{"id":1338,"date":"2020-07-03T04:35:57","date_gmt":"2020-07-03T04:35:57","guid":{"rendered":"http:\/\/blogs.isb.edu\/centre-for-family-enterprise\/?p=1338"},"modified":"2025-12-31T09:35:38","modified_gmt":"2025-12-31T09:35:38","slug":"family-business-updates-july-3-2020","status":"publish","type":"post","link":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2020\/07\/03\/family-business-updates-july-3-2020\/","title":{"rendered":"Family Business Updates &#8211; July 3, 2020"},"content":{"rendered":"<div><strong>Murugappa Group eyes CG Power, ready to invest Rs 750 crore &#8211; The Economic Times &#8211;\u00a0https:\/\/m.economictimes.com\/markets\/stocks\/news\/murugappa-group-eyes-cg-power-ready-to-invest-rs-750-crore\/articleshow\/76729701.cms<\/strong><\/div>\n<div><\/div>\n<div><b>Sunil Mittal bids for SoftBank-backed satellite firm OneWeb &#8211;\u00a0<\/b><a id=\"LPNoLP857632\" title=\"Original URL: https:\/\/www.livemint.com\/companies\/news\/sunil-mittal-bids-for-softbank-backed-satellite-firm-oneweb-11593485729161.html. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.livemint.com%2Fcompanies%2Fnews%2Fsunil-mittal-bids-for-softbank-backed-satellite-firm-oneweb-11593485729161.html&amp;data=02%7C01%7CGnvs_Sushma%40isb.edu%7C845791f01ff64b086df508d81cba2134%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637290933035609332&amp;sdata=q%2F06iYJll%2BhhgvvCC9A7%2FAQv3l1hnI0zu6O21gD8RGs%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.livemint.com\/companies\/news\/sunil-mittal-bids-for-softbank-backed-satellite-firm-oneweb-11593485729161.html<\/a><\/div>\n<div><\/div>\n<div><b>Mukesh Ambani&#8217;s RIL set to acquire Kishore Biyani-led Future Group &#8211;<\/b><a id=\"LPlnk524987\" title=\"Original URL: https:\/\/www.businesstoday.in\/current\/corporate\/mukesh-ambani-ril-set-to-acquire-kishore-biyani-retail-business-future-group-big-bazaar\/story\/408427.html. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.businesstoday.in%2Fcurrent%2Fcorporate%2Fmukesh-ambani-ril-set-to-acquire-kishore-biyani-retail-business-future-group-big-bazaar%2Fstory%2F408427.html&amp;data=02%7C01%7CGnvs_Sushma%40isb.edu%7C845791f01ff64b086df508d81cba2134%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637290933035619328&amp;sdata=dd1JHi5f7CYcTB0MTZr1FbRBjUeh1FYs4Cip%2FV3xBsM%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.businesstoday.in\/current\/corporate\/mukesh-ambani-ril-set-to-acquire-kishore-biyani-retail-business-future-group-big-bazaar\/story\/408427.html<\/a><\/div>\n<div><\/div>\n<div><b>Aditya Birla Fashion To Launch Rs 995-Crore Rights Issue On July 8 &#8211;<\/b><a id=\"LPlnk885938\" title=\"Original URL: https:\/\/www.bloombergquint.com\/business\/aditya-birla-fashion-to-launch-rs-995-crore-rights-issue-on-july-8. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.bloombergquint.com%2Fbusiness%2Faditya-birla-fashion-to-launch-rs-995-crore-rights-issue-on-july-8&amp;data=02%7C01%7CGnvs_Sushma%40isb.edu%7C845791f01ff64b086df508d81cba2134%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637290933035619328&amp;sdata=bvN3hnj7%2FhIjW7GQgwKofQmmUNDg8RP6c9vXZZmKMQc%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.bloombergquint.com\/business\/aditya-birla-fashion-to-launch-rs-995-crore-rights-issue-on-july-8<\/a><\/div>\n<div><\/div>\n<div><b>MRF net profit jumps to \u20b9669 cr in fourth quarter &#8211;<\/b><a id=\"LPNoLP106321\" title=\"Original URL: https:\/\/www.thehindubusinessline.com\/companies\/mrf-net-profit-jumps-to-669-cr-in-fourth-quarter\/article31946918.ece#:~:text=Leading%20tyre%20maker%20MRF%20has,crore%20(%E2%82%B91%2C609%20crore). Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https:%2F%2Fwww.thehindubusinessline.com%2Fcompanies%2Fmrf-net-profit-jumps-to-669-cr-in-fourth-quarter%2Farticle31946918.ece%23:~:text%3DLeading%2520tyre%2520maker%2520MRF%2520has%2Ccrore%2520(%25E2%2582%25B91%252C609%2520crore)&amp;data=02%7C01%7CGnvs_Sushma%40isb.edu%7C845791f01ff64b086df508d81cba2134%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637290933035629324&amp;sdata=TImVn%2FaxiDG2RIHHwM8UjIfl6pUqFW3AtsVqd9at%2Bgg%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.thehindubusinessline.com\/companies\/mrf-net-profit-jumps-to-669-cr-in-fourth-quarter\/article31946918.ece#:~:text=Leading%20tyre%20maker%20MRF%20has,crore%20(%E2%82%B91%2C609%20crore)<\/a>.