{"id":1500,"date":"2021-06-11T04:37:48","date_gmt":"2021-06-11T04:37:48","guid":{"rendered":"http:\/\/blogs.isb.edu\/centre-for-family-enterprise\/?p=1500"},"modified":"2025-12-31T09:34:40","modified_gmt":"2025-12-31T09:34:40","slug":"family-business-updates-june-10-2021","status":"publish","type":"post","link":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2021\/06\/11\/family-business-updates-june-10-2021\/","title":{"rendered":"Family Business Updates &#8211; June 10, 2021"},"content":{"rendered":"<p><b>Tata Digital to invest $75 million in fitness startup Curefit<\/b><\/p>\n<div><a id=\"LPlnk599433\" title=\"Original URL: https:\/\/economictimes.indiatimes.com\/tech\/startups\/tata-digital-to-invest-up-to-75-million-in-curefit-names-mukesh-bansal-as-president\/articleshow\/83309426.cms. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Feconomictimes.indiatimes.com%2Ftech%2Fstartups%2Ftata-digital-to-invest-up-to-75-million-in-curefit-names-mukesh-bansal-as-president%2Farticleshow%2F83309426.cms&amp;data=04%7C01%7CGnvs_Sushma%40isb.edu%7Cb7f06edc45e24df005fa08d92bd8804c%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637589031128428245%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=NnUIGK5vIaoBUw%2F8MBOSmxq9Kjt5TomRhrHRA%2Fr5mxw%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/economictimes.indiatimes.com\/tech\/startups\/tata-digital-to-invest-up-to-75-million-in-curefit-names-mukesh-bansal-as-president\/articleshow\/83309426.cms<\/a><\/div>\n<div><\/div>\n<div><b>Welspun Corp secures orders worth\u00a0\u20b91725 cr<\/b><\/div>\n<div><a id=\"LPlnk\" title=\"Original URL: https:\/\/www.business-standard.com\/article\/news-cm\/welspun-corp-secures-orders-worth-rs-1725-cr-121060801505_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%2Fnews-cm%2Fwelspun-corp-secures-orders-worth-rs-1725-cr-121060801505_1.html&amp;data=04%7C01%7CGnvs_Sushma%40isb.edu%7Cb7f06edc45e24df005fa08d92bd8804c%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637589031128428245%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=Ffin72izW7IyyGZQFZyQuZBIjemDH0Yl8FhZkyr498U%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.business-standard.com\/article\/news-cm\/welspun-corp-secures-orders-worth-rs-1725-cr-121060801505_1.html<\/a><\/div>\n<div class=\"x__Entity x__EType_OWALinkPreview x__EId_OWALinkPreview_2 x__EReadonly_1\"><\/div>\n<p><b>MRF posts net profit of \u20b9431 crores in Q4 and announces special dividend of 500%<\/b><\/p>\n<div><a id=\"LPlnk895910\" title=\"Original URL: https:\/\/www.thehindubusinessline.com\/companies\/mrf-posts-431-cr-profit-in-q4\/article34755514.ece. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.thehindubusinessline.com%2Fcompanies%2Fmrf-posts-431-cr-profit-in-q4%2Farticle34755514.ece&amp;data=04%7C01%7CGnvs_Sushma%40isb.edu%7Cb7f06edc45e24df005fa08d92bd8804c%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637589031128438240%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=QuHYmG0PhDTzpQEGHj8%2BA1E1kXoG2uUEQF6U7OIN8cc%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.thehindubusinessline.com\/companies\/mrf-posts-431-cr-profit-in-q4\/article34755514.ece<\/a><\/div>\n<div><\/div>\n<div><b>Bajaj Allianz Life declares \u20b91,156 crore bonus to policyholders<\/b><\/div>\n<div><a id=\"LPlnk\" title=\"Original URL: https:\/\/www.business-standard.com\/article\/companies\/bajaj-allianz-life-declares-rs-1-156-crore-bonus-to-policyholders-121060901042_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%2Fbajaj-allianz-life-declares-rs-1-156-crore-bonus-to-policyholders-121060901042_1.html&amp;data=04%7C01%7CGnvs_Sushma%40isb.edu%7Cb7f06edc45e24df005fa08d92bd8804c%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637589031128438240%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=tc6qrwSdGT3o%2BoTHtdCLzOfYHfOliXwrxlyC1ly5EUE%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.business-standard.com\/article\/companies\/bajaj-allianz-life-declares-rs-1-156-crore-bonus-to-policyholders-121060901042_1.html<\/a><\/div>\n<div class=\"x__Entity x__EType_OWALinkPreview x__EId_OWALinkPreview_1 x__EReadonly_1\"><\/div>\n<p><b>JSW Group amalgamates large project divisions of steel and cement businesses<\/b><\/p>\n<div><a id=\"LPlnk\" title=\"Original URL: https:\/\/wap.business-standard.com\/article-amp\/companies\/jsw-grp-amalgamates-large-project-divisions-of-steel-cement-businesses-121060700477_1.html. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwap.business-standard.com%2Farticle-amp%2Fcompanies%2Fjsw-grp-amalgamates-large-project-divisions-of-steel-cement-businesses-121060700477_1.html&amp;data=04%7C01%7CGnvs_Sushma%40isb.edu%7Cb7f06edc45e24df005fa08d92bd8804c%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637589031128448235%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=KRYReDkUqBuizjzj%2FGllHyFMIzO6pH2gkIk3UNU%2Bdig%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/wap.business-standard.com\/article-amp\/companies\/jsw-grp-amalgamates-large-project-divisions-of-steel-cement-businesses-121060700477_1.html<\/a><\/div>\n<div class=\"x__Entity x__EType_OWALinkPreview x__EId_OWALinkPreview x__EReadonly_1\"><\/div>\n<div><b>Burman family to infuse more capital in Religare Enterprises via preferential issue<\/b><\/div>\n<p><a id=\"LPlnk761967\" title=\"Original URL: https:\/\/www.thehindubusinessline.com\/companies\/religare-enterprises-board-approves-570-crore-fundraise-via-preferential-issue\/article34763485.ece. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.thehindubusinessline.com%2Fcompanies%2Freligare-enterprises-board-approves-570-crore-fundraise-via-preferential-issue%2Farticle34763485.ece&amp;data=04%7C01%7CGnvs_Sushma%40isb.edu%7Cb7f06edc45e24df005fa08d92bd8804c%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637589031128458231%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C1000&amp;sdata=spWGOhoHZPM6tyaAnwJiyELA0j8zNNbd0aB7G%2FTr1q8%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.thehindubusinessline.com\/companies\/religare-enterprises-board-approves-570-crore-fundraise-via-preferential-issue\/article34763485.ece<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tata Digital to invest $75 million in fitness startup Curefit https:\/\/economictimes.indiatimes.com\/tech\/startups\/tata-digital-to-invest-up-to-75-million-in-curefit-names-mukesh-bansal-as-president\/articleshow\/83309426.cms Welspun Corp secures orders worth\u00a0\u20b91725 cr https:\/\/www.business-standard.com\/article\/news-cm\/welspun-corp-secures-orders-worth-rs-1725-cr-121060801505_1.html MRF posts net profit of \u20b9431 crores in Q4 and announces special dividend of 500% https:\/\/www.thehindubusinessline.com\/companies\/mrf-posts-431-cr-profit-in-q4\/article34755514.ece Bajaj Allianz Life declares \u20b91,156 crore bonus to policyholders https:\/\/www.business-standard.com\/article\/companies\/bajaj-allianz-life-declares-rs-1-156-crore-bonus-to-policyholders-121060901042_1.html JSW Group amalgamates large project divisions of steel and cement businesses [&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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