{"id":1474,"date":"2021-04-16T04:06:48","date_gmt":"2021-04-16T04:06:48","guid":{"rendered":"http:\/\/blogs.isb.edu\/centre-for-family-enterprise\/?p=1474"},"modified":"2025-12-31T09:34:49","modified_gmt":"2025-12-31T09:34:49","slug":"family-business-updates-april-16-2021","status":"publish","type":"post","link":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2021\/04\/16\/family-business-updates-april-16-2021\/","title":{"rendered":"Family Business Updates &#8211; April 16, 2021"},"content":{"rendered":"<div><b>Tata Consultancy Services c<\/b><b>onsolidated profit after tax\u00a0<\/b><b>rises 15 percent<\/b><\/p>\n<div><a id=\"LPlnk\" title=\"Original URL: https:\/\/economictimes.indiatimes.com\/markets\/stocks\/earnings\/tcs-q4-results-net-profit-rises-15-yoy-misses-estimates-firm-okays-rs-15\/sh-dividend\/articleshow\/82034124.cms. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Fstocks%2Fearnings%2Ftcs-q4-results-net-profit-rises-15-yoy-misses-estimates-firm-okays-rs-15%2Fsh-dividend%2Farticleshow%2F82034124.cms&amp;data=04%7C01%7CGnvs_Sushma%40isb.edu%7C3c38b544b41a4f6cbe5d08d8fde033b9%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637538486667336675%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=TrGTVf4ynP8if4eX68%2BRA43ShXqLp8L7%2FLIbWZOizx8%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/economictimes.indiatimes.com\/markets\/stocks\/earnings\/tcs-q4-results-net-profit-rises-15-yoy-misses-estimates-firm-okays-rs-15\/sh-dividend\/articleshow\/82034124.cms<\/a><\/div>\n<div class=\"x_x_x__Entity x_x_x__EType_OWALinkPreview x_x_x__EId_OWALinkPreview_1 x_x_x__EReadonly_1\"><\/div>\n<div><\/div>\n<div><b>CCI approval to Adar Poonawalla\u2019s firm to pick up 60% in Magma Fincorp<\/b><\/div>\n<div><a id=\"LPlnk\" title=\"Original URL: https:\/\/www.thehindubusinessline.com\/companies\/cci-approval-for-adar-poonawallas-firm-to-pick-up-60-in-magma-fincorp\/article34305152.ece. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.thehindubusinessline.com%2Fcompanies%2Fcci-approval-for-adar-poonawallas-firm-to-pick-up-60-in-magma-fincorp%2Farticle34305152.ece&amp;data=04%7C01%7CGnvs_Sushma%40isb.edu%7C3c38b544b41a4f6cbe5d08d8fde033b9%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637538486667346670%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=VwKiD5jd4Vdx%2Bg3dLxSWtaTbk62dixb%2BnIsWjTYGtjw%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.thehindubusinessline.com\/companies\/cci-approval-for-adar-poonawallas-firm-to-pick-up-60-in-magma-fincorp\/article34305152.ece<\/a><\/div>\n<div><b>\u00a0<\/b><\/div>\n<div><b>Flipkart to ally with Adani to strengthen logistics and data centre<\/b><\/div>\n<div><a id=\"LPlnk\" title=\"Original URL: https:\/\/www.business-standard.com\/article\/companies\/flipkart-to-ally-with-adani-to-strengthen-logistics-data-centre-infra-121041200329_1.html. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.business-standard.com%2Farticle%2Fcompanies%2Fflipkart-to-ally-with-adani-to-strengthen-logistics-data-centre-infra-121041200329_1.html&amp;data=04%7C01%7CGnvs_Sushma%40isb.edu%7C3c38b544b41a4f6cbe5d08d8fde033b9%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637538486667346670%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=P2N0PES95qKd89pxuG7aB%2F5Luu9AksuNznhvOyMi6oQ%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.business-standard.com\/article\/companies\/flipkart-to-ally-with-adani-to-strengthen-logistics-data-centre-infra-121041200329_1.html<\/a><\/div>\n<div class=\"x_x_x__Entity x_x_x__EType_OWALinkPreview x_x_x__EId_OWALinkPreview_2 x_x_x__EReadonly_1\"><\/div>\n<div><\/div>\n<div><b>S<\/b><b>urya Roshni gets Rs 299 crore order for supply of carbon steel line pipes to Numaligarh Refinery<\/b><\/div>\n<div><a id=\"LPlnk\" title=\"Original URL: https:\/\/economictimes.indiatimes.com\/industry\/indl-goods\/svs\/engineering\/surya-roshni-bags-rs-299-crore-order-for-supply-of-carbon-steel-line-pipes-to-numaligarh-refinery\/articleshow\/82028836.cms. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Feconomictimes.indiatimes.com%2Findustry%2Findl-goods%2Fsvs%2Fengineering%2Fsurya-roshni-bags-rs-299-crore-order-for-supply-of-carbon-steel-line-pipes-to-numaligarh-refinery%2Farticleshow%2F82028836.cms&amp;data=04%7C01%7CGnvs_Sushma%40isb.edu%7C3c38b544b41a4f6cbe5d08d8fde033b9%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637538486667356665%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=r7rg1HH2CYrBQm4VvrbT7%2Fgw41LqhOqvKcI9b4jJnGo%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/economictimes.indiatimes.com\/industry\/indl-goods\/svs\/engineering\/surya-roshni-bags-rs-299-crore-order-for-supply-of-carbon-steel-line-pipes-to-numaligarh-refinery\/articleshow\/82028836.cms<\/a><\/div>\n<div><b>\u00a0<\/b><\/div>\n<div><b>Praj Industries bags order for syrup-based ethanol plant from Godavari Biorefineries<\/b><\/div>\n<p><a title=\"Original URL: https:\/\/www.thehindubusinessline.com\/companies\/praj-industries-bags-order-for-syrup-based-ethanol-plant-from-godavari-biorefineries\/article34300268.ece?homepage=true. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.thehindubusinessline.com%2Fcompanies%2Fpraj-industries-bags-order-for-syrup-based-ethanol-plant-from-godavari-biorefineries%2Farticle34300268.ece%3Fhomepage%3Dtrue&amp;data=04%7C01%7CGnvs_Sushma%40isb.edu%7C3c38b544b41a4f6cbe5d08d8fde033b9%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637538486667356665%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=tAWGMTXUgoG4UjurJAlnwsIpo8fGCc0FH0NDn4cOYk8%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.thehindubusinessline.com\/companies\/praj-industries-bags-order-for-syrup-based-ethanol-plant-from-godavari-biorefineries\/article34300268.ece?homepage=true<\/a><\/p>\n<div class=\"x_x_x__Entity x_x_x__EType_OWALinkPreview x_x_x__EId_OWALinkPreview x_x_x__EReadonly_1\"><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tata Consultancy Services consolidated profit after tax\u00a0rises 15 percent https:\/\/economictimes.indiatimes.com\/markets\/stocks\/earnings\/tcs-q4-results-net-profit-rises-15-yoy-misses-estimates-firm-okays-rs-15\/sh-dividend\/articleshow\/82034124.cms CCI approval to Adar Poonawalla\u2019s firm to pick up 60% in Magma Fincorp https:\/\/www.thehindubusinessline.com\/companies\/cci-approval-for-adar-poonawallas-firm-to-pick-up-60-in-magma-fincorp\/article34305152.ece \u00a0 Flipkart to ally with Adani to strengthen logistics and data centre https:\/\/www.business-standard.com\/article\/companies\/flipkart-to-ally-with-adani-to-strengthen-logistics-data-centre-infra-121041200329_1.html Surya Roshni gets Rs 299 crore order for supply of carbon steel line pipes to Numaligarh Refinery https:\/\/economictimes.indiatimes.com\/industry\/indl-goods\/svs\/engineering\/surya-roshni-bags-rs-299-crore-order-for-supply-of-carbon-steel-line-pipes-to-numaligarh-refinery\/articleshow\/82028836.cms [&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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