{"id":1679,"date":"2022-05-13T04:19:57","date_gmt":"2022-05-13T04:19:57","guid":{"rendered":"http:\/\/blogs.isb.edu\/centre-for-family-enterprise\/?p=1679"},"modified":"2025-12-31T09:33:41","modified_gmt":"2025-12-31T09:33:41","slug":"family-business-updates-may-13-2022","status":"publish","type":"post","link":"https:\/\/blogs.isb.edu\/centre-for-family-enterprise\/2022\/05\/13\/family-business-updates-may-13-2022\/","title":{"rendered":"Family Business Updates &#8211; May 13, 2022"},"content":{"rendered":"<div class=\"x_elementToProof\">JSW Group&#8217;s Sajjan Jindal bets $4.5 bn of his wealth on Ambuja Cements<\/div>\n<div class=\"x_elementToProof\"><a id=\"LPNoLPOWALinkPreview_3\" title=\"Original URL: https:\/\/www.business-standard.com\/article\/companies\/jsw-offers-7-bn-to-swiss-cement-major-holcim-for-ambuja-cements-acc-122051000205_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%2Fjsw-offers-7-bn-to-swiss-cement-major-holcim-for-ambuja-cements-acc-122051000205_1.html&amp;data=05%7C01%7CGnvs_Sushma%40isb.edu%7C28979bd5531b40e8ac2a08da3346cba2%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637878676401770900%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=i44hlGlKXUSAFSH8x3UCVXbrGLh6%2Bq%2B6pKW45Zfua70%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.business-standard.com\/article\/companies\/jsw-offers-7-bn-to-swiss-cement-major-holcim-for-ambuja-cements-acc-122051000205_1.html<\/a><\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">\n<div class=\"x_elementToProof\">Coromandel International acquires 45% stake in Senegal-based BMCC for Rs 225 cr<\/div>\n<div class=\"x_elementToProof\"><a id=\"LPNoLPOWALinkPreview_6\" title=\"Original URL: https:\/\/www.business-standard.com\/article\/news-cm\/coromandel-international-acquires-45-stake-in-senegal-based-bmcc-for-rs-225-cr-122050700591_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%2Fcoromandel-international-acquires-45-stake-in-senegal-based-bmcc-for-rs-225-cr-122050700591_1.html&amp;data=05%7C01%7CGnvs_Sushma%40isb.edu%7C28979bd5531b40e8ac2a08da3346cba2%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637878676401770900%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=pbu1%2FVWQ1%2F1Q9B8l5IxspnMukThhbnj1pfnIPszOHto%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.business-standard.com\/article\/news-cm\/coromandel-international-acquires-45-stake-in-senegal-based-bmcc-for-rs-225-cr-122050700591_1.html<\/a><\/div>\n<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">\n<div class=\"x_elementToProof\">Novelis to invest $2.5 bn in US in Birla Group&#8217;s biggest greenfield project<\/div>\n<div class=\"x_elementToProof\"><a id=\"LPlnk333748\" title=\"Original URL: https:\/\/www.business-standard.com\/article\/companies\/novelis-to-invest-2-5-bn-in-us-in-birla-group-s-biggest-greenfield-project-122051100874_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%2Fnovelis-to-invest-2-5-bn-in-us-in-birla-group-s-biggest-greenfield-project-122051100874_1.html&amp;data=05%7C01%7CGnvs_Sushma%40isb.edu%7C28979bd5531b40e8ac2a08da3346cba2%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637878676401770900%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=4qUQop86I0u0zJbkEChzakDh63OM%2BrwQdSZwEsSTYK4%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.business-standard.com\/article\/companies\/novelis-to-invest-2-5-bn-in-us-in-birla-group-s-biggest-greenfield-project-122051100874_1.html<\/a><\/div>\n<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">\n<div class=\"x_elementToProof\">Wipro renews IT transformation deal with France-based Cr\u00e9dit Agricole<\/div>\n<div class=\"x_elementToProof\"><a id=\"LPNoLPOWALinkPreview_2\" title=\"Original URL: https:\/\/economictimes.indiatimes.com\/tech\/information-tech\/wipro-renews-it-transformation-deal-with-france-based-crdit-agricole\/articleshow\/91471109.cms. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Feconomictimes.indiatimes.com%2Ftech%2Finformation-tech%2Fwipro-renews-it-transformation-deal-with-france-based-crdit-agricole%2Farticleshow%2F91471109.cms&amp;data=05%7C01%7CGnvs_Sushma%40isb.edu%7C28979bd5531b40e8ac2a08da3346cba2%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637878676401770900%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=5P0wuBmTILungMJhVU3iE2ebgres8Jf56gZYj4IXeAs%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/economictimes.indiatimes.com\/tech\/information-tech\/wipro-renews-it-transformation-deal-with-france-based-crdit-agricole\/articleshow\/91471109.cms<\/a><\/div>\n<\/div>\n<div class=\"x_elementToProof\"><\/div>\n<div class=\"x_elementToProof\">\n<div class=\"x_elementToProof\">Dr. Reddy\u2019s, South Korean firm partner for gastric diseases drug<\/div>\n<div class=\"x_elementToProof\"><a id=\"LPNoLPOWALinkPreview_4\" title=\"Original URL: https:\/\/www.thehindubusinessline.com\/companies\/dr-reddys-south-korean-firm-partner-for-gastric-diseases-drug\/article65403518.ece. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.thehindubusinessline.com%2Fcompanies%2Fdr-reddys-south-korean-firm-partner-for-gastric-diseases-drug%2Farticle65403518.ece&amp;data=05%7C01%7CGnvs_Sushma%40isb.edu%7C28979bd5531b40e8ac2a08da3346cba2%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637878676401770900%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=Olz4LPPQVrr0y7bxM3SpneMJb6UI8FXgO6njB1mJRc0%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.thehindubusinessline.com\/companies\/dr-reddys-south-korean-firm-partner-for-gastric-diseases-drug\/article65403518.ece<\/a><\/div>\n<div class=\"x_elementToProof\"><\/div>\n<\/div>\n<div class=\"x_elementToProof\">\n<div class=\"x_elementToProof\">Mukesh Ambani\u2019s Reliance Industries steps up M&amp;A in retail and renewables push<\/div>\n<div class=\"x_elementToProof\"><a id=\"LPNoLPOWALinkPreview_5\" title=\"Original URL: https:\/\/www.ft.com\/content\/7859d08d-c3e0-4531-a01e-510abd6b8284. Click or tap if you trust this link.\" href=\"https:\/\/ind01.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.ft.com%2Fcontent%2F7859d08d-c3e0-4531-a01e-510abd6b8284&amp;data=05%7C01%7CGnvs_Sushma%40isb.edu%7C28979bd5531b40e8ac2a08da3346cba2%7Ca4dae44338ab404ab3319d1d337fcf37%7C0%7C0%7C637878676401770900%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=34yKcmLSuTWaVHwPlLz2dEVdUFdaweJ17YX9W9qsdv0%3D&amp;reserved=0\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/www.ft.com\/content\/7859d08d-c3e0-4531-a01e-510abd6b8284<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>JSW Group&#8217;s Sajjan Jindal bets $4.5 bn of his wealth on Ambuja Cements https:\/\/www.business-standard.com\/article\/companies\/jsw-offers-7-bn-to-swiss-cement-major-holcim-for-ambuja-cements-acc-122051000205_1.html Coromandel International acquires 45% stake in Senegal-based BMCC for Rs 225 cr https:\/\/www.business-standard.com\/article\/news-cm\/coromandel-international-acquires-45-stake-in-senegal-based-bmcc-for-rs-225-cr-122050700591_1.html Novelis to invest $2.5 bn in US in Birla Group&#8217;s biggest greenfield project https:\/\/www.business-standard.com\/article\/companies\/novelis-to-invest-2-5-bn-in-us-in-birla-group-s-biggest-greenfield-project-122051100874_1.html Wipro renews IT transformation deal with France-based Cr\u00e9dit Agricole https:\/\/economictimes.indiatimes.com\/tech\/information-tech\/wipro-renews-it-transformation-deal-with-france-based-crdit-agricole\/articleshow\/91471109.cms Dr. Reddy\u2019s, South Korean [&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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