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Family Business Updates : October 30, 2020
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By | October 30, 2020|Family Business|

Flipkart to acquire 7.8% stake in Aditya Birla Fashion - https://www.livemint.com/companies/news/flipkart-to-acquire-7-8-stake-in-aditya-birla-fashion-11603430003405.html Piramal Group is ready for acquisitions in both pharma and financial services https://www.businessinsider.in/business/corporates/news/piramal-group-is-ready-for-acquisitions-in-both-pharma-and-financial-services/articleshow/78865009.cms The importance of being Azim Premji https://www.moneycontrol.com/news/opinion/the-importance-of-being-azim-premji-6010821.html Adani, Hiranandani groups to invest Rs 10,000 crore in UP data centres https://www.business-standard.com/article/companies/adani-hiranandani-groups-to-invest-rs-10-000-crore-in-up-data-centres-120102500987_1.html Samsung's [...]

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Updates on Family Business – October 23, 2020
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By | October 23, 2020|Family Business|

Wipro secures contract from European energy company, Fortum - https://www.business-standard.com/article/news-cm/wipro-secures-contract-from-eupropean-energy-company-fortum-120102000224_1.html Bector family-owned, Mrs Bectors Food files for Rs 550 crore IPO - https://www.financialexpress.com/market/ipo-news/mrs-bectors-food-initial-public-offering-files-papers-with-sebi-for-rs-550-crore-public-issue/2110008/   DMart Converts Two Mumbai Stores Into Fulfilment Centres To Cater To E-Commerce Demand -https://www.bloombergquint.com/business/dmart-converts-2-mumbai-stores-into-fulfilment-centres-to-cater-to-e-commerce-demand   NCLT approves JSW Steel’s resolution plan for Asian [...]

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Family Business Updates – October 16, 2020
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By | October 16, 2020|Family Business|

Tata group plans to acquire stakes in e-commerce companies: pursuing IndiaMart and BigBasket https://www.business-standard.com/article/companies/from-indiamart-to-big-basket-tata-eyeing-stakes-in-e-commerce-companies-120101500555_1.html Wipro to acquire engineering services company Eximius Design for 80 million dollars https://www.financialexpress.com/industry/wipro-to-acquire-eximius-design-for-80-million/2104566/   JSW to invest Rs 9,000 cr in 2 wind projects in Karnataka https://www.livemint.com/companies/news/jsw-energy-to-invest-rs-9-000-crore-in-two-wind-power-projects-in-karnataka-11602488944849.html   SRF Ltd launches Rs 750 crore share sale [...]

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Family Business Updates – October 01, 2020
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By | October 1, 2020|Family Business|

Walmart looks to join hands with Tata group in retail push - https://www.livemint.com/companies/news/walmart-looks-to-join-hands-with-tatas/amp-11601337906091.html Silver Lake's co-investors buy more stake in Reliance Retail for ₹1,875 cr - https://www.livemint.com/companies/news/silver-lake-s-co-investors-buy-more-stake-in-reliance-retail-for-rs-1-875-cr-11601486898444.html Honda enters the middle weight motorcycle segment with the Highness CB 350 -https://www.livemint.com/companies/news/honda-enters-the-middle-weight-motorcycle-segment-with-the-highness-cb-350-11601458405634.html New digital platform allows family firms to [...]

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Family Business Updates – September 25, 2020
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By | September 25, 2020|Family Business|

Did family-owned businesses handle the pandemic better?-https://www.financialexpress.com/opinion/did-family-owned-businesses-handle-the-pandemic-better/2087807/  Hindalco to buy concentrate from Hindustan Copper-https://www.thehindubusinessline.com/companies/hindalco-to-buy-concentrate-from-hindustan-copper/article32632578.ece  Natco Pharma share price: Natco Pharma soars 17% as path to launch Revlimid generic clears-https://m.economictimes.com/markets/stocks/news/natco-pharma-soars-17-as-path-to-launch-revlimid-generic-clears/articleshow/78183558.cms  Wipro keen to partner startups to drive innovation: Rishad Premji-https://www.livemint.com/companies/news/wipro-keen-to-partner-startups-to-drive-innovation-rishad-premji-11600432265203.html After Hamleys, Mukesh Ambani's Reliance eyes UK's 242-year-old Debenhams -https://www.businesstoday.in/current/corporate/reliance-industries-ril-in-race-to-acquire-uk-british-department-store-chain-debenhams/story/416893.html 

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Family Business Updates – September 18, 2020
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By | September 18, 2020|Family Business|

Tatas Win Contract To Build New Parliament Building For ₹ 861.9 Crore https://www.livemint.com/news/india/tata-projects-wins-contract-to-construct-new-parliament-building-for-rs-861-90-crore-official-11600260966441.html Azim Premji of Wipro bequeathed Rs 1.45 lakh crore to charity and he isn’t stopping https://www.timesnownews.com/business-economy/companies/article/this-indian-billionaire-bequeathed-rs-1-45-lakh-crore-to-charity-and-he-isn-t-stopping/651773 JSW Steel in race to acquire insolvent Gontermann Peipers- https://www.thehindubusinessline.com/companies/jsw-steel-in-race-to-acquire-insolvent-gontermann-peipers/article32582236.ece Carlyle may take $2 billion stake [...]

