{"id":1361,"date":"2020-08-14T03:54:36","date_gmt":"2020-08-14T03:54:36","guid":{"rendered":"http:\/\/blogs.isb.edu\/centre-for-family-enterprise\/?p=1361"},"modified":"2025-12-31T09:35:30","modified_gmt":"2025-12-31T09:35:30","slug":"family-business-updates-august-14-2020","status":"publish","type":"post","link":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2020\/08\/14\/family-business-updates-august-14-2020\/","title":{"rendered":"Family Business Updates &#8211; August 14, 2020"},"content":{"rendered":"<p><b>Mukesh Ambani to set up family council as part of succession planning &#8211;\u00a0\u00a0<\/b><a id=\"LPNoLPOWALinkPreview_3\" title=\"Original URL: https:\/\/www.hindustantimes.com\/business-news\/ambani-to-set-up-family-council-as-part-of-succession-planning\/story-NsTY1i4ujcgCaY1Sv4XDpK.html. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.hindustantimes.com%2Fbusiness-news%2Fambani-to-set-up-family-council-as-part-of-succession-planning%2Fstory-NsTY1i4ujcgCaY1Sv4XDpK.html&amp;data=02%7C01%7CGnvs_Sushma%40isb.edu%7C086b7969fb8b42b1656008d83fd9c9ff%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637329551919993443&amp;sdata=oKzM0qSf%2F5Ugi%2BbeuP5Ir2qriyiYGldsDKWNocoPYkk%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.hindustantimes.com\/business-news\/ambani-to-set-up-family-council-as-part-of-succession-planning\/story-NsTY1i4ujcgCaY1Sv4XDpK.html<\/a><\/p>\n<p><strong>SC ruling on daughters&#8217; rights, a wake-up call to family businesses-\u00a0\u00a0<\/strong>http:\/\/myimpact.in\/impact\/clip_new.php?id=0ee60b2dddc3dcd1bcd5a0c39a9fff5a&amp;id2=9c058240ef2752e73d433eb4e246e2d6<\/p>\n<div><\/div>\n<div><b>Pirojsha Godrej to steer Godrej\u2019s foray into financial services through Godrej Housing Finance &#8211;<\/b><a id=\"LPNoLPOWALinkPreview_3\" title=\"Original URL: https:\/\/m.economictimes.com\/industry\/banking\/finance\/pirojsha-godrej-to-steer-godrejs-foray-into-financial-services-through-godrej-housing-finance\/articleshow\/77491997.cms. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fm.economictimes.com%2Findustry%2Fbanking%2Ffinance%2Fpirojsha-godrej-to-steer-godrejs-foray-into-financial-services-through-godrej-housing-finance%2Farticleshow%2F77491997.cms&amp;data=02%7C01%7CGnvs_Sushma%40isb.edu%7C086b7969fb8b42b1656008d83fd9c9ff%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637329551919993443&amp;sdata=4eCn0akq%2BhS4FnpHZmX0Sjb67fghDZoaxbAptQQOgbk%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/m.economictimes.com\/industry\/banking\/finance\/pirojsha-godrej-to-steer-godrejs-foray-into-financial-services-through-godrej-housing-finance\/articleshow\/77491997.cms<\/a><\/div>\n<div><\/div>\n<div><b>Aurobindo Pharma net profit up 23% at \u20b9781 cr &#8211;<\/b><a id=\"LPNoLPOWALinkPreview_2\" title=\"Original URL: https:\/\/www.thehindubusinessline.com\/companies\/aurobindo-pharma-q1-net-up-23-at-781-cr\/article32341065.ece. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.thehindubusinessline.com%2Fcompanies%2Faurobindo-pharma-q1-net-up-23-at-781-cr%2Farticle32341065.ece&amp;data=02%7C01%7CGnvs_Sushma%40isb.edu%7C086b7969fb8b42b1656008d83fd9c9ff%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637329551920003441&amp;sdata=kQcDAHJQsI36XrSwqbtgOKRM7nIAhRZNHpFxCamztH8%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.thehindubusinessline.com\/companies\/aurobindo-pharma-q1-net-up-23-at-781-cr\/article32341065.ece<\/a><\/div>\n<div class=\"x__Entity x__EType_OWALinkPreview x__EId_OWALinkPreview_2 x__EReadonly_1\"><\/div>\n<p><b>Tube Investments to take control of CG Power-<\/b><a id=\"LPNoLPOWALinkPreview_1\" title=\"Original URL: https:\/\/www.vccircle.com\/tube-investments-to-take-control-of-kkr-backed-cg-power\/. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.vccircle.com%2Ftube-investments-to-take-control-of-kkr-backed-cg-power%2F&amp;data=02%7C01%7CGnvs_Sushma%40isb.edu%7C086b7969fb8b42b1656008d83fd9c9ff%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637329551920013440&amp;sdata=vzJaY6OdgXZ1zv7s55crMIqWsDT3QFRblD7CwbsHims%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.vccircle.com\/tube-investments-to-take-control-of-kkr-backed-cg-power\/<\/a><\/p>\n<div class=\"x__Entity x__EType_OWALinkPreview x__EId_OWALinkPreview_1 x__EReadonly_1\"><b>Dalmia Bharat net profit rises 24% to Rs 188 cr &#8211;<\/b><a id=\"LPNoLPOWALinkPreview_0\" title=\"Original URL: https:\/\/m.economictimes.com\/markets\/stocks\/earnings\/dalmia-bharat-q1-results-net-profit-up-24-to-rs-188-cr\/articleshow\/77399826.cms. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fm.economictimes.com%2Fmarkets%2Fstocks%2Fearnings%2Fdalmia-bharat-q1-results-net-profit-up-24-to-rs-188-cr%2Farticleshow%2F77399826.cms&amp;data=02%7C01%7CGnvs_Sushma%40isb.edu%7C086b7969fb8b42b1656008d83fd9c9ff%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637329551920013440&amp;sdata=k7cjU4b5Ewolo%2BjckOQLdzUda8C0fMqKeh4UwKZPo%2BU%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/m.economictimes.com\/markets\/stocks\/earnings\/dalmia-bharat-q1-results-net-profit-up-24-to-rs-188-cr\/articleshow\/77399826.cms<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mukesh Ambani to set up family council as part of succession planning &#8211;\u00a0\u00a0https:\/\/www.hindustantimes.com\/business-news\/ambani-to-set-up-family-council-as-part-of-succession-planning\/story-NsTY1i4ujcgCaY1Sv4XDpK.html SC ruling on daughters&#8217; rights, a wake-up call to family businesses-\u00a0\u00a0http:\/\/myimpact.in\/impact\/clip_new.php?id=0ee60b2dddc3dcd1bcd5a0c39a9fff5a&amp;id2=9c058240ef2752e73d433eb4e246e2d6 Pirojsha Godrej to steer Godrej\u2019s foray into financial services through Godrej Housing Finance &#8211;https:\/\/m.economictimes.com\/industry\/banking\/finance\/pirojsha-godrej-to-steer-godrejs-foray-into-financial-services-through-godrej-housing-finance\/articleshow\/77491997.cms Aurobindo Pharma net profit up 23% at \u20b9781 cr &#8211;https:\/\/www.thehindubusinessline.com\/companies\/aurobindo-pharma-q1-net-up-23-at-781-cr\/article32341065.ece Tube Investments to take control of CG [&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 - August 14, 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\/08\/14\/family-business-updates-august-14-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Family Business Updates - August 14, 2020 - Thomas Schmidheiny Centre for Family Enterprise\" \/>\n<meta property=\"og:description\" content=\"Mukesh Ambani to set up family council as part of succession planning &#8211;\u00a0\u00a0https:\/\/www.hindustantimes.com\/business-news\/ambani-to-set-up-family-council-as-part-of-succession-planning\/story-NsTY1i4ujcgCaY1Sv4XDpK.html SC ruling on daughters&#8217; rights, a wake-up call to family businesses-\u00a0\u00a0http:\/\/myimpact.in\/impact\/clip_new.php?id=0ee60b2dddc3dcd1bcd5a0c39a9fff5a&amp;id2=9c058240ef2752e73d433eb4e246e2d6 Pirojsha Godrej to steer Godrej\u2019s foray into financial services through Godrej Housing Finance &#8211;https:\/\/m.economictimes.com\/industry\/banking\/finance\/pirojsha-godrej-to-steer-godrejs-foray-into-financial-services-through-godrej-housing-finance\/articleshow\/77491997.cms Aurobindo Pharma net profit up 23% at \u20b9781 cr &#8211;https:\/\/www.thehindubusinessline.com\/companies\/aurobindo-pharma-q1-net-up-23-at-781-cr\/article32341065.ece Tube Investments to take control of CG [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2020\/08\/14\/family-business-updates-august-14-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Thomas Schmidheiny Centre for Family Enterprise\" \/>\n<meta property=\"article:published_time\" content=\"2020-08-14T03:54:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-31T09:35:30+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\/08\/14\/family-business-updates-august-14-2020\/\",\"url\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2020\/08\/14\/family-business-updates-august-14-2020\/\",\"name\":\"Family Business Updates - August 14, 2020 - Thomas Schmidheiny Centre for Family Enterprise\",\"isPartOf\":{\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#website\"},\"datePublished\":\"2020-08-14T03:54:36+00:00\",\"dateModified\":\"2025-12-31T09:35:30+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\/08\/14\/family-business-updates-august-14-2020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2020\/08\/14\/family-business-updates-august-14-2020\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2020\/08\/14\/family-business-updates-august-14-2020\/#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; 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