{"id":1494,"date":"2021-05-28T04:18:09","date_gmt":"2021-05-28T04:18:09","guid":{"rendered":"http:\/\/blogs.isb.edu\/centre-for-family-enterprise\/?p=1494"},"modified":"2025-12-31T09:34:42","modified_gmt":"2025-12-31T09:34:42","slug":"family-business-updates-may-28-2021","status":"publish","type":"post","link":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2021\/05\/28\/family-business-updates-may-28-2021\/","title":{"rendered":"Family Business Updates &#8211; May 28, 2021"},"content":{"rendered":"<div><\/div>\n<div>\n<div id=\"x_x_divRplyFwdMsg\" dir=\"ltr\"><\/div>\n<div><b>Thermax quarterly net profit zooms 175% at Rs 107 crore<\/b><\/p>\n<div><a id=\"LPlnk\" title=\"Original URL: https:\/\/www.financialexpress.com\/industry\/thermax-q4-net-profit-zooms-175-at-rs-107-crore\/2258911\/. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.financialexpress.com%2Findustry%2Fthermax-q4-net-profit-zooms-175-at-rs-107-crore%2F2258911%2F&amp;data=04%7C01%7CGnvs_Sushma%40isb.edu%7C1ca15d3aaeb44e91290708d91fffd05c%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637576005828502949%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=SA8FUDKu8DWqhScVAU1%2FfaGGyUPOtLOumdK3%2F%2FizG7Y%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.financialexpress.com\/industry\/thermax-q4-net-profit-zooms-175-at-rs-107-crore\/2258911\/<\/a><\/div>\n<div><b>Patni family office, Baring Private Equity to invest Rs76 cr in PG Electroplast<\/b><\/div>\n<div><a id=\"LPlnk\" title=\"Original URL: https:\/\/www.livemint.com\/companies\/news\/patni-family-office-baring-private-equity-to-invest-rs76-cr-in-pg-electroplast-11621951327372.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%2Fpatni-family-office-baring-private-equity-to-invest-rs76-cr-in-pg-electroplast-11621951327372.html&amp;data=04%7C01%7CGnvs_Sushma%40isb.edu%7C1ca15d3aaeb44e91290708d91fffd05c%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637576005828512945%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=UhUpeyq%2FuQmNaCvbBUW21H8fA1kMgKFs%2B0WI4OZN5sU%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.livemint.com\/companies\/news\/patni-family-office-baring-private-equity-to-invest-rs76-cr-in-pg-electroplast-11621951327372.html<\/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><b>Bharti Airtel says ready for 5G; deploys additional spectrum in Karnataka, Tamil Nadu<\/b><\/div>\n<div><a id=\"LPlnk\" title=\"Original URL: https:\/\/economictimes.indiatimes.com\/industry\/telecom\/telecom-news\/bharti-airtel-says-ready-for-5g-deploys-additional-spectrum-in-karnataka-tamil-nadu\/articleshow\/82915003.cms. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Feconomictimes.indiatimes.com%2Findustry%2Ftelecom%2Ftelecom-news%2Fbharti-airtel-says-ready-for-5g-deploys-additional-spectrum-in-karnataka-tamil-nadu%2Farticleshow%2F82915003.cms&amp;data=04%7C01%7CGnvs_Sushma%40isb.edu%7C1ca15d3aaeb44e91290708d91fffd05c%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637576005828512945%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=5gssMbCELSkkk0E4bqvw2XWIrQoYiU1LFJvIst%2FLrXQ%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/economictimes.indiatimes.com\/industry\/telecom\/telecom-news\/bharti-airtel-says-ready-for-5g-deploys-additional-spectrum-in-karnataka-tamil-nadu\/articleshow\/82915003.cms<\/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><b>Bajaj Electricals Posts Rs 54.26 Cr Net Profit For Fourth Quarter<\/b><\/div>\n<div><a id=\"LPlnk\" title=\"Original URL: http:\/\/www.businessworld.in\/article\/Bajaj-Electricals-Posts-Rs-54-26-Cr-Net-Profit-For-Mar-Quarter\/25-05-2021-390871\/. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=http%3A%2F%2Fwww.businessworld.in%2Farticle%2FBajaj-Electricals-Posts-Rs-54-26-Cr-Net-Profit-For-Mar-Quarter%2F25-05-2021-390871%2F&amp;data=04%7C01%7CGnvs_Sushma%40isb.edu%7C1ca15d3aaeb44e91290708d91fffd05c%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637576005828522940%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=IDwP%2Fn0lBUKL806MLssI21iD89ubi%2Fyt%2FsoF7mmQS2w%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">http:\/\/www.businessworld.in\/article\/Bajaj-Electricals-Posts-Rs-54-26-Cr-Net-Profit-For-Mar-Quarter\/25-05-2021-390871\/<\/a><\/div>\n<div><b>Tata Power readies 15,000 men for cyclone restoration work in Odisha<\/b><\/div>\n<div><a id=\"LPlnk\" title=\"Original URL: https:\/\/www.livemint.com\/companies\/news\/tata-power-readies-15-000-men-for-cyclone-restoration-work-in-odisha-11621952757330.