_1.html   Padma Bhushan awarded [...]

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Family Business Updates – January 21, 2022
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By | January 21, 2022|Family Business|

Reliance buys New York luxury hotel, Mandarin Oriental, for $98.15 mn https://www.hindustantimes.com/business/reliance-buys-luxury-hotel-mandarin-oriental-in-new-york-for-98-15-mn-101641703522448.html Tata Group becomes the IPL title sponsor from this year https://www.business-standard.com/article/pti-stories/tata-group-to-replace-vivo-as-ipl-title-sponsors-from-this-year-122011100691_1.html JSW Steel combined crude steel output goes up by 28% for December quarter  https://www.moneycontrol.com/news/business/jsw-steel-bumps-up-combined-crude-steel-output-by-28-for-december-quarter-year-on-year-7922471.html Godrej bets on AR/VR as it enters the [...]

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Family Business Updates – January 13, 2022
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By | January 13, 2022|Family Business|

Reliance buys New York luxury hotel, Mandarin Oriental, for $98.15 mn https://www.hindustantimes.com/business/reliance-buys-luxury-hotel-mandarin-oriental-in-new-york-for-98-15-mn-101641703522448.html Tata Group becomes the IPL title sponsor from this year https://www.business-standard.com/article/pti-stories/tata-group-to-replace-vivo-as-ipl-title-sponsors-from-this-year-122011100691_1.html JSW Steel combined crude steel output goes up by 28% for December quarter  https://www.moneycontrol.com/news/business/jsw-steel-bumps-up-combined-crude-steel-output-by-28-for-december-quarter-year-on-year-7922471.html Godrej bets on AR/VR as it enters the [...]

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Family Business Updates – January 7, 2022
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By | January 7, 2022|Family Business|

Tata Communications and Zain KSA to deliver smart city solutions in Saudi Arabia https://www.business-standard.com/article/news-cm/tata-comm-partners-with-zain-ksa-to-deliver-smart-city-solutions-in-saudi-arabia-122010400907_1.html Mukesh Ambani’s Jio plans its biggest bond in debt market return https://economictimes.indiatimes.com/markets/bonds/mukesh-ambanis-jio-plans-its-biggest-bond-in-debt-market-return/articleshow/88684972.cms?from=mdr Natco acquires Dash Pharma for $18 million http://timesofindia.indiatimes.com/articleshow/88674415.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Borosil hikes stake in subsidiary company https://www.livemint.com/companies/news/borosil-hikes-stake-in-subsidiary-company-via-subscription-to-rights-issue-11641210350654.html Post DHFL acquisition, Piramal [...]

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Family Business Updates – December 31, 2021
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By | December 31, 2021|Family Business|

Mukesh Ambani talks of leadership transition at Reliance https://economictimes.indiatimes.com/news/company/corporate-trends/mukesh-ambani-talks-of-leadership-transition-at-reliance-wants-to-accelerate-the-process/articleshow/88550519.cms Sun Pharma to set up end-to-end integrated manufacturing unit in Andhra Pradesh https://www.thehindu.com/news/national/andhra-pradesh/sun-pharma-to-set-up-end-to-end-integrated-manufacturing-unit-in-andhra-pradesh/article38055735.ece   TCS successfully tests neural manufacturing solutions on Airtel 5G network https://www.business-standard.com/article/companies/tcs-successfully-tests-neural-manufacturing-solutions-on-airtel-5g-network-121122800469_1.html Dalmia Cement Bharat launches e-trucks initiative to optimize logistics cost https://www.livemint.com/companies/news/dalmia-cement-bharat-launches-e-trucks-initiative-to-optimize-logistics-cost-11640698567637.html [...]

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Family Business Updates – December 24, 2021
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By | December 24, 2021|Family Business|

Wipro to acquire cybersecurity consulting firm Edgile for $230 million https://www.businesstoday.in/latest/corporate/story/wipro-to-acquire-cybersecurity-consulting-firm-edgile-for-230-million-316244-2021-12-20 SBI invests Rs 100 cr in JSW Cement https://www.thehindubusinessline.com/companies/sbi-invests-rs-100-cr-in-jsw-cement/article38003157.ece Exide Ind to set up li-ion cell manufacturing plant https://m.economictimes.com/industry/renewables/exide-ind-to-set-up-li-ion-cell-manufacturing-plant/articleshow/88407291.cms Piramal Pharma invests ₹101 cr in Yapan Bio https://www.thehindubusinessline.com/companies/piramal-pharma-invests-101-cr-in-yapan-bio/article38004199.ece RK Damani increases stake in India [...]