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Family Business Updates – September 11, 2020
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By | September 11, 2020|Family Business|

Tata Power and Tata Motors collaborate to set up India’s largest solar carport -https://www.timesnownews.com/auto/car-news/article/tata-power-and-tata-motors-collaborate-to-set-up-india-s-largest-solar-carport/647001  Godrej and Boyce creates a Group Chief Digital Officer (CDO) position -  https://www.expresscomputer.in/news/godrej-and-boyce-creates-a-group-cdo-position-poorav-sheth-joins-as-group-cdo/63278/ Isha Ambani and Akash Ambani Feature on Fortune ‘40 Under 40’ List -https://www.news18.com/news/buzz/isha-and-akash-reliance-chairman-mukesh-ambanis-twins-feature-on-fortune-40-under-40-list-2843545.html Wipro bags multi-year automotive software engineering [...]

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Family Business Updates – September 04, 2020
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By | September 4, 2020|Family Business|

Reliance Retail buys Future Group's businesses for ₹24,713 crore - https://www.livemint.com/companies/news/reliance-retail-buys-future-group-s-retail-other-businesses-for-rs-24-713-cr-11598714386781.html Godrej Security Solutions introduces currency steriliser Sterion -  https://www.thehindubusinessline.com/news/national/godrej-security-solutions-introduces-currency-steriliser-sterion/article32479608.ece Speed up defence orders to activate investment cycle, says Baba Kalyani -https://www.businesstoday.in/current/economy-politics/speed-up-defence-orders-to-activate-investment-cycle-baba-kalyani/story/414388.html Tata: transforming a conglomerate for India and the world - https://www.ft.com/content/02ea9961-3db5-4cd5-9c32-eadd0bdea0f0 In a first in India, [...]

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Family Business Updates – August 28, 2020
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By | August 28, 2020|Family Business|

Tata group plots ambitious e-commerce push to take on Amazon, Reliance -  https://www.livemint.com/companies/news/tata-group-plots-ambitious-e-commerce-push-to-take-on-amazon-reliance-11598436840269.html  JSW's common hub for steel and cement to clock in Rs 2,300 crore this year - https://www.business-standard.com/article/companies/jsw-s-common-hub-for-steel-and-cement-to-clock-in-rs-2-300-crore-this-year-120082500942_1.html Murugappa Group firm, Tube Investments to acquire CG Power -https://www.cnbctv18.com/business/murugappa-group-led-tube-investments-remains-sole-bidder-for-cg-power-6745351.htm Lupin gets USFDA nod for generic ProAir [...]

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Family Business Updates – August 21, 2020
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By | August 21, 2020|Family Business|

Embassy Group to merge assets into IBREL to create India's largest realtor -https://www.business-standard.com/article/companies/embassy-group-to-merge-assets-into-ibrel-to-create-india-s-largest-realtor-120081801805_1.html Muthoot Finance, Kotak Mahindra General Insurance tie up to offer COVID-19 cover -https://economictimes.indiatimes.com/industry/banking/finance/insure/muthoot-finance-kotak-mahindra-general-insurance-tie-up-to-offer-covid-19-cover/articleshow/77595495.cms?from=mdr Mukesh Ambani is on a shopping spree in race against Amazon - https://www.business-standard.com/article/companies/richest-asian-mukesh-ambani-is-on-a-shopping-spree-in-race-against-amazon-120081800546_1.html Jyothy Labs eyes debt-free status by December [...]

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Family Business Updates – August 14, 2020
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By | August 14, 2020|Family Business|

Mukesh Ambani to set up family council as part of succession planning -  https://www.hindustantimes.com/business-news/ambani-to-set-up-family-council-as-part-of-succession-planning/story-NsTY1i4ujcgCaY1Sv4XDpK.html SC ruling on daughters' rights, a wake-up call to family businesses-  http://myimpact.in/impact/clip_new.php?id=0ee60b2dddc3dcd1bcd5a0c39a9fff5a&id2=9c058240ef2752e73d433eb4e246e2d6 Pirojsha Godrej to steer Godrej’s foray into financial services through Godrej Housing Finance -https://m.economictimes.com/industry/banking/finance/pirojsha-godrej-to-steer-godrejs-foray-into-financial-services-through-godrej-housing-finance/articleshow/77491997.cms Aurobindo Pharma net profit up 23% at [...]

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Family Business Updates – July 30, 2020
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By | August 7, 2020|Family Business|

India's mobile internet giant, Reliance Jio to get $4.5 billion investment by Google, both will make a new affordable Android phone https://www-businessinsider-com.cdn.ampproject.org/c/s/www.businessinsider.com/google-invest-billions-india-telecoms-reliance-jio-2020-7?amp Muthoot Finance may get added to MSCI India Index soon https://www.business-standard.com/article/markets/muthoot-finance-may-get-added-to-msci-india-index-soon-analysts-120072500049_1.html Coromandel first-quarter net profit up at Rs 248 crore https://www.thehindubusinessline.com/companies/coromandel-q1-pat-up-at-rs-248-crore/article32189662.ece Marico Q1 [...]

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Family Business Updates – August 07, 2020
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By | August 7, 2020|Family Business|

Sajjan Jindal Sees $100 Billion Opportunity For The Indian Industry - https://www.forbesindia.com/article/real-issue/sajjan-jindal-sees-100-billion-opportunity-for-the-indian-industry/61345/1 Tata Consumer Products to emerge as full-fledged FMCG company: N Chandrasekaran -https://www.livemint.com/companies/news/tata-consumer-products-to-emerge-as-full-fledged-fmcg-company-n-chandrasekaran-11594032635428.html   Mukesh Ambani preps up for a multi-billion dollar play in renewables -  https://www.thehindubusinessline.com/companies/mukesh-ambani-preps-up-for-a-multi-billion-dollar-play-in-renewables/article32268913.ece ISB study shows fleet-footed family firms adapted to [...]

