Conglomerates

Vedanta plans to divide its business into units focused on aluminum, oil & gas, power, steel and finally semiconductors, which will be left in the original business with electronics and copper assets

In the last four years, large Indian conglomerates like the Reliance Industries, the Adani Group, Dr Reddy's Laboratories (DRL), and Bank of Baroda have established GCCs locally

In the first phase, Shapoorji Pallonji Real Estate aims to raise around $800-900 million through an IPO of about 10-12 per cent stake

A call to dismantle them when the world hasn't done so is economic hara-kiri

It's good that cronyism is being debated robustly. But the much bigger failure of incredibly powerful, rich and successful conglomerates - Adani, Ambani, Tata- lies in India's fully brand-free growth

The experience of South Korea, Japan and Russia has shown that the conglomerate model often comes with political connections, but such comparisons can be overblown, writes T N Ninan

Many small brands swallowed up in catch-up acquisition spree

Business Standard analyses what large business houses have added as net fixed assets since the pandemic

The top court's order and cash-for-loans scandal later, rocked the group across verticals; its fate now hinges on SC's ruling on bankruptcy even as the quid pro quo case involving Kocchars goes on

Company says gross margins shrank 230 bps in Q2FY23 due to inflationary pressures and an unfavourable portfolio mix due to extraordinary high sales of pain management products last year

Sony Pictures Networks India (SPNI) has rebranded all its network channels to be more aligned with the Japanese conglomerate's global ethos, the company said in a statement on Monday. According to N P Singh, managing director and CEO, SPNI, "The power of the Sony brand and its values have driven our work ethics so far, and today, it reflects in our channel-brand architecture as well." "The work that we started three years ago has now reached fruition. We are creating a powerful unified entertainment conglomerate with a broader appeal by refocusing our existing channel portfolio in its latest look and feel," he added. Sony's networks exist at the intersection of technology and entertainment -- and the logos reflect this. The new branding colours are energetic, inspiring and remind us of a brilliant light spectrum, it said. "The curve in the logo comes from the swing of the Sony-S, with the dominant background being synonymous with the Sony brand. With this uniform shape and the ...

Indian billionaire Gautam Adani, Asia's richest man, is making his biggest media bet with a bid to buy a majority stake in New Delhi Television (NDTV)

Johnson and Johnson, GE and Toshiba recently announced split into multiple entities. Do the demands of an emerging market like India require a different approach? Let's find an answer to this question

A related problem in conglomerates is a complex web of crossholdings of shares among subsidiary and associate companies

The third company will own Toshiba's 40.6% stake in unlisted memory chipmaker Kioxia.

With its unrelated new initiatives, the group will enter the turfs dominated by the likes of Intel, Samsung, Tesla, Huawei, Amazon and Walmart- all of which are more focused than it - writes T N Ninan

The board of directors has recommended a dividend of Rs 33 per share for FY21.

Revenues from operations stood at Rs 2,146 crore, up 24.9% YOY and 17.7% over the previous quarter

Va­lued at over Rs 17 trillion ($232 bn), their combined worth has increased about 47 per cent since the start of last year

The restructuring will give each family group complete ownership of businesses they manage while scrapping the holding company