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Murugappa Group eyes CG Power, ready to invest Rs 750 crore &#8211; The Economic Times &#8211;\u00a0https:\/\/m.economictimes.com\/markets\/stocks\/news\/murugappa-group-eyes-cg-power-ready-to-invest-rs-750-crore\/articleshow\/76729701.cms Sunil Mittal bids for SoftBank-backed satellite firm OneWeb &#8211;\u00a0https:\/\/www.livemint.com\/companies\/news\/sunil-mittal-bids-for-softbank-backed-satellite-firm-oneweb-11593485729161.html Mukesh Ambani&#8217;s RIL set to acquire Kishore Biyani-led Future Group &#8211;https:\/\/www.businesstoday.in\/current\/corporate\/mukesh-ambani-ril-set-to-acquire-kishore-biyani-retail-business-future-group-big-bazaar\/story\/408427.html Aditya Birla Fashion To Launch Rs 995-Crore Rights Issue On July 8 &#8211;https:\/\/www.bloombergquint.com\/business\/aditya-birla-fashion-to-launch-rs-995-crore-rights-issue-on-july-8 MRF net profit jumps to \u20b9669 [&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>Family Business Updates - July 3, 2020 - Thomas Schmidheiny Centre for Family Enterprise<\/title>\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\/2020\/07\/03\/family-business-updates-july-3-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Family Business Updates - July 3, 2020 - Thomas Schmidheiny Centre for Family Enterprise\" \/>\n<meta property=\"og:description\" content=\"Murugappa Group eyes CG Power, ready to invest Rs 750 crore &#8211; The Economic Times &#8211;\u00a0https:\/\/m.economictimes.com\/markets\/stocks\/news\/murugappa-group-eyes-cg-power-ready-to-invest-rs-750-crore\/articleshow\/76729701.cms Sunil Mittal bids for SoftBank-backed satellite firm OneWeb &#8211;\u00a0https:\/\/www.livemint.com\/companies\/news\/sunil-mittal-bids-for-softbank-backed-satellite-firm-oneweb-11593485729161.html Mukesh Ambani&#8217;s RIL set to acquire Kishore Biyani-led Future Group &#8211;https:\/\/www.businesstoday.in\/current\/corporate\/mukesh-ambani-ril-set-to-acquire-kishore-biyani-retail-business-future-group-big-bazaar\/story\/408427.html Aditya Birla Fashion To Launch Rs 995-Crore Rights Issue On July 8 &#8211;https:\/\/www.bloombergquint.com\/business\/aditya-birla-fashion-to-launch-rs-995-crore-rights-issue-on-july-8 MRF net profit jumps to \u20b9669 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2020\/07\/03\/family-business-updates-july-3-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Thomas Schmidheiny Centre for Family Enterprise\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-03T04:35:57+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-31T09:35:38+00:00\" \/>\n<meta name=\"author\" content=\"Editorial team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editorial team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2020\/07\/03\/family-business-updates-july-3-2020\/\",\"url\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2020\/07\/03\/family-business-updates-july-3-2020\/\",\"name\":\"Family Business Updates - July 3, 2020 - Thomas Schmidheiny Centre for Family Enterprise\",\"isPartOf\":{\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#website\"},\"datePublished\":\"2020-07-03T04:35:57+00:00\",\"dateModified\":\"2025-12-31T09:35:38+00:00\",\"author\":{\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#\/schema\/person\/36b0b1fce0228ee6b0380926861571cc\"},\"breadcrumb\":{\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2020\/07\/03\/family-business-updates-july-3-2020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2020\/07\/03\/family-business-updates-july-3-2020\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2020\/07\/03\/family-business-updates-july-3-2020\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Family Business Updates &#8211; July 3, 2020\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#website\",\"url\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/\",\"name\":\"Thomas Schmidheiny Centre for Family Enterprise\",\"description\":\"Creating value for families and businesses through research and innovation\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#\/schema\/person\/36b0b1fce0228ee6b0380926861571cc\",\"name\":\"Editorial team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/20fb226145337a9ce5d93494a13b2d55?