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Family Business Updates – July 24, 2020
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By | July 24, 2020|Family Business|

Next-Gen Leader Roshni Nadar Malhotra takes charge at HCL Technologies -https://tech.economictimes.indiatimes.com/news/people/change-of-guard-shiv-nadar-steps-down-as-hcl-chairman-daughter-roshni-takes-over/77013569 Bajaj Auto expects early recovery in bike sales - https://www.livemint.com/companies/news/bajaj-auto-expects-early-recovery-in-bike-sales-three-wheelers-to-take-longer-11595480337275.html Tata Group's Indian Hotels buys balance stake in Hotel Sea Rock -https://www.moneycontrol.com/news/business/companies/tata-groups-indian-hotels-buys-balance-stake-in-co-holding-sea-rock-asset-5578011.html Hero MotoCorp poised to seize the long term opportunities in the Indian market [...]

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Family Business Updates – July 17, 2020
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By | July 17, 2020|Family Business|

Radhakishan Damani buys 1.03% stake in Astra Microwave; share price jumps 4% -  https://www.moneycontrol.com/news/business/markets/radhakishan-damani-buys-1-03-stake-in-astra-microwave-share-price-jumps-9-5531161.html Wipro to acquire Brazil's IVIA Serviços de Informática for ₹169 crore - https://www.livemint.com/companies/news/wipro-to-acquire-brazil-s-ivia-servi-os-de-inform-tica-for-rs-169-crore-11594735356293.html  Godrej Group Hikes Stake In Sobha To About 10% - https://www.bloombergquint.com/markets/godrej-group-hikes-stake-in-sobha-to-about-10 Coronavirus vaccine: Lakshmi Mittal donates 3.2 million pounds to Oxford [...]

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Family Business Updates – July 10, 2020
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By | July 10, 2020|Family Business|

Tata Consumer Products to emerge as full-fledged FMCG company: N Chandrasekaran https://www.livemint.com/companies/news/tata-consumer-products-to-emerge-as-full-fledged-fmcg-company-n-chandrasekaran-11594032635428.html Jindal Steel & Power reports 12% rise in Q1 Steel Sales https://www.business-standard.com/article/companies/jspl-beats-the-trend-reports-12-rise-in-q1-steel-sales-amid-covid-19-120070200588_1.html Bharat Forge launches AI-based Health Risk Monitoring System https://www.thehindubusinessline.com/companies/bharat-forge-launches-ai-based-health-risk-monitoring-system/article32019797.ece Reliance, Sterlite, TechM set to power next-gen 5G telecom networks https://www.business-standard.com/article/companies/reliance-sterlite-techm-set-to-power-next-gen-5g-telecom-networks-120070601662_1.html

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Family Business Updates – July 3, 2020
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By | July 3, 2020|Family Business|

Murugappa Group eyes CG Power, ready to invest Rs 750 crore - The Economic Times - https://m.economictimes.com/markets/stocks/news/murugappa-group-eyes-cg-power-ready-to-invest-rs-750-crore/articleshow/76729701.cms Sunil Mittal bids for SoftBank-backed satellite firm OneWeb - https://www.livemint.com/companies/news/sunil-mittal-bids-for-softbank-backed-satellite-firm-oneweb-11593485729161.html Mukesh Ambani's RIL set to acquire Kishore Biyani-led Future Group -https://www.businesstoday.in/current/corporate/mukesh-ambani-ril-set-to-acquire-kishore-biyani-retail-business-future-group-big-bazaar/story/408427.html Aditya Birla Fashion To Launch Rs 995-Crore Rights Issue [...]

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Family Business Updates – June 26, 2020
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By | June 26, 2020|Family Business|

Noel Tata may be inducted as Director on Tata Sons' board: Report - https://www.moneycontrol.com/news/business/noel-tata-may-be-inducted-as-director-on-tata-sons-board-report-5447701.html Jio poised to play key role in development of 5G ecosystem in India: RIL -https://www.livemint.com/companies/news/jio-poised-to-play-key-role-in-development-of-5g-ecosystem-in-india-ril-11592992823777.html The Hinduja dispute: Four brothers and a document that is key to their $15.6 billion fortune -https://www.moneycontrol.com/news/technology/auto/the-hinduja-dispute-four-brothers-and-a-document-that-is-key-to-their-15-6-billion-fortune-5450931.html [...]

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Family Business Updates – 19 June, 2020
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By | June 19, 2020|Family Business|

Billionaire Radhakishan Damani considers taking control of India Cements - https://economictimes.indiatimes.com/markets/stocks/news/billionaire-damani-considers-taking-control-of-india-cements/articleshow/76417890.cms Saudi wealth fund PIF takes stake in Jio Platforms for ₹11,367 crore - https://www.livemint.com/news/india/saudi-wealth-fund-pif-takes-stake-in-jio-platforms-for-rs11-367-crore-11592243181671.html Muthoot Finance shows how gold comes to rescue during crises -https://www.livemint.com/market/mark-to-market/muthoot-finance-brings-cheer-to-investors-as-gold-shines-during-pandemic-11592452483395.html Dr Reddy's closes Wockhardt branded generics deal on modified terms - https://www.business-standard.com/article/companies/dr-reddy-s-closes-wockhardt-branded-generics-deal-on-modified-terms-120061001030_1.html [...]