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%2Ftata-power-readies-15-000-men-for-cyclone-restoration-work-in-odisha-11621952757330.html&amp;data=04%7C01%7CGnvs_Sushma%40isb.edu%7C1ca15d3aaeb44e91290708d91fffd05c%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637576005828522940%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=%2FA0%2BJBVpuXtE81K%2FMedjygWQn0ypErQ9TDR3ye21q8w%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.livemint.com\/companies\/news\/tata-power-readies-15-000-men-for-cyclone-restoration-work-in-odisha-11621952757330.html<\/a><\/div>\n<div class=\"x_x_x__Entity x_x_x__EType_OWALinkPreview x_x_x__EId_OWALinkPreview_4 x_x_x__EReadonly_1\"><\/div>\n<div><b>Emami&#8217;s net profit jumps over three-fold to Rs 87.73 cr in March<\/b><\/div>\n<div><a id=\"LPlnk\" title=\"Original URL: https:\/\/www.business-standard.com\/article\/companies\/emami-s-net-profit-jumps-over-three-fold-to-rs-87-73-cr-in-march-quarter-121052500957_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%2Femami-s-net-profit-jumps-over-three-fold-to-rs-87-73-cr-in-march-quarter-121052500957_1.html&amp;data=04%7C01%7CGnvs_Sushma%40isb.edu%7C1ca15d3aaeb44e91290708d91fffd05c%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637576005828532932%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=U4iA90L5isee4PWqOLh5dmIuREGU5vhdd0bmOni05Yk%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.business-standard.com\/article\/companies\/emami-s-net-profit-jumps-over-three-fold-to-rs-87-73-cr-in-march-quarter-121052500957_1.html<\/a><\/div>\n<div><\/div>\n<\/div>\n<div>\n<div><strong>Birlas betting big on realty, lines up Rs 1,000-cr capex for Birla Estates\u00a0<\/strong><\/div>\n<div>\n<div id=\"x_x_divRplyFwdMsg\" dir=\"ltr\">\n<div><a title=\"Original URL: https:\/\/www.business-standard.com\/article\/companies\/birlas-betting-big-on-realty-lines-up-rs-1-000-cr-capex-for-birla-estates-121052300537_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%2Fbirlas-betting-big-on-realty-lines-up-rs-1-000-cr-capex-for-birla-estates-121052300537_1.html&amp;data=04%7C01%7CGnvs_Sushma%40isb.edu%7Cad762b61484b4433a88608d92001b6c5%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637576014000306108%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=H9pQUEcsk9CXAGB8%2FDBkGDXPaMEoWdK2GObkGJvIKy8%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.business-standard.com\/article\/companies\/birlas-betting-big-on-realty-lines-up-rs-1-000-cr-capex-for-birla-estates-121052300537_1.html<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Thermax quarterly net profit zooms 175% at Rs 107 crore https:\/\/www.financialexpress.com\/industry\/thermax-q4-net-profit-zooms-175-at-rs-107-crore\/2258911\/ Patni family office, Baring Private Equity to invest Rs76 cr in PG Electroplast https:\/\/www.livemint.com\/companies\/news\/patni-family-office-baring-private-equity-to-invest-rs76-cr-in-pg-electroplast-11621951327372.html Bharti Airtel says ready for 5G; deploys additional spectrum in Karnataka, Tamil Nadu https:\/\/economictimes.indiatimes.com\/industry\/telecom\/telecom-news\/bharti-airtel-says-ready-for-5g-deploys-additional-spectrum-in-karnataka-tamil-nadu\/articleshow\/82915003.cms Bajaj Electricals Posts Rs 54.26 Cr Net Profit For Fourth Quarter http:\/\/www.businessworld.in\/article\/Bajaj-Electricals-Posts-Rs-54-26-Cr-Net-Profit-For-Mar-Quarter\/25-05-2021-390871\/ Tata Power readies 15,000 [&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 - May 28, 2021 - 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\/2021\/05\/28\/family-business-updates-may-28-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Family Business Updates - May 28, 2021 - Thomas Schmidheiny Centre for Family Enterprise\" \/>\n<meta property=\"og:description\" content=\"Thermax quarterly net profit zooms 175% at Rs 107 crore https:\/\/www.financialexpress.com\/industry\/thermax-q4-net-profit-zooms-175-at-rs-107-crore\/2258911\/ Patni family office, Baring Private Equity to invest Rs76 cr in PG Electroplast https:\/\/www.livemint.com\/companies\/news\/patni-family-office-baring-private-equity-to-invest-rs76-cr-in-pg-electroplast-11621951327372.html Bharti Airtel says ready for 5G; deploys additional spectrum in Karnataka, Tamil Nadu https:\/\/economictimes.indiatimes.com\/industry\/telecom\/telecom-news\/bharti-airtel-says-ready-for-5g-deploys-additional-spectrum-in-karnataka-tamil-nadu\/articleshow\/82915003.cms Bajaj Electricals Posts Rs 54.26 Cr Net Profit For Fourth Quarter http:\/\/www.businessworld.in\/article\/Bajaj-Electricals-Posts-Rs-54-26-Cr-Net-Profit-For-Mar-Quarter\/25-05-2021-390871\/ Tata Power readies 15,000 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2021\/05\/28\/family-business-updates-may-28-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"Thomas Schmidheiny Centre for Family Enterprise\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-28T04:18:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-31T09:34:42+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\/2021\/05\/28\/family-business-updates-may-28-2021\/\",\"url\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2021\/05\/28\/family-business-updates-may-28-2021\/\",\"name\":\"Family Business Updates - May 28, 2021 - Thomas Schmidheiny Centre for Family Enterprise\",\"isPartOf\":{\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/#website\"},\"datePublished\":\"2021-05-28T04:18:09+00:00\",\"dateModified\":\"2025-12-31T09:34:42+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\/2021\/05\/28\/family-business-updates-may-28-2021\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2021\/05\/28\/family-business-updates-may-28-2021\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2021\/05\/28\/family-business-updates-may-28-2021\/#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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