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/20fb226145337a9ce5d93494a13b2d55?s=96&d=mm&r=g\",\"caption\":\"Editorial team\"},\"sameAs\":[\"https:\/\/blogs.isb.edu\"],\"url\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/author\/isb_blog_user_admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Family Business Updates - July 3, 2020 - Thomas Schmidheiny Centre for Family Enterprise","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2020\/07\/03\/family-business-updates-july-3-2020\/","og_locale":"en_US","og_type":"article","og_title":"Family Business Updates - July 3, 2020 - Thomas Schmidheiny Centre for Family Enterprise","og_description":"Murugappa Group eyes CG Power, ready to invest Rs 750 crore &#8211; The Economic Times &#8211;\u00a0https:\/\/m.economictimes.com\/markets\/stocks\/news\/murugappa-group-eyes-cg-power-ready-to-invest-rs-750-crore\/articleshow\/76729701.cms Sunil Mittal bids for SoftBank-backed satellite firm OneWeb &#8211;\u00a0https:\/\/www.livemint.com\/companies\/news\/sunil-mittal-bids-for-softbank-backed-satellite-firm-oneweb-11593485729161.html Mukesh Ambani&#8217;s RIL set to acquire Kishore Biyani-led Future Group &#8211;https:\/\/www.businesstoday.in\/current\/corporate\/mukesh-ambani-ril-set-to-acquire-kishore-biyani-retail-business-future-group-big-bazaar\/story\/408427.html Aditya Birla Fashion To Launch Rs 995-Crore Rights Issue On July 8 &#8211;https:\/\/www.bloombergquint.com\/business\/aditya-birla-fashion-to-launch-rs-995-crore-rights-issue-on-july-8 MRF net profit jumps to \u20b9669 [&hellip;]","og_url":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2020\/07\/03\/family-business-updates-july-3-2020\/","og_site_name":"Thomas Schmidheiny Centre for Family Enterprise","article_published_time":"2020-07-03T04:35:57+00:00","article_modified_time":"2025-12-31T09:35:38+00:00","author":"Editorial team","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Editorial team","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2020\/07\/03\/family-business-updates-july-3-2020\/","url":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2020\/07\/03\/family-business-updates-july-3-2020\/","name":"Family Business Updates - July 3, 2020 - Thomas Schmidheiny Centre for Family Enterprise","isPartOf":{"@id":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#website"},"datePublished":"2020-07-03T04:35:57+00:00","dateModified":"2025-12-31T09:35:38+00:00","author":{"@id":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#\/schema\/person\/36b0b1fce0228ee6b0380926861571cc"},"breadcrumb":{"@id":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2020\/07\/03\/family-business-updates-july-3-2020\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2020\/07\/03\/family-business-updates-july-3-2020\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2020\/07\/03\/family-business-updates-july-3-2020\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/"},{"@type":"ListItem","position":2,"name":"Family Business Updates &#8211; July 3, 2020"}]},{"@type":"WebSite","@id":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#website","url":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/","name":"Thomas Schmidheiny Centre for Family Enterprise","description":"Creating value for families and businesses through research and innovation","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#\/schema\/person\/36b0b1fce0228ee6b0380926861571cc","name":"Editorial team","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/20fb226145337a9ce5d93494a13b2d55?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/20fb226145337a9ce5d93494a13b2d55?s=96&d=mm&r=g","caption":"Editorial team"},"sameAs":["https:\/\/blogs.isb.edu"],"url":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/author\/isb_blog_user_admin\/"}]}},"_links":{"self":[{"href":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/wp-json\/wp\/v2\/posts\/1338"}],"collection":[{"href":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/wp-json\/wp\/v2\/comments?post=1338"}],"version-history":[{"count":1,"href":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/wp-json\/wp\/v2\/posts\/1338\/revisions"}],"predecessor-version":[{"id":1844,"href":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/wp-json\/wp\/v2\/posts\/1338\/revisions\/1844"}],"wp:attachment":[{"href":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/wp-json\/wp\/v2\/media?parent=1338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/wp-json\/wp\/v2\/categories?post=1338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/wp-json\/wp\/v2\/tags?post=1338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}