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Family Business Updates – June 12, 2020
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By | June 12, 2020|Family Business|

Nisaba Godrej to take over as MD and CEO of Godrej Consumer - https://www.livemint.com/companies/news/nisaba-godrej-to-take-over-as-md-and-ceo-of-godrej-consumer-11591709949814.html Arvind ties up with HeiQ to introduce anti-viral fabrics, garments under “Intellifabrix” brand - The Hindu - https://www.thehindu.com/business/Industry/arvind-ties-up-with-heiq-to-introduce-anti-viral-fabrics-garments-under-intellifabrix-brand/article31795222.ece Adani Green wins world's largest solar project worth $6 billion -https://www.livemint.com/news/india/adani-green-wins-world-s-largest-solar-project-worth-6-billion-11591704118837.html JSW Steel ramps up [...]

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Family Business Updates – June 05, 2020
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By | June 5, 2020|Family Business|

Wipro apponts Thierry Delaporte as CEO - https://www.livemint.com/companies/people/wipro-names-thierry-delaporte-as-ceo-11590776745527.html Mahindra & Mahindra tractor sales improve in May -https://www.business-standard.com/article/markets/mahindra-mahindra-rallies-10-in-2-days-on-good-tractor-sales-in-may-120060200250_1.html Avenue Supermarts now 11th most valued Indian firm by market capitalisation -https://www.business-standard.com/article/companies/avenue-supermarts-now-11th-most-valued-indian-firm-by-market-capitalisation-120052100066_1.html Facebook to acquire 9.9% stake in Jio Platforms -https://www.business-standard.com/article/companies/facebook-to-acquire-9-9-stake-in-jio-platforms-via-jaadhu-holdings-120060301713_1.html

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Family Business Updates: May 29, 2020
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By | May 29, 2020|Family Business|

Nirma arm gets approval from Competition Commission of India to acquire Emami Cement - https://www.livemint.com/companies/news/cci-approves-emami-cement-acquisition-by-nirma-arm-11590070421770.html Mukesh Ambani's youngest son Anant debuts in Jio Platforms as director -https://www.businesstoday.in/current/corporate/mukesh-ambani-youngest-son-anant-debuts-jio-platforms-director/story/404934.html MyTVS launches express sanitisation services for cars -https://www.thehindubusinessline.com/companies/mytvs-launches-express-sanitisation-services-for-cars/article31642526.ece Eyeing higher automation, TCS launches AI workspace management solution-https://www.livemint.com/companies/news/eyeing-higher-automation-tcs-launches-ai-workspace-management-solution-11590467061538.html Rasna Foundation [...]

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Family Business Updates : May 22, 2020
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By | May 22, 2020|Family Business|

Azim Premji: The interests of workers, businesses are deeply aligned, especially in these times of crisis - https://economictimes.indiatimes.com/news/economy/policy/view-the-interests-of-workers-businesses-are-deeply-aligned-especially-in-these-times-of-crisis/articleshow/75765702.cms General Atlantic to invest Rs 6598.38 crore in Jio Platforms -https://www.business-standard.com/article/news-cm/general-atlantic-to-invest-rs-6598-38-crore-in-jio-platforms-120051800212_1.html   Shriram Transport plans to raise ₹3,000-4,000 crore via share sale -https://www.livemint.com/companies/news/shriram-transport-plans-to-raise-rs-3-000-4-000-crore-via-share-sale-11589779513321.html Cipla submits application with USFDA [...]

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Family Business Updates, May 15, 2020
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By | May 15, 2020|Family Business|

 ICMR, Bharat Biotech tie up for Indian COVID-19 vaccine - https://www.thehindu.com/sci-tech/health/coronavirus-icmr-bharat-biotech-tie-up-for-indian-covid-19-vaccine/article31547614.ece  Airtel picks IBM, Red Hat to build 5G-ready cloud network - https://economictimes.indiatimes.com/industry/telecom/telecom-news/airtel-selects-ibm-red-hat-to-build-open-cloud-network-for-5g-emerging-tech/articleshow/75678833.cms Bajaj Auto commences re-opening of dealerships across India - https://www.thehindubusinessline.com/economy/logistics/bajaj-auto-commences-re-opening-of-dealerships-across-india/article31556153.ece Ratan Tata on impact of coronavirus: Entrepreneurs will adapt and create - https://www.livemint.com/companies/people/ratan-tata-on-impact-of-coronavirus-entrepreneurs-will-adapt-and-create-11589182164234.html Jindal Steel's export [...]

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Family Business Updates – May 08, 2020
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By | May 8, 2020|Family Business|

Tata Sons to infuse more capital into five firms - https://www.business-standard.com/article/companies/tata-sons-to-infuse-more-capital-into-five-firms-impacted-by-coronavirus-120043000777_1.html Reliance announces biggest rights issue of Rs 53,125 crore - https://economictimes.indiatimes.com/markets/stocks/news/ril-announces-biggest-rights-issue-of-rs-53125-crore-share-sale-at-14-discount/articleshow/75474430.cms Marico forays into the vegetable and fruit hygiene category -https://www.thehindubusinessline.com/companies/marico-limited-forays-into-the-vegetable-and-fruit-hygiene-category-with-veggie-clean/article31471343.ece How are Family Offices Restructuring Their Portfolios Due to Covid-19 -https://www.entrepreneur.com/article/350015 KEC International resumes operations [...]