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Family Business Updates – December 17, 2021
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By | December 17, 2021|Family Business|

Aditya Birla Fashion and Retail to take over Reebok's operations in India https://www.business-standard.com/article/companies/aditya-birla-fashion-and-retail-to-take-over-reebok-s-operations-in-india-121121400511_1.html Hero Electric plans capacity expansion to five million units in five years https://economictimes.indiatimes.com/industry/renewables/hero-electric-plans-capacity-expansion-to-five-million-units-in-five-years/articleshow/88284960.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Godrej Fund Management achieves final close of $500 million office fund https://www.livemint.com/companies/news/godrej-fund-management-achieves-final-close-of-500-million-office-fund-11639560749379.html Tata Power is setting up the world’s [...]

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Family Business Updates – December 9, 2021
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By | December 9, 2021|Family Business|

Tata Power and IIT Madras ink MoU, to work on R&D projects, tech solutions https://www.thehindubusinessline.com/news/education/tata-power-and-iit-madras-ink-mou-to-work-on-rd-projects-tech-solutions/article37867655.ece Godrej Properties ties up with TDI group for luxury housing project at Connaught Place in Delhi https://economictimes.indiatimes.com/industry/services/property-/-cstruction/godrej-properties-ties-up-with-tdi-group-for-luxury-housing-project-at-connaught-place-in-delhi/articleshow/88115761.cms Reliance raises $736 mn in green loan to fund REC Solar acquisition https://www.business-standard.com/article/companies/reliance-raises-736-mn-in-green-loan-to-fund-rec-solar-acquisition-121120700070_1.html [...]

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Family Business Updates – December 3, 2021
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By | December 3, 2021|Family Business|

Asian Paints to invest Rs 960 cr to expand Gujarat unit https://economictimes.indiatimes.com/industry/cons-products/paints/asian-paints-to-invest-rs-960-cr-to-expand-gujarat-unit/articleshow/87975809.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst   Shapoorji Pallonji's Joyville to invest Rs 300 cr to build 750 apartments https://www.business-standard.com/article/companies/shapoorji-pallonji-s-joyville-to-invest-rs-300-cr-to-build-750-apartments-121112900270_1.html   TCS signs deal with Swiss Re to help it build open digital workspace https://www.business-standard.com/article/companies/tcs-takes-its-digital-workforce-learning-to-swiss-re-other-clients-121112901162_1.html Shriram Group sets up [...]

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Family Business Updates – November 26, 2021
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By | November 26, 2021|Family Business|

Raymond set to rejig businesses, put professional boards in place - https://economictimes.indiatimes.com/news/company/corporate-trends/raymond-set-to-rejig-businesses-put-professional-boards-in-place/articleshow/87859136.cms  Marico looks to expand reach via pharmacies, beauty stores - https://www.livemint.com/industry/retail/marico-looks-to-expand-reach-via-pharmacies-beauty-stores-11637609162729.html  Adani Ports to buy 10mn sq ft of warehousing assets every year till 2026-https://www.thehindubusinessline.com/economy/logistics/adani-ports-plans-to-buy-as-much-as-10-million-sq-ft-of-warehousing-assets-every-year-till-2026/article37639223.ece  Mukesh Ambani looks to Walton family playbook on succession- ambani-looks-to-walton-family-playbook-on-succession/articleshow/87858850.cms  TVS [...]

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Family Business Updates – November 19, 2021
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By | November 18, 2021|Family Business|

Coromandel International to invest Rs 400 crore in new plant http://timesofindia.indiatimes.com/articleshow/87745225.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Tata Housing to invest around Rs 600 cr in Noida project https://www.financialexpress.com/industry/tata-housing-to-invest-around-rs-600-cr-in-noida-project/2371135/ Sixth Sense, Godrej Family Office invest Rs 150 cr in Wonderchef https://www.financialexpress.com/industry/sixth-sense-godrejs-put-in-rs-150-cr-in-wonderchef/2370302/ Dr. Reddy's open to making Pfizer COVID pill after Merck [...]

