Family Business Updates : November 27, 2020

By | November 27, 2020|Family Business|

ELGi Equipments sets up new Headquarters in North Carolina - https://economictimes.indiatimes.com/industry/indl-goods/svs/engineering/new-hq-for-elgi-in-north-carolina/articleshow/79388793.cms Emami looks to tap shift to homegrown brands - https://www.business-standard.com/article/companies/emami-looks-to-tap-shift-to-homegrown-brands-after-atmanirbhar-campaign-120112300015_1.html JSW owned Shiva Cement to invest Rs 1,500 crore - https://economictimes.indiatimes.com/industry/indl-goods/svs/cement/jsw-cement-arm-to-invest-over-rs-1500-crore-to-set-up-clinker-unit-in-odisha/articleshow/79408341.cms Gen Next to the fore in Murugappa Group recast - https://www.fortuneindia.com/people/gen-next-at-the-helm-in-new-murugappa-group-structure/104854  Apollo Tyres lines up capital expenditure of Rs 2,600 cr for FY21, FY22 - https://www.business-standard.com/article/companies/apollo-tyres-lines-up-capital-expenditure-of-rs-2-600-cr-for-fy21-fy22-120112300248_1.html

Family Business Updates – November 20, 2020

By | November 23, 2020|Family Business|

Titan's jewellery business reports 15% growth on festival-linked demand - https://www.livemint.com/companies/news/titan-s-jewellery-business-reports-15-growth-on-festival-linked-demand-11605769268946.html  Hero MotoCorp sells over 43,000 units per day over 32 days of festivities -https://auto.hindustantimes.com/auto/two-wheelers/hero-motocorp-sells-over-43-000-units-per-day-over-32-days-of-festivities-41605709230037.html Reliance Retail acquires Urban Ladder-https://www.thehindu.com/business/Industry/reliance-retail-acquires-urban-ladder/article33101392.ece JSW to gain control of 3 bulk cargo terminals by buying Chettinad Builders for ₹960 crore-https://www.thehindubusinessline.com/economy/logistics/jsw-to-gain-control-of-3-bulk-cargo-terminals-by-buying-chettinad-builders-for-960-crore/article33077281.ece Next-gen technologies will drive company's growth: Wipro CEO-https://www.livemint.com/companies/people/next-gen-technologies-will-drive-company-s-growth-wipro-ceo-11605714356072.html

Family Business Updates – November 13, 2020

By | November 13, 2020|Family Business|

Godrej Group Launches Housing Finance Arm https://www.bloombergquint.com/business/godrej-group-launches-housing-finance-arm-home-loans-to-start-at-669  Aurobindo Pharma Q2 net profit up 26% to Rs. 805.65 crore https://www.livemint.com/companies/company-results/aurobindo-pharma-q2-net-profit-up-26-to-rs-805-65-crore-11605112055937.html My father always believed he was a trustee of his wealth and not an owner: Rishad Premji, Wipro https://www.timesnownews.com/business-economy/companies/article/my-father-always-believed-he-was-a-trustee-of-his-wealth-and-not-a-owner-rishad-premji/680501 Vellayan Subbiah appointed new chairman of Cholamandalam Investment https://www.thehindu.com/business/Industry/vellayan-subbiah-appointed-new-chairman-of-chola/article33072834.ece Tata group in talks to pick up majority [...]

Family Business Updates – November 6, 2020

By | November 6, 2020|Family Business|

Pidilite Industries completes acquisition of Huntsman Group's Indian subsidiary for Rs 2,100 cr https://economictimes.indiatimes.com/markets/stocks/news/pidilite-industries-completes-acquisition-of-huntsman-groups-indian-subsidiary-for-rs-2100-cr/articleshow/79038359.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Aditya Birla Capital Q2 net profit rises to ₹264 crore https://www.livemint.com/companies/company-results/aditya-birla-capital-q2-net-up-3-at-rs-264-crore-11604578092002.html   JSPL wins back Gare Palma-IV/1 mine on day three of coal auctions https://www.business-standard.com/article/companies/jspl-wins-back-gare-palma-iv-1-mine-on-day-three-of-coal-auctions-120110401702_1.html#:~:text=In%20a%20d%C3%A9j%C3%A0%20vu%20of,1%20coal%20mine%20in%20Chhattisgarh.&text=In%202019%2C%20JSPL%20won%20this,bid%20to%20be%20%E2%80%9Clow%E2%80%9D.   Shiv Nadar University, Chennai launched https://www.thehindubusinessline.com/news/education/shiv-nadar-university-chennai-launched-admissions-open-in-april-2021/article32971118.ece Saudi PIF to invest $1.3 billion in Reliance Retail [...]

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