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Family Business Updates: April 30 2020
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By | April 30, 2020|Family Business|

Tech Mahindra board approves proposal to acquire 100% stake in Zen3 Infosolutions (America) https://www.livemint.com/companies/news/tech-mahindra-board-approves-proposal-to-acquire-100-stake-in-zen3-infosolutions-america-11582551393976.html Reliance increases stake in US-based tech company SkyTran to 26.3% https://www.business-standard.com/article/companies/reliance-increases-stake-in-us-based-tech-company-skytran-to-26-3-120042900655_1.html Jaguar Land Rover recovers up to 75% production in China as demand returns  https://www.livemint.com/auto-news/jaguar-land-rover-recovers-up-to-75-production-in-china-as-demand-returns-11588159987336.html Piramal, Tata Motors, Coastal Gujarat to [...]

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Family Business Updates: April 24 2020
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By | April 24, 2020|Family Business|

Facebook invests $5.7 billion in India’s largest telecom operator Reliance Jio -https://qz.com/india/1842729/facebook-invests-5-7-billion-in-mukesh-ambanis-reliance-jio/ FB Roundup : Walmart, Barbour, Grosvenor -http://www.campdenfb.com/article/fb-roundup-walmart-barbour-grosvenor Tata Capital Growth Fund II invests $5 million in SaaS startup Indusface - https://www.livemint.com/companies/start-ups/tata-capital-growth-fund-ii-invests-5-million-in-saas-startup-indusface-11587632123667.html Asian Paints takes measures to help contractors combat Covid-19 -https://www.thehindubusinessline.com/companies/asian-paints-takes-measures-to-help-contractors-combat-covid-19/article31411840.ece Tech Mahindra, IBM [...]

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Family Business Updates: April 17 2020
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By | April 17, 2020|Family Business|

TVS in talks to buy British motorcycle brand Norton -   https://www.livemint.com/auto-news/tvs-in-talks-to-buy-british-motorcycle-brand-norton-11586369079123.html Anand Mahindra Explains Why Banana Leaves Replaced Plates At His Factories Amid Lockdown - https://www.ndtv.com/india-news/anand-mahindra-explains-why-banana-leaves-replaced-plates-at-his-factories-amid-lockdown-2209008 Tech Mahindra says lockdown will bring new technology segments in focus -https://www.livemint.com/industry/infotech/tech-mahindra-says-lockdown-will-bring-new-technology-segments-in-focus-11586592114596.html This is the only businessman who got richer [...]

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Family Business Updates: April 10, 2020
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By | April 10, 2020|Family Business|

Cadila Healthcare gets nod from USFDA for Perphenazine tablets - https://www.businesstoday.in/markets/company-stock/cadila-healthcare-stock-rises-perphenazine-tablets-usfda/story/400495.html Azim Premji Foundation, Wipro commit Rs 1,125 crore to fight the pandemic -https://www.business-standard.com/article/companies/coronavirus-outbreak-azim-premji-foundation-wipro-commit-rs-1-125-crore-120040101846_1.html Britannia Industries ties up with Dunzo for delivery of essentials -https://www.livemint.com/news/india/britannia-industries-partners-with-dunzo-for-delivery-of-essentials-11586239153524.html Bharat Biotech joins race to develop Covid-19 vaccine -https://www.businesstoday.in/current/corporate/coronavirus-update-bharat-biotech-joins-race-to-develop-covid-19-vaccine/story/400091.html The challenges [...]

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Family Business Updates: April 04, 2020
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By | April 3, 2020|Family Business|

Tata Sons pledges Rs 1000 crore in fight against Covid-19 - https://auto.economictimes.indiatimes.com/news/industry/tata-sons-pledges-rs-1000-crore-in-fight-against-covid-19/74865247 Apparels manufacturer Arvind Mills to make PPEs for medical workers -https://www.businesstoday.in/current/corporate/coronavirus-impact-apparels-manufacturer-arvind-mills-to-make-ppes-for-medical-workers-to-start-supply-soon/story/399509.html Big Bazaar enters doorstep delivery service amid coronavirus lockdown -https://www.livemint.com/companies/news/big-bazaar-enters-doorstep-delivery-service-amid-coronavirus-lockdown-11585127697386.html Anil Agarwal take board position on Vedanta Ltd for the first time -https://www.businesstoday.in/current/corporate/anil-agarwal-board-position-on-vedanta-ltd-for-the-first-time/story/399537.html [...]

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Indian Family Businesses on the Frontline of the Fight against Coronavirus: March 27, 2020
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By | March 27, 2020|Family Business|

Several Indian Family Businesses are on the Frontline of the Fight against the Coronavirus: Pharma Giant Cipla and CSIR-IICT to Join Hands to Create Anti-coronavirus Drugs https://www.news18.com/news/india/india-pharma-giant-cipla-and-csir-iict-to-join-hands-to-create-anti-coronavirus-drugs-2546325.html Mahindra Group to use manufacturing facilities to make ventilators https://www.thehindubusinessline.com/companies/mahindra-to-use-manufacturing-facilities-to-make-ventilators/article31136084.ece Reliance Industries sets up a 100-bed centre for [...]