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Family Business Updates – November 12, 2021
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By | November 12, 2021|Family Business|

Tata Steel second-quarter standalone profit zooms to Rs 8,843 cr-https://www.businesstoday.in/latest/corporate/story/tata-steel-q2-result-standalone-profit-zooms-to-rs-8843-cr-yoy-revenue-rises-to-rs-34220-cr-311969-2021-11-11 TVS in talks to raise up to $500 million for EV subsidiary-https://economictimes.indiatimes.com/industry/renewables/tvs-in-talks-to-raise-up-to-500-million-for-ev-subsidiary/articleshow/87595707.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Wipro partners with DriveNetsto-https://www.business-standard.com/article/news-cm/wipro-partners-with-drivenetsto-121110901558_1.html   Tube Investments to buy 25% in Aerostrovilos Energy-https://www.thehindubusinessline.com/companies/tube-investments-to-buy-25-in-aerostrovilos-energy-for-346-cr/article37413058.ece JSW Steel's crude steel output grows 6% to 14.25 LT [...]

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Family Business Updates – November 5, 2021
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By | November 5, 2021|Family Business|

Godrej Properties Q2 Profit surges 403% https://economictimes.indiatimes.com/markets/stocks/earnings/godrej-properties-q2-results-profit-surges-403-yoy-to-rs-36-crore/articleshow/87482443.cms?from=mdr JSW Steel USA begins Phase II upgrade of plate mill facility in Texas, US https://www.moneycontrol.com/news/business/jsw-steel-usa-begins-phase-ii-upgrade-of-plate-mill-facility-in-texas-us-7661551.html TCS joins Jaguar Racing as title partner https://www.thehindubusinessline.com/news/sports/tcs-joins-jaguar-racing-as-title-partner/article37310610.ece  NCC bags order worth Rs 442 crore in October https://m.economictimes.com/industry/indl-goods/svs/construction/ncc-bags-order-worth-rs-442-crore-in-october/articleshow/87465144.cms Birla  may  infuse  $150  mn into Vodafone [...]

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Family Business Updates – October 29, 2021
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By | October 29, 2021|Family Business|

Siddharth Lal appointed Eicher Motors MD for 5 years starting May 1 https://www.businesstoday.in/latest/corporate/story/siddharth-lal-appointed-eicher-motors-md-for-5-years-starting-may-1-310365-2021-10-25 JSW Steel to invest Rs 150 crore to set up steel facility in Kashmir https://www.business-standard.com/article/companies/jsw-steel-to-invest-rs-150-crore-to-set-up-steel-facility-in-kashmir-121102500902_1.html Tata Motors to invest Rs 15,000 crore over next 4 years to launch 10 new electric vehicles [...]

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Family Business Updates – October 22, 2021
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By | October 22, 2021|Family Business|

Godrej & Boyce looks to earn 1/3rd of revenue from green products https://economictimes.indiatimes.com/news/company/corporate-trends/godrej-boyce-looks-to-earn-1/3rd-of-revenue-from-green-products/articleshow/87137753.cms Simpler structure, transforming employees: A Frenchman sitting in Paris turns Wipro around https://timesofindia.indiatimes.com/business/india-business/a-frenchman-sitting-in-paris-turns-wipro-around/articleshow/87091176.cms Here’s how Cipla aims to be a digitally agile company https://cio.economictimes.indiatimes.com/news/strategy-and-management/heres-how-cipla-aims-to-be-a-digitally-agile-company/87098501 Reliance Retail acquires 52% stake in designer Ritu [...]

