{"id":1402,"date":"2020-11-13T03:39:36","date_gmt":"2020-11-13T03:39:36","guid":{"rendered":"http:\/\/blogs.isb.edu\/centre-for-family-enterprise\/?p=1402"},"modified":"2025-12-31T09:35:14","modified_gmt":"2025-12-31T09:35:14","slug":"family-business-updates-november-13-2020","status":"publish","type":"post","link":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2020\/11\/13\/family-business-updates-november-13-2020\/","title":{"rendered":"Family Business Updates &#8211; November 13, 2020"},"content":{"rendered":"<div><b>Godrej Group Launches Housing Finance Arm<\/b><\/div>\n<div><a id=\"LPlnk\" title=\"Original URL: https:\/\/www.bloombergquint.com\/business\/godrej-group-launches-housing-finance-arm-home-loans-to-start-at-669. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.bloombergquint.com%2Fbusiness%2Fgodrej-group-launches-housing-finance-arm-home-loans-to-start-at-669&amp;data=04%7C01%7CGnvs_Sushma%40isb.edu%7Ccf327821a042483767df08d886cb19b0%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637407554153940638%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=T9r2gaBc3IZTj5COC1jnLyoZpksrg0%2BG4wQEHQ1%2FFNk%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.bloombergquint.com\/business\/godrej-group-launches-housing-finance-arm-home-loans-to-start-at-669<\/a>\u00a0<b><br \/>\n<\/b><\/p>\n<div class=\"x__Entity x__EType_OWALinkPreview x__EId_OWALinkPreview x__EReadonly_1\"><\/div>\n<div><b>Aurobindo Pharma Q2 net profit up 26% to Rs. 805.65 crore<\/b><\/div>\n<div><a id=\"LPlnk796687\" title=\"Original URL: https:\/\/www.livemint.com\/companies\/company-results\/aurobindo-pharma-q2-net-profit-up-26-to-rs-805-65-crore-11605112055937.html. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.livemint.com%2Fcompanies%2Fcompany-results%2Faurobindo-pharma-q2-net-profit-up-26-to-rs-805-65-crore-11605112055937.html&amp;data=04%7C01%7CGnvs_Sushma%40isb.edu%7Ccf327821a042483767df08d886cb19b0%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637407554153940638%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=C2P58Li%2B5fC%2FwmhPdG%2B%2FxzrvgXaHjL4dZv4FvcJNUPo%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.livemint.com\/companies\/company-results\/aurobindo-pharma-q2-net-profit-up-26-to-rs-805-65-crore-11605112055937.html<\/a><\/div>\n<div><\/div>\n<div><b>My father always believed he was a trustee of his wealth and not an owner: Rishad Premji, Wipro<\/b><\/div>\n<div><a id=\"LPlnk850117\" title=\"Original URL: https:\/\/www.timesnownews.com\/business-economy\/companies\/article\/my-father-always-believed-he-was-a-trustee-of-his-wealth-and-not-a-owner-rishad-premji\/680501. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.timesnownews.com%2Fbusiness-economy%2Fcompanies%2Farticle%2Fmy-father-always-believed-he-was-a-trustee-of-his-wealth-and-not-a-owner-rishad-premji%2F680501&amp;data=04%7C01%7CGnvs_Sushma%40isb.edu%7Ccf327821a042483767df08d886cb19b0%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637407554153950639%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=ESc3Pd2Bl4Q8j5TLgCpOFkYJ7rTPq141ueL0835i3f8%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.timesnownews.com\/business-economy\/companies\/article\/my-father-always-believed-he-was-a-trustee-of-his-wealth-and-not-a-owner-rishad-premji\/680501<\/a><\/div>\n<div><\/div>\n<div><b>Vellayan Subbiah appointed new chairman of Cholamandalam Investment<\/b><\/div>\n<div><a id=\"LPlnk806431\" title=\"Original URL: https:\/\/www.thehindu.com\/business\/Industry\/vellayan-subbiah-appointed-new-chairman-of-chola\/article33072834.ece. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.thehindu.com%2Fbusiness%2FIndustry%2Fvellayan-subbiah-appointed-new-chairman-of-chola%2Farticle33072834.ece&amp;data=04%7C01%7CGnvs_Sushma%40isb.edu%7Ccf327821a042483767df08d886cb19b0%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637407554153960629%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=0C2J4Pot4XV4E7UfcT%2Bz1z2u%2BKrePr0%2BCWzLwFZ6nos%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.thehindu.com\/business\/Industry\/vellayan-subbiah-appointed-new-chairman-of-chola\/article33072834.ece<\/a><\/div>\n<div><\/div>\n<div><b>Tata group in talks to pick up majority stake in e-pharmacy firm 1mg<\/b><\/div>\n<p><a id=\"LPlnk694259\" title=\"Original URL: https:\/\/m.economictimes.com\/tech\/startups\/tatas-in-talks-to-pick-up-majority-stake-in-e-pharmacy-firm-1mg\/articleshow\/79072715.cms. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fm.economictimes.com%2Ftech%2Fstartups%2Ftatas-in-talks-to-pick-up-majority-stake-in-e-pharmacy-firm-1mg%2Farticleshow%2F79072715.cms&amp;data=04%7C01%7CGnvs_Sushma%40isb.edu%7Ccf327821a042483767df08d886cb19b0%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637407554153960629%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=sqkk0DOLeb6qu9OHr%2FV26aDMdNhFymhfObDZbMzQScc%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/m.economictimes.com\/tech\/startups\/tatas-in-talks-to-pick-up-majority-stake-in-e-pharmacy-firm-1mg\/articleshow\/79072715.cms<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Godrej Group Launches Housing Finance Arm https:\/\/www.bloombergquint.com\/business\/godrej-group-launches-housing-finance-arm-home-loans-to-start-at-669\u00a0 Aurobindo Pharma Q2 net profit up 26% to Rs. 805.65 crore https:\/\/www.livemint.com\/companies\/company-results\/aurobindo-pharma-q2-net-profit-up-26-to-rs-805-65-crore-11605112055937.html My father always believed he was a trustee of his wealth and not an owner: Rishad Premji, Wipro https:\/\/www.timesnownews.com\/business-economy\/companies\/article\/my-father-always-believed-he-was-a-trustee-of-his-wealth-and-not-a-owner-rishad-premji\/680501 Vellayan Subbiah appointed new chairman of Cholamandalam Investment https:\/\/www.thehindu.com\/business\/Industry\/vellayan-subbiah-appointed-new-chairman-of-chola\/article33072834.ece Tata group in talks to pick up majority [&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 - 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