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Family Business Updates: March 20, 2020
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By | March 20, 2020|Family Business|

Tata Power expands rooftop solar service to 90 cities  https://www.thehindubusinessline.com/companies/tata-power-expands-rooftop-solar-service-to-90-cities/article31106624.ece Godrej Properties has a strong launch pipeline: MD, Mohit Malhotra https://www.business-standard.com/article/companies/we-have-a-strong-launch-pipeline-godrej-properties-md-mohit-malhotra-120031701616_1.html Bajaj Auto board approves reappointment of Rajiv Bajaj as MD, CEO https://www.livemint.com/companies/news/bajaj-auto-board-approves-reappointment-of-rajiv-bajaj-as-md-ceo-11584511061480.html Gateway Partners to pick up minority stake in TVS Supply Chain for [...]

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Family Business Updates: March 13, 2020
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By | March 13, 2020|Family Business|

Reliance Retail acquires Shri Kannan Departmental Store for Rs 152.5 cr https://www.business-standard.com/article/companies/reliance-retail-acquires-shri-kannan-departmental-store-for-rs-152-5-cr-120030500276_1.html Tata Coffee launches e-commerce platform https://economictimes.indiatimes.com/industry/services/retail/tata-coffee-launches-e-commerce-platform/articleshow/74472594.cms?from=mdr Sterlite Power’s Lakadia Vadodara Transmission Project secures funds worth Rs 2,024 crore https://www.thehindubusinessline.com/companies/sterlite-powers-lakadia-vadodara-transmission-project-secures-funds-worth-rs-2024-crore/article30980766.ece# Allcargo Logistics to launch open offer for buying 26% stake in Gati https://www.livemint.com/companies/news/allcargo-gets-sebi-nod-to-launch-open-offer-for-stakebuy-in-gati-11583329580434.html ArcelorMittal [...]

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Family Business Updates: March 06, 2020
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By | March 6, 2020|Family Business|

Reliance Retail acquires Shri Kannan Departmental Store for Rs 152.5 cr -https://www.business-standard.com/article/companies/reliance-retail-acquires-shri-kannan-departmental-store-for-rs-152-5-cr-120030500276_1.html Tata Coffee launches e-commerce platform-  https://economictimes.indiatimes.com/industry/services/retail/tata-coffee-launches-e-commerce-platform/articleshow/74472594.cms?from=mdr   Sterlite Power’s Lakadia Vadodara Transmission Project secures funds worth Rs 2,024 crore- https://www.thehindubusinessline.com/companies/sterlite-powers-lakadia-vadodara-transmission-project-secures-funds-worth-rs-2024-crore/article30980766.ece# Allcargo Logistics to launch open offer for buying 26% stake in Gati- https://www.livemint.com/companies/news/allcargo-gets-sebi-nod-to-launch-open-offer-for-stakebuy-in-gati-11583329580434.html   ArcelorMittal [...]

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Family Business Updates: February 28, 2020
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By | February 28, 2020|Family Business|

Muthoot Finance raises $550 mn at 4.4% from international bond markets - https://www.business-standard.com/article/companies/muthoot-finance-raises-550-mn-at-4-4-from-international-bond-markets-120022100816_1.html Indian Hotels to scale up F&B biz, plans to bring in new brands- https://www.livemint.com/companies/news/indian-hotels-to-scale-up-f-b-biz-plans-to-bring-in-new-brands-11582555464006.html Aditya Birla Capital gets Rs 1,000 cr foreign investment from Jomei-https://www.businessinsider.in/business/news/aditya-birla-capital-gets-rs-1000-cr-foreign-investment-from-jomei/articleshow/74286434.cms Tech Mahindra to acquire Zen3 Infosolutions for Rs 460 [...]

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Family Business Updates: February 20, 2020
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By | February 20, 2020|Family Business|

Hindujas, Cerberus will partner to bid for Yes Bank stake -https://www.livemint.com/companies/news/hindujas-cerberus-will-partner-to-bid-for-yes-bank-stake-11582192899659.html Hero MotoCorp to invest ₹10,000 crore over next 5 to 7 years -https://www.thehindubusinessline.com/companies/hero-motocorp-to-invest-rs10000-crore-over-the-next-five-seven-years/article30849594.ece JSW Energy to acquire 100% stake in GMR Kamalanga Energy for Rs 5,321 crore -https://www.businesstoday.in/current/corporate/jsw-energy-acquire-100-stake-gmr-kamalanga-energy-rs-5321-crore/story/396353.html Mukesh Ambani's RIL to consolidate media [...]

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Family Business Updates: February 14, 2020
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By | February 14, 2020|Family Business|

 Dr Reddy’s to buy Wockhardt’s domestic branded ops, Baddi plant for ₹1,850 cr - https://www.livemint.com/companies/news/dr-reddy-s-to-buy-wockhardt-s-domestic-branded-ops-baddi-plant-for-rs-1-850-cr/amp-11581492602925.html GMR Airports will build and operate new airport in Greece -https://www.livemint.com/companies/news/gmr-airports-will-build-and-operate-new-airport-in-greece-11581350613741.html D-mart | Radhakishan Damani: DMart’s now bigger than Bajaj Finserv, Nestle; owner Damani 6th richest in India -https://m.economictimes.com/markets/stocks/news/dmarts-now-bigger-than-bajaj-finserv-nestle-owner-damani-6th-richest-in-india/articleshow/74073379.cms Haldiram’s IPO [...]

