Family Business

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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The Family Business Resilience Levers in Extraordinary Times
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By | September 8, 2021|Admissions, Family Business, ISB, ISB Alumni, PGP MFAB, Thought Leadership|

  The current global pandemic induced by Covid-19 has brought disruptions of unparallel magnitude in recent times. As the world reels through these unprecedented times, family businesses around the world are evolving rapidly to cater the new realities and are developing new ways to deal [...]

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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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Values in Family Business & Next-Generation Leadership Development
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By | August 25, 2021|Admissions, Family Business, ISB, PGP MFAB, student diaries|

Family Businesses are the most prevalent form of business around the world & as well as the most complex system of organisation management. The three sub-systems namely family, business & owners make management of family business a multifarious task with internal pressures, external pulls, and [...]

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Why Family Businesses outperform other businesses?
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By | August 25, 2021|Admissions, Family Business, ISB, PGP MFAB, student diaries|

Family businesses are the most prevalent form of business around the world. Various studies conducted in the last few years indicate that family enterprises are more successful than their non-family counterparts. For instance, research in large, publicly-traded, family-controlled firms revealed that their long-term financial performance [...]

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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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