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Family Business Updates – October 14, 2021
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By | October 14, 2021|Family Business|

Ultratech emerges as top bidder for limestone block in MP https://www.businesstoday.in/industry/infra/story/ultratech-emerges-as-top-bidder-for-limestone-block-in-mp-308993-2021-10-11 Reliance buys Norway's REC Solar Holdings https://www.business-standard.com/article/companies/ambani-buys-norway-s-rec-solar-holdings-from-china-s-bluestar-for-771-mn-121101000474_1.html Tata Sons shortlists candidates for Air India CEO post https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/tata-sons-shortlists-candidates-for-the-post-of-air-india-ceo/articleshow/86954545.cms Sajjan Jindal appointed chairman of World Steel Association https://www.livemint.com/companies/news/sajjan-jindal-appointed-chairman-of-world-steel-association-11634133722259.html Dalmia Cement boosts women SHGs https://www.dailypioneer.com/2021/state-editions/dalmia-cement-boosts-women-shgs.html Hero MotoCorp [...]

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Family Business Updates – October 8, 2021
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By | October 8, 2021|Family Business|

Titan registers strong growth as easing virus curbs boost second-quarter sales https://www.thehindubusinessline.com/companies/titan-scales-record-peak-as-easing-virus-curbs-boost-second-quarter-sales/article36872074.ece Apollo Hospitals launches centre of excellence to boost critical care across India https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/apollo-hospitals-launches-centre-of-excellence-to-boost-critical-care-across-india/articleshow/86812907.cms Reliance Retail takes master franchise of 7-Eleven stores in India; to launch first store this week https://www.financialexpress.com/industry/reliance-retail-to-launch-first-7-eleven-store-in-india-this-week-mukesh-ambani-takes-master-franchise/2345394/ Piramal announces demerger [...]

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Family Business Updates – October 01, 2021
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By | October 1, 2021|Family Business|

Godrej Industries raises Rs 750 crore to fund growth through non-convertible debentures https://www.business-standard.com/article/companies/godrej-industries-raises-rs-750-crore-through-non-convertible-debentures-121092801019_1.html TCS signs a 5-year IT transformation deal with German bank NORD/LB https://www.business-standard.com/article/companies/tcs-signs-a-5-year-it-transformation-deal-with-german-bank-nord-lb-121092800640_1.html Reliance Industries in talks to buy stake in Google-backed Glance InMobi https://www.livemint.com/companies/news/reliance-industries-in-talks-to-buy-stake-in-google-backed-glance-inmobi-report-11632745302124.html Marico Launches Chyawanprash To Take On Dabur https://www.moneycontrol.com/news/business/companies/marico-launches-chyawanprash-to-take-on-dabur-7513691.html [...]

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Family Business Updates – September 24, 2021
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By | September 24, 2021|Family Business|

Tata-Airbus set to sign Rs 22,000-cr deal to make military plane https://economictimes.indiatimes.com/news/defence/tata-airbus-set-to-sign-rs-22000-cr-deal-to-make-military-plane/articleshow/86415492.cms Adani group to invest $20 billion in renewable energy https://www.livemint.com/companies/news/adani-group-looks-to-invest-20-billion-in-renewable-energy-11632250095926.html Welspun Corp receives orders worth Rs 1,400 crore https://www.businesstoday.in/latest/corporate/story/welspun-corp-receives-orders-worth-rs-1400-crore-307130-2021-09-20 Godrej Properties records sale of Rs 575 cr in a day https://www.businesstoday.in/industry/infra/story/godrej-properties-records-sale-of-rs-575-cr-in-a-day-307277-2021-09-22 Wipro Launches [...]

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Family Business Updates – 17 September 2021
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By | September 17, 2021|Family Business|

Tata companies cross $305 billion in market capitalisation https://www.fortuneindia.com/enterprise/tata-cos-cross-305-bn-in-mktcap-ril-past-205-bn/105863 Wipro secures multi-year contract from Malaysia-based Maxis Broadband https://www.livemint.com/companies/news/wipro-secures-multi-year-contract-from-malaysia-based-maxis-broadband-11631715867789.html ArcelorMittal to triple iron ore production, pump in $800 mn in Liberia https://www.businesstoday.in/latest/corporate/story/arcelormittal-to-triple-iron-ore-production-pump-in-800-mn-in-liberia-306565-2021-09-13 HCL Tech bags multi-year deal from Biotech firm Genmab https://economictimes.indiatimes.com/markets/companies/hcl-tech-bags-multi-year-deal-from-biotech-firm-genmab/articleshow/86187906.cms Hero Vired forays into [...]

