{"id":1002,"date":"2018-12-27T13:21:34","date_gmt":"2018-12-27T13:21:34","guid":{"rendered":"http:\/\/blogs.isb.edu\/centre-for-family-enterprise\/?p=1002"},"modified":"2025-12-31T09:37:32","modified_gmt":"2025-12-31T09:37:32","slug":"family-businesses-updates","status":"publish","type":"post","link":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2018\/12\/27\/family-businesses-updates\/","title":{"rendered":"Tata Motors\u2019 turnaround in 2018..Why Family Businesses are Better Equipped to go Global?"},"content":{"rendered":"<div>2018 has been a good year for\u00a0<a href=\"https:\/\/www.financialexpress.com\/auto\/new-cars\/tata\/\" target=\"_blank\" rel=\"noopener\">Tata<\/a>\u00a0Motor\u2019s Passenger Vehicle business, coming out of their corner swinging at the Auto Expo 2018, with the showcase of two all-new products that grabbed the public eye and brought attention to the Tata Motors brand.<\/div>\n<div><b>Tata Motors\u2019 amazing turnaround in 2018!<\/b><\/div>\n<div><a id=\"LPlnk399232\" class=\"x_OWAAutoLink\" title=\"Original URL: https:\/\/www.financialexpress.com\/auto\/car-news\/tata-motors-amazing-turnaround-in-2018-more-in-store-after-the-stunning-harrier\/1425263\/ Click or tap if you trust this link.\" href=\"https:\/\/apac01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.financialexpress.com%2Fauto%2Fcar-news%2Ftata-motors-amazing-turnaround-in-2018-more-in-store-after-the-stunning-harrier%2F1425263%2F&amp;data=02%7C01%7C%7C60a6f92a91d64a4a332e08d66bd09d6c%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C636814941061501907&amp;sdata=WsspW85kdWlI5AE29Ujv%2FqPrV24H3GktzgzHLfWhMF0%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.financialexpress.com\/auto\/car-news\/tata-motors-amazing-turnaround-in-2018-more-in-store-after-the-stunning-harrier\/1425263\/<\/a><\/div>\n<div><\/div>\n<div>\n<div>Piramal Enterprises Monday said it plans to raise Rs 2,500 crore by issuing non-convertible debentures (NCDs) on private placement basis.<br \/>\nThe administrative committee of the company&#8217;s board has approved allotment of 25,000 secured redeemable NCDs having face value of Rs 10 lakh each, aggregating to Rs 2,500 crore on private placement basis, Piramal Enterprises said in a BSE filing<br \/>\n<b>Piramal Enterprises to raise Rs 2,500 crore\u00a0<\/b><\/div>\n<\/div>\n<div><\/div>\n<div><a id=\"LPlnk560423\" class=\"x_OWAAutoLink\" title=\"Original URL: https:\/\/economictimes.indiatimes.com\/markets\/stocks\/news\/piramal-enterprises-to-raise-rs-2500-crore-via-ncds\/articleshow\/67228692.cms Click or tap if you trust this link.\" href=\"https:\/\/apac01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Fstocks%2Fnews%2Fpiramal-enterprises-to-raise-rs-2500-crore-via-ncds%2Farticleshow%2F67228692.cms&amp;data=02%7C01%7C%7C60a6f92a91d64a4a332e08d66bd09d6c%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C636814941061501907&amp;sdata=PzWeYJIX3HgisQ2Bj5HcXvcWB%2BJUiIKTFrQsFB99Pjw%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/economictimes.indiatimes.com\/markets\/stocks\/news\/piramal-enterprises-to-raise-rs-2500-crore-via-ncds\/articleshow\/67228692.cms<\/a><\/div>\n<p>As per estimates, over 90 per cent of the business in India is from family owned companies. And these range from the &#8216;Mom and Pop&#8217; Kirana stores to large conglomerates and SME&#8217;s. India has about 111 publicly-listed family-owned businesses, the third highest in the world. China tops the tally with 159 such companies followed by the US with 121.<br \/>\nWhat does all this mean? If we have to look at the top 500 family businesses worldwide as a separate entity, they will constitute the third-largest economy considering that the combined annual sales amounted to $6.5 trillion.<\/p>\n<p><b>Why Family Businesses are Better Equipped to go Global?<\/b><\/p>\n<div><\/div>\n<div><a id=\"LPlnk692332\" class=\"x_OWAAutoLink\" title=\"Original URL: https:\/\/economictimes.indiatimes.com\/familybusinessforum\/insights\/why-family-businesses-are-better-equipped-to-go-global\/familybusinessforum_show\/66860347.cms Click or tap if you trust this link.\" href=\"https:\/\/apac01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Feconomictimes.indiatimes.com%2Ffamilybusinessforum%2Finsights%2Fwhy-family-businesses-are-better-equipped-to-go-global%2Ffamilybusinessforum_show%2F66860347.cms&amp;data=02%7C01%7C%7C60a6f92a91d64a4a332e08d66bd09d6c%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C636814941061501907&amp;sdata=6fZo1JdkTXdI8XwoCkAiV8Q4LSorgo5iVRzyy39%2F5EU%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/economictimes.indiatimes.com\/familybusinessforum\/insights\/why-family-businesses-are-better-equipped-to-go-global\/familybusinessforum_show\/66860347.cms<\/a><\/div>\n<p>&nbsp;<\/p>\n<p>Yesterday, it was the business as family. Today, it is the family as business. And tomorrow, it will be the business of the family to ensure that there is a future for both the business and the family.<\/p>\n<p><b>India&#8217;s Business Families: Redefining the roles<\/b><\/p>\n<div><\/div>\n<div><a id=\"LPlnk780446\" class=\"x_OWAAutoLink\" title=\"Original URL: https:\/\/www.businesstoday.in\/magazine\/cover-story\/indias-business-families\/story\/16717.html Click or tap if you trust this link.\" href=\"https:\/\/apac01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.businesstoday.in%2Fmagazine%2Fcover-story%2Findias-business-families%2Fstory%2F16717.html&amp;data=02%7C01%7C%7C60a6f92a91d64a4a332e08d66bd09d6c%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C636814941061501907&amp;sdata=6kPaAg98e%2F%2F%2FLJEzjrrVQvV1heshNjpsyLDXJNqRZm8%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.businesstoday.in\/magazine\/cover-story\/indias-business-families\/story\/16717.html<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>2018 has been a good year for\u00a0Tata\u00a0Motor\u2019s Passenger Vehicle business, coming out of their corner swinging at the Auto Expo 2018, with the showcase of two all-new products that grabbed the public eye and brought attention to the Tata Motors brand. Tata Motors\u2019 amazing turnaround in 2018! https:\/\/www.financialexpress.com\/auto\/car-news\/tata-motors-amazing-turnaround-in-2018-more-in-store-after-the-stunning-harrier\/1425263\/ Piramal Enterprises Monday said it plans to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false},"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tata Motors\u2019 turnaround in 2018.. - Family Business Blog<\/title>\n<meta name=\"description\" content=\"Tata Motors\u2019 amazing turnaround in 2018...Piramal Enterprises to raise Rs 2,500 crore..India&#039;s Business Families:Redefining the roles.Read more in this blog\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2018\/12\/27\/family-businesses-updates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tata Motors\u2019 turnaround in 2018.. - 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