Family Business Updates : May 22, 2020

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 for generic version of asthma drug-https://economictimes.indiatimes.com/industry/healthcare/biotech/pharmaceuticals/cipla-submits-application-with-usfda-for-generic-version-of-asthma-drug/articleshow/75798947.cms ATS ELGi launches vehicle [...]

Family Business Updates, May 15, 2020

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 jumps 109% despite coronavirus lockdown- https://www.businesstoday.in/current/corporate/jindal-steel-export-sales-jumps-109-during-coronavirus-pandemic/story/402921.html

Family Business Updates – May 08, 2020

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 at all factories -https://www.thehindubusinessline.com/companies/kec-international-resumes-operations-at-all-factories/article31469615.ece JSW Paints launches program to help [...]

Family Business Updates: April 30 2020

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 issue NCDs to raise Rs 5,700 crores https://www.business-standard.com/article/companies/piramal-tata-motors-coastal-gujarat-to-issue-ncds-to-raise-rs-5-700-crore-120042801616_1.html

Family Business Updates: April 24 2020

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 tie up to set up innovation centres- https://www.livemint.com/companies/news/tech-mahindra-ibm-tie-up-to-set-up-innovation-centres-11587455899341.html Pandemic prescription: Resolve, [...]

Family Business Updates: April 17 2020

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 during the lockdown and became the 2nd richest man in [...]

Family Business Updates: April 10, 2020

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 in grooming the GenNext to take up reins in a [...]

Family Business Updates: April 04, 2020

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 Health scare forces work from home, but is India Inc [...]

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

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 COVID-19, donates 5 crore rupees to Maharashtra CM relief fund [...]

Family Business Updates: March 20, 2020

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 $100 million https://www.financialexpress.com/market/gateway-partners-to-pick-up-minority-stake-in-tvs-supply-chain-for-100-million/1899876/ Emami promoters to buyback shares, raise stake [...]

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