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Family Business Updates – September 9, 2021
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By | September 9, 2021|Family Business|

Not a Family Affair - Who will Head Tata Sons Next ? And Why you should Care https://myimpact.in/index.php?page=Clipj&r=2&id=a4cd9dc781fc168d197967071b65159e&id2=9c058240ef2752e73d433eb4e246e2d6&pgno=1 Murugappa Group PAT up 53% to ₹4500 cr in FY21 https://www.thehindubusinessline.com/companies/murugappa-group-pat-up-53-to-4500-cr-in-fy21/article36321316.ece Dr Reddy's launches drug for women hair loss after first-ever approval in India https://www.livemint.com/companies/news/dr-reddy-s-launches-drug-for-women-hair-loss-after-first-ever-approval-in-india-11631075606672.html JSW Steel [...]

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Family Business Updates – September 3, 2021
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By | September 3, 2021|Family Business|

Reliance Industries plans to acquire Europe’s largest solar panel manufacturer https://www.businesstoday.in/industry/energy/story/reliance-looks-to-acquire-europes-largest-solar-panel-manufacturer-305553-2021-08-31 TCS-CDoT emerges as indigenous leader, can upgrade BSNL 4G network to 5G by 2022 https://telecom.economictimes.indiatimes.com/news/tcs-cdot-emerges-as-indigenous-leader-can-upgrade-bsnl-4g-network-to-5g-by-2022/85758044   The rare side of Godrej Industries next boss Nadir Godrej https://www.livemint.com/companies/people/the-rare-side-of-godrej-industries-next-boss-nadir-godrej-11630372481256.html Hero MotoCorp launched Hero Hunk 150R motorcycle [...]

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Family Business Updates, August 27, 2021
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By | August 26, 2021|Family Business|

Modern Family Business https://economictimes.indiatimes.com/news/company/corporate-trends/how-changing-biz-environment-are-pushing-old-economy-dynasties-to-rethink-family-constitutions/articleshow/85518377.cms Wipro wins multi-year contract with E.ON https://www.business-standard.com/article/news-cm/wipro-wins-multi-year-contract-with-e-on-121082401233_1.html Tata Power Renewables commissions 150-MW solar project at Rajasthan https://energy.economictimes.indiatimes.com/news/renewable/tata-power-renewables-commissions-150-mw-solar-project-in-rajasthan/85586750 Cipla, Kemwell Biopharma enter JV to develop biosimilars https://www.businesstoday.in/industry/pharma/story/cipla-kemwell-biopharma-enter-jv-to-develop-biosimilars-305176-2021-08-25 HCL Tech signs contract with Munich Re for digital workplace services in 40 countries https://www.livemint.com/companies/news/hcl-tech-signs-contract-with-munich-re-for-digital-workplace-services-in-40-countries-11629706075274.html [...]

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Family Business Updates – August 20, 2021
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By | August 20, 2021|Family Business|

UltraTech to invest Rs 6500 crore to increase cement making capacities by 19.8 MT: Kumar Mangalam Birla https://m.economictimes.com/industry/indl-goods/svs/cement/ultratech-to-invest-rs-6500-crore-to-increase-cement-making-capacities-by-19-8-mt-kumar-mangalam-birla/articleshow/85436828.cms Tata Steel announces ₹270.28 crore annual bonus for 2020-21 https://www.thehindubusinessline.com/companies/tata-steel-announces-27028-crore-annual-bonus-for-2020-21/article35992684.ece Reliance and Aramco in advanced talks for $25 billion deal https://www.livemint.com/companies/news/mukesh-ambani-s-reliance-aramco-in-advanced-talks-for-25-billion-deal-11629097753521.html D-Mart owner RK Damani breaks into [...]