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Family Business Updates: February 07, 2020
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By | February 7, 2020|Family Business|

Piramal Group to partner with foreign, PSU banks for co-lending https://www.livemint.com/companies/news/piramal-group-may-partner-with-foreign-psu-banks-for-co-lending-11580879143126.html GMR Group to operate Bidar airport https://www.thehindubusinessline.com/economy/logistics/gmr-signs-pact-to-run-bidar-airport-in-karnataka/article30725551.ece JSW Steel bags Ganua iron ore mine in Odisha https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/jsw-steel-bags-ganua-iron-ore-mine-in-odisha/articleshow/73962303.cms 7 Tata group companies building sustainable mobility ecosystem: Chandrasekaran https://www.livemint.com/companies/news/7-tata-group-companies-building-sustainable-mobility-ecosystem-chandrasekaran-11580876568767.html Family Offices to get Tactical, Digital and [...]

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Family Business Updates: January 30, 2020
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By | January 30, 2020|Family Business|

JSW Infra signs concession pact for container terminal at NMPT; to invest Rs. 300 crore-https://www.thehindubusinessline.com/companies/jsw-infra-signs-concession-pact-for-container-terminal-at-nmpt-to-invest-300-crore/article30682783.ece RIL approaches NHAI for offering waste plastic-to-road technology - https://www.business-standard.com/article/pti-stories/ril-approaches-nhai-for-offering-waste-plastic-to-road-technology-120012900610_1.html Bajaj Auto: Net profit jumps to ₹1,262 crore- https://www.livemint.com/companies/company-results/bajaj-auto-q3-results-net-profit-jumps-to-rs-1-262-crore-11580369990488.html Family firms important for sustainability, says expert- https://www.cambridgenetwork.co.uk/news/family-firms-important-sustainability-says-expert Cipla, PAG eye Wockhardt’s formulations business-https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/cipla-pag-eye-wockhardts-formulations-business/articleshow/73683630.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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Family Business Updates: January 24, 2020
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By | January 24, 2020|Family Business|

Task cut out for Lakshmi Mittal's son Aditya to expand business empire in India https://www.businesstoday.in/current/corporate/task-cut-out-for-lakshmi-mittal-son-aditya-to-expand-business-empire-in-india/story/393819.html   Tata-led group may rejig investment in GMR Airports to meet regulatory norm https://www.livemint.com/companies/news/tata-led-consortium-may-dilute-gmr-airports-stake-to-meet-regulatory-limit-on-shareholding-11579195598195.html   Increased Women Participation In Family Businesses In India: Research https://www.shethepeople.tv/its-her-business/women-participation-family-business   Adani Capital acquires Essel [...]

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Family Business Updates: January 17, 2020
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By | January 17, 2020|Family Business|

Tata Power Solar to build 250MW solar power project for NTPC https://www.thehindubusinessline.com/companies/tata-power-solar-to-build-250mw-project-for-ntpc-with-mandatory-local-sourcing/article30556609.ece Glenmark Pharmaceuticals to raise $200 million via dollar bonds https://www.livemint.com/companies/news/glenmark-pharmaceuticals-to-raise-200-millon-via-dollar-bonds-11578988872040.html JSPL's coal gasification-based DRI plant in Odisha resumes operation https://economictimes.indiatimes.com/industry/indl-goods/svs/metals-mining/jspls-coal-gasification-based-dri-plant-in-odisha-resumes-operation/articleshow/73239808.cms Funskool targets millennial parents with new brands https://www.business-standard.com/article/companies/funskool-resets-the-playground-targets-millennial-parents-with-new-brands-120011301553_1.html Shapoorji Pallonji Group raises $200 [...]

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Family Business Updates: January 10, 2020
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By | January 10, 2020|Family Business|

Hero Motors to bet big on e-vehicles for cargo deliveries: Pankaj Munjal - https://www.livemint.com/companies/people/from-kfc-to-amazon-hero-motors-to-bet-big-on-e-vehicles-for-cargo-deliveries-pankaj-munjal-11578564543182.html   LT Foods to expand into packaged snacks - https://www.thehindubusinessline.com/companies/lt-foods-bets-big-on-japanese-rice-based-snacks-to-woo-millennials/article30516264.ece   Lodha Group Clocks Sales Bookings Worth Rs 3,300 Crore - https://www.bloombergquint.com/business/lodha-group-sells-properties-worth-rs-3-300-cr-in-apr-sep-quarter   Airtel to mop up $3 billion in mega fundraising plan -  https://www.livemint.com/companies/news/bharti-airtel-launches-3-billion-fund-raise-exercise-11578496608806.html [...]

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Family Business Updates: January 03, 2020
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By | January 3, 2020|Family Business|

Mahindra & Mahindra posts rise in automobile sales -  //economictimes.indiatimes.com/articleshow/73056324.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst   Jindal Steel & Power clocks highest-ever quarterly production - https://www.thehindubusinessline.com/companies/jindal-steel-power-clocks-highest-ever-quarterly-production-in-q3/article30457870.ece  Jio diversifying into mutual funds, other financial products -https://www.livemint.com/companies/news/jio-may-diversify-into-mutual-funds-other-financial-products-11577900487760.html Ferns N Petals Is Thriving Like Never Before - https://www.entrepreneur.com/article/344406 Tata group stronger, more resilient and future [...]

