Family Business Updates – May 20, 2022

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 segments -https://www.thehindubusinessline.com/companies/murugappa-groups-tube-investments-charts-entry-into-new-business-segments/article65411748.ece Tata in acquisition talks with as many as [...]

Family Business Updates – May 13, 2022

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 deal with France-based Crédit Agricole https://economictimes.indiatimes.com/tech/information-tech/wipro-renews-it-transformation-deal-with-france-based-crdit-agricole/articleshow/91471109.cms Dr. Reddy’s, South Korean [...]

Family Business Updates – May 06, 2022

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 can change healthcare with Connected Ambulance https://timesofindia.indiatimes.com/gadgets-news/airtel-apollo-hospitals-and-cisco-team-to-showcase-how-5g-can-change-healthcare-with-connected-ambulance/articleshow/91153658.cms Acquisitions are complementing [...]

Family Business Updates – April 29, 2022

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 acquire Citec for $101 mn https://www.livemint.com/companies/news/cyient-to-acquire-product-engineering-firm-citec-for-94-million-11650863248298.html TCS to take decade-long [...]

Family Business Updates – April 22, 2022

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 Reliance picks up majority stake in homegrown designer label Abu [...]

Family Business Updates – April 18, 2022

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 bidder for limestone block in Karnataka https://www.business-standard.com/article/companies/ultratech-cement-emerges-preferred-bidder-for-limestone-block-in-karnataka-122041101195_1.html HCL Technologies, Avaloq [...]

Family Business Updates – April 08, 2022

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 https://www.businesstoday.in/magazine/corporate/story/daburs-burmans-set-to-take-over-eveready-328361-2022-04-02 Adani Enterprises acquires minority stake in Israel based - [...]

Family Business Updates – April 01, 2022

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 portfolio https://www.livemint.com/companies/godrej-properties-inks-multiple-land-deals-to-expand-housing-portfolio-11648651357929.html  Dalmia Bharat Refractories eyeing 20-25 per cent growth [...]

Family Business Updates – March 25, 2022

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 https://www.businesstoday.in/magazine/corporate/story/how-adani-wilmar-became-indias-second-largest-fmcg-firm-326608-2022-03-23 Bajaj Electricals extends licence pact with Morphy Richards for [...]

Family Business Updates – March 17, 2022

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 1,500 crore https://www.moneycontrol.com/news/business/real-estate/welspun-one-logistics-parks-signs-mou-with-the-government-of-haryana-to-invest-rs-1500-crore-8233971.html Piramal Capital ties up with IMGC to [...]

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