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Family business Updates – August 13, 2021
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By | August 13, 2021|Family Business|

Tata Group to foray into semi-conductor manufacturing https://www.thehindubusinessline.com/companies/tata-group-to-foray-into-semi-conductor-manufacturing/article35824051.ece Dalmia Bharat cement business aims to be net carbon zero by 2040 https://www.timesnownews.com/business-economy/companies/article/dalmia-bharat-to-et-now-first-cement-company-to-announce-we-will-be-net-carbon-zero-by/797156 Pidilite Industries sales grows 121 percent https://www.livemint.com/companies/company-results/pidilite-q1-results-review-net-profit-spikes-as-sales-jumps-121-11628767221964.html Murugappa Group plans ₹200-cr investments in Kerala https://www.thehindubusinessline.com/companies/murugappa-group-plans-200-cr-investments-in-kerala/article35840356.ece Wipro appoints Jason Eichenholz as Global Partnerships Lead https://www.livemint.com/companies/news/wipro-appoints-jason-eichenholz-as-global-partnerships-lead-11628517276584.html [...]

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Family Business Updates – August 6, 20201
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By | August 6, 2021|Family Business|

Ashok Leyland sales jump 81% in July https://www.business-standard.com/article/companies/ashok-leyland-sales-jump-81-yoy-in-july-truck-sales-142-in-april-121080200432_1.html   NCL Industries consortium bags ₹1,863-cr order from AP Housing Corporation https://www.thehindubusinessline.com/companies/ncl-industries-consortium-bags-1863-cr-order-from-ap-housing-corporation/article35676514.ece Hindalco Industries plans to invest Rs 8,000-10,000 crore in three plants https://www.business-standard.com/article/companies/hindalco-industries-plans-to-invest-rs-8-000-10-000-crore-in-three-plants-121080100262_1.html Wipro may see fastest growth in revenue among peers this fiscal https://www.hindustantimes.com/business/wipro-may-see-fastest-growth-in-revenue-among-peers-this-fiscal-101627855918262.html Adani [...]

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Family Business Updates – July 30, 2021
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By | July 30, 2021|Family Business|

Tata group to enter sat broadband market with Canada’s Telesat https://www.thehindubusinessline.com/info-tech/tata-group-to-enter-sat-broadband-market-with-canadas-telesat/article35527496.ece Cyient to acquire WorkForce Delta for $2.7 million https://www.livemint.com/companies/news/cyient-to-acquire-workforce-delta-for-2-7-million-11627449542476.html  HCL Technologies selected as a strategic launch partner for Microsoft cloud for Financial Services https://www.livemint.com/companies/news/hcl-technologies-selected-as-a-strategic-launch-partner-for-microsoft-cloud-for-financial-services-11627284318654.html Dr Reddy’s wellness arm and ICICI Lombard tie up for [...]

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Family Business Updates, July 23, 2021
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By | July 23, 2021|Family Business|

Airtel and Intel announce collaboration to accelerate 5G in India - https://www.livemint.com/companies/news/airtel-and-intel-announce-collaboration-to-accelerate-5g-in-india-11626858800303.html  Havells to focus majorly on rural markets, launch customized products - https://economictimes.indiatimes.com/industry/cons-products/electronics/havells-to-focus-majorly-on-rural-markets-launch-customized-products/articleshow/84611862.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Expect turnover from foods to touch Rs 10,000 crore: Marico’s Chairman Harsh Mariwala - https://www.financialexpress.com/industry/expect-turnover-from-foods-to-touch-rs-10000-crore/2294508/ Tata Steel arm signs MoU with Jindal Stainless for [...]

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Family Business Updates – July 16, 2021
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By | July 16, 2021|Family Business|

Marico acquires majority stake in ayurvedic beauty brand Just Herbs https://www.moneycontrol.com/news/business/companies/marico-acquires-majority-stake-in-ayurvedic-beauty-brand-just-herbs-7173431.html   SoftBank eyes stake in Apollo Hospitals’ pharmacy arm https://www.thehindubusinessline.com/companies/softbank-eyes-stake-in-apollo-hospitals-pharmacy-arm/article35266477.ece   Kirloskar Brothers receives patent for Dual Voltage Controller https://www.freepressjournal.in/business/kirloskar-brothers-receives-patent-for-dual-voltage-controller   Cyient bags project from UK's HMLR to centralise, digitise local land charges across [...]