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Family Business Updates: December 30, 2019
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By | December 30, 2019|Family Business|

Hiranandani and Blackstone tie up to enter warehousing business -https://www.livemint.com/companies/news/blackstone-ties-up-with-hiranandani-to-enter-warehousing-business-11577296111411.html Reliance Retail valued at $34 billion in share swap deal - https://www.business-standard.com/article/companies/mukesh-ambani-s-retail-reliance-valued-at-34-billion-in-share-swap-119122600436_1.html Family-run businesses gearing up to streamline operations -https://economictimes.indiatimes.com/news/company/corporate-trends/family-run-businesses-rush-to-streamline-operations/articleshow/72949388.cms How LVMH's Bernard Arnault stitched together a giant fortune -http://www.forbesindia.com/article/cross-border/the-100-billion-man-how-lvmhs-bernard-arnault-stitched-together-a-giant-fortune/56811/1 Ashok Leyland inks two-year deal with [...]

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Family Business Updates: December 20, 2019
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By | December 20, 2019|Family Business|

Find opportunities in disruption, says professor Kavil Ramachandran on family business - https://www.businesstoday.in/mindrush/mindrush-2019/bt-mindrush-find-opportunities-in-disruption-says-professor-kavil-ramachandran-on-family-business/story/392009.html Reliance, BP form joint venture for fuel retail under Jio-BP brand - https://economictimes.indiatimes.com/industry/energy/power/reliance-bp-sign-pact-to-set-up-petrol-pumps-under-jio-bp-brand/articleshow/72773059.cms Cousin Capital: India's Mehta Family on the Risks and Rewards of Angel Investing - http://www.campdenfb.com/article/cousin-capital-india-s-mehta-family-risks-and-rewards-angel-investing Cipla acquires brand, trademark for anti-diabetic drug [...]

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Family Business Updates: December 13, 2019
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By | December 13, 2019|Family Business|

How a simple snack took a Bikaner family from a small chawl to the list of billionaires - http://www.forbesindia.com/article/india-rich-list-2019/indias-richest-2019-haldirams-incredible-success-story/56469/1 Cholamandalam to raise ₹1,000 crore via QIP - https://www.livemint.com/companies/news/cholamandalam-to-raise-1-000-crore-via-qip-11576167702375.html Qatar to invest $450 million in Adani’s Mumbai power business -https://www.livemint.com/companies/news/qatar-to-invest-450-million-in-adani-s-mumbai-power-business-11576089613083.html   De Benedetti Family Sells Italy's Biggest Media [...]

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Family Business Updates: December 06, 2019
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By | December 6, 2019|Family Business|

Godrej Appliances to invest Rs 700 cr in capacity expansion over next 3 yrs - https://www.business-standard.com/article/pti-stories/godrej-appliances-to-invest-rs-700-cr-in-capacity-expansion-over-next-3-yrs-119112500277_1.html Welspun Groups family office acquired a majority stake in One Industrial platform- //economictimes.indiatimes.com/articleshow/72388307.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Tata Motors revs up on rising JLR sales, but the road ahead is misty-https://www.livemint.com/market/mark-to-market/tata-motors-revs-up-on-rising-jlr-sales-but-the-road-ahead-is-misty-11575570763790.html Mahindra picks 36.63% [...]

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Family Business Updates: December 02, 2019
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By | December 2, 2019|Family Business|

Mukesh Ambani first Indian with wealth of Rs 5 lakh crore - https://www.businesstoday.in/top-story/mukesh-ambani-wealth-tops-rs-5-lakh-crore-first-for-an-indian/story/391152.html Sony, RIL’s TV18 may form joint venture for entertainment business- //economictimes.indiatimes.com/articleshow/72286053.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Philanthropy is much more complex than running a business: Azim Premji -  https://economictimes.indiatimes.com/news/company/corporate-trends/philanthropy-is-much-more-complex-than-running-a-business/articleshow/72177071.cms Asia’s next generation looks outside the family business- https://www.ft.com/content/08b2e4f8-efff-11e9-a55a-30afa498db1b Arnault Family [...]

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Family Business Updates: November 22, 2019
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By | November 22, 2019|Family Business|

Sony in talks to buy stake in Mukesh Ambani's Network18 TV media group - https://www.business-standard.com/article/companies/sony-in-talks-to-buy-stake-in-mukesh-ambani-s-network18-tv-media-group-119112100508_1.html Wingreens Farms raises ₹125 cr from responsAbility Investments, Sequoia India - https://www.livemint.com/companies/news/wingreens-farms-raises-rs-125-cr-from-responsability-investments-sequoia-india-11574135095189.html Wipro, Finland varsity sign pact to develop 5G, 6G wireless technologies - https://www.business-standard.com/article/news-ani/wipro-signs-pact-with-finland-s-university-on-5g-6g-technologies-119111901272_1.html Changing times are impacting family businesses worldwide- https://economictimes.indiatimes.com/news/company/corporate-trends/changing-times-are-impacting-family-businesses-worldwide/articleshow/71935809.cms?from=mdr Family [...]

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Family Business Updates: November 15, 2019
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By | November 15, 2019|Family Business|

Isha Ambani to Rishad Premji: Seven next-gen tycoons furthering family businesses  -  http://www.forbesindia.com/article/india-rich-list-2019/isha-ambani-to-rishad-premji-seven-nextgen-tycoons-furthering-family-businesses/55985/1 From Medimix to Bare Anatomy, consistency proves key for business triumph ⁠— https://yourstory.com/smbstory/from-medimix-to-bare-anatomy-consistency-proves-ke Ayala Corp. investing $237.5M in Myanmar conglomerate Yoma Group - https://business.inquirer.net/283304/ayala-corp-investing-237-5m-in-myanmar-conglomerate-yoma-group#ixzz65FDjQobu How Filipino Tycoon John Gokongwei Jr Challenged his Next Generation [...]

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