Conglomerates

Not just foreign cos, Indian corporations also jumping on the GCC bandwagon

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

Shapoorji Pallonji to take its real-estate arm public in 2 years: Report

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

India needs its conglomerates

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

Conglomerates, cronyism, brandless growth

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

Billionaire Raj: The rise of India's multi-business conglomerates

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

Consumer companies push deal activity to 25-year high in 2022, shows data

Many small brands swallowed up in catch-up acquisition spree

Conglomerates and their capex push: How much firms added since pandemic

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

From industry icon to defaulter: How Venugopal Dhoot lost his empire

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

Emami Sept quarter net flat at Rs 184 crore, pre-tax profit dips 18%

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 India rebrands channel portfolio to align with global ethos

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 ...

Asia's richest man Adani's conglomerate on deals spree in India, abroad

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)

Will Indian conglomerates also go the General Electric way?

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

Cloud over conglomerates

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

Toshiba announces plan to split into 3 firms, shareholder reaction in focus

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

Ambitious again? Tata group entering too many global giants' turfs all at once

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

Piramal Enterprises reports consolidated net loss of Rs 510 crore in Q4

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

Birla Corporation March quarter net profit up 28% on higher sales

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

Tata Group's market capitalisation zooms past Rs 17 trillion-mark

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

TVS group board of directors give their nod for 'family arrangement'

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

Birla Corporation's December quarter net profit jumps 82 per cent

The company, however, faced cost pressure in the December quarter, with an increase in raw material, power and fuel costs