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Family Business Updates – July 9, 2021
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By | July 8, 2021|Family Business|

Tatas to work closely with BigBasket on win-win synergies - https://m.economictimes.com/industry/services/retail/tatas-to-work-closely-with-bigbasket-on-win-win-synergies-focus-on-strengthening-d2c-approach-tcpl-ceo/articleshow/84111133.cms   Jindal Steel clocks a 20 percent jump in production - https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/jspl-clocks-a-20-jump-in-production-at-2-01-mt-in-q1-of-fy-22/articleshow/84205895.cms   Reliance Industries may buy majority stake in home fashion brand Portico -https://www.timesnownews.com/business-economy/companies/article/reliance-industries-may-buy-majority-stake-in-home-fashion-brand-portico/780997   JK Tyre collaborates with Hyundai Motor for its new vehicle [...]

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Family Business Updates – July 2, 2021
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By | July 2, 2021|Family Business|

Tata Motors to roll out 10 electric vehicles by 2025 https://www.hindustantimes.com/business/tata-motors-to-roll-out-10-electric-vehicles-by-2025-101624930852713.html Radhakishan Damani’s Dmart buys Rs 100 crore retail space in Goregaon from Sunteck Realty https://economictimes.indiatimes.com/industry/services/property-/-cstruction/radhakishan-damanis-dmart-buys-rs-100-cr-retail-space-in-goregaon-from-sunteck-realty/articleshow/83945682.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst ADNOC and Reliance Industries to set up petrochemical project in Abu Dhabi https://www.business-standard.com/article/companies/adnoc-and-reliance-industries-to-set-up-petrochemical-project-in-abu-dhabi-121062901582_1.html Apollo Tyres aims to double revenue [...]

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Family Business Updates – June 25, 2021
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By | June 25, 2021|Family Business|

Jamsetji Tata topped the EdelGive Hurun Philanthropists of the Century - https://www.businesstoday.in/current/economy-politics/not-bill-gates-or-warren-buffet-jamsetji-tata-is-top-philanthropist-of-the-last-century/story/442371.html Dabur begins construction of its largest facility in India with ₹550 cr invest https://www.livemint.com/companies/news/dabur-begins-construction-of-its-largest-facility-in-india-with-rs-550-cr-invest-11624442702580.html Muthoot Pappachan Group acquires equity stake in Paymatrix https://www.thehindubusinessline.com/companies/muthoot-pappachan-group-acquires-equity-stake-in-paymatrix/article34899910.ece Bharti Airtel and TCS announce collaboration to build 5G networks in [...]

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Family Business Updates – June 10, 2021
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By | June 11, 2021|Family Business|

Tata Digital to invest $75 million in fitness startup Curefit https://economictimes.indiatimes.com/tech/startups/tata-digital-to-invest-up-to-75-million-in-curefit-names-mukesh-bansal-as-president/articleshow/83309426.cms Welspun Corp secures orders worth ₹1725 cr https://www.business-standard.com/article/news-cm/welspun-corp-secures-orders-worth-rs-1725-cr-121060801505_1.html MRF posts net profit of ₹431 crores in Q4 and announces special dividend of 500% https://www.thehindubusinessline.com/companies/mrf-posts-431-cr-profit-in-q4/article34755514.ece Bajaj Allianz Life declares ₹1,156 crore bonus to policyholders https://www.business-standard.com/article/companies/bajaj-allianz-life-declares-rs-1-156-crore-bonus-to-policyholders-121060901042_1.html JSW [...]

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Family Business Updates – June 4, 2021
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By | June 4, 2021|Family Business|

Wipro Aerospace submits $31 million bid to acquire bankrupt US supplier of Boeing Inc https://economictimes.indiatimes.com/tech/information-tech/wipro-aerospace-submits-31-million-bid-to-acquire-bankrupt-us-supplier-of-boeing-inc/articleshow/83098403.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Tata Power Solar gets letter of award from NTPC for Rs 686-cr project https://www.business-standard.com/article/companies/tata-power-solar-gets-letter-of-award-from-ntpc-for-rs-686-cr-project-121060201131_1.html Most family-owned companies remain bullish on FY22 http://timesofindia.indiatimes.com/articleshow/83098847.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Muthoot Finance FY21 profit rises to ₹3,722 crore [...]

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