Page 4 - Godrej

Transfer of baton: New-gen leaders to take the reins as Godrej group splits

Each family may sell the shares it holds personally and/or via trusts to the other family in tax-neutral transactions

Godrej split: Experts weigh on amicable settlement impact on stock prices

Say stock prices will react positively as key overhang removed

Adi-Nadir Godrej family makes open offer to acquire Astec Lifesciences

To acquire 20.84% stake in Godrej Industries from Jamshyd Godrej family

Best of BS Opinion: A Chinese invasion of the auto landscape & more

Here is the best of Business Standard's opinion pieces for today

Multi-billion dollar Godrej family split may not attract tax, say lawyers

A family settlement is defined as an arrangement between members of the family with the intent to avoid disputes

Preserving a brand

Amicable Godrej split has a lot riding on it

Godrej Group division: Here's a look at 127-year-old history of the company

From steel locks to Cinthol soap, here is a look at the group that once played a role in the Swadeshi movement

Godrej family amicably splits 127-year-old conglomerate into two groups

Adi Godrej family gets control of listed entities while cousin Jamshyd to own Godrej & Boyce and land bank

Godrej family splits group; divides businesses, assets between Adi, Jamshyd

In the statement, the Godrej family termed the split as 'an ownership realignment' of the shareholdings in the Godrej companies

Godrej Electricals & Electronics secures orders over Rs 1,000 cr in FY'24

Godrej Electricals & Electronics on Thursday said it has secured orders worth over Rs 1,000 crore in financial year 2023-24 in power and infrastructure business. These orders predominantly entail both Air Insulated Switchgear (AIS) and Gas Insulated Switchgear (GIS) substations across India, with certain projects of up to 765kV capacity, a company statement said. Each of these projects range from Rs 100 crore to Rs 400 crore in value, it added. We are delighted with our recent order acquisitions, which further solidify our presence in the segment of over 400kV," Raghavendra Mirji, Executive Vice President & Business Head, Godrej Electricals & Electronics said. Mirji further noted that securing the inaugural 765kV GIS order for execution at Khavda, in Gujarat marks yet another significant milestone for the company, symbolizing its dedication to pushing the boundaries of technological advancement. Mirji said, "majority of our orders secured in FY 2023-24 pertaining to ...

Godrej Properties buys land in Hyderabad for Rs 1,300 cr housing project

This is the company's second land acquisition in Hyderabad, which will take the overall booking value potential added in the city to Rs 4,800 crore

'Companies can be isles of inclusion, have people of all castes, religion'

Godrej Consumer Products chairperson Nisaba Godrej on Tuesday pitched for India Inc to be an "isles of inclusion" by having more representative workforces. Speaking at a special event organized by the Godrej Group in the run-up to International Women's Day, Godrej said there is also a need for making workforces more gender-balanced. "You know there is whole thing on religion, caste and there is so much going on in India but we should be more representative of the country," she said. Corporate India should also be talking more on parenting, caregiving and taking care of the elderly people, she said, adding that if need be, share the same with the government as well. Godrej also said that there are challenges on the employment front and the government needs to do more on this. "I think we have a jobs issue which the government needs to sort out," she said, voicing worries on the decline in labour force participation among women. Stressing on the need to disaggregate the data by sta

Godrej plans stake sale in food JV; in talks with potential investors

In talks with potential investors, including PE firms; valuation of company not disclosed

Godrej Appliances expects 20% growth in AC, refrigerator sales this summer

Homegrown white goods major Godrej Appliances on Tuesday said it expects at least a 20 per cent growth in sales of air conditioners and refrigerators during the summer season. The city-based company is the fourth largest air conditioner brand with 0.7 million units sales and the fifth when it comes to refrigerators with 1.8 million sales in the country. "We expect the summer to be scorching this year after an extended winter and this should help us clock at least 20 per cent uptick in volume for both ACs and refrigerators. "Last year, our AC sales more than doubled," Kamal Nandi, executive vice president and business head at the Godrej Appliances told PTI here on Tuesday. He was speaking on the sidelines of the launch of its new range of wood-finish and natured-inspired refrigerators and air conditioners. Nandi said he expects at least 10 per cent of incremental volumes to come in from these new products which will command a 5 per cent premium over its existing products. While it

India remains a bright spot amid geopolitical tensions, says Nadir Godrej

'There are geopolitical challenges, but it does not affect India that much. India is in a bright spot'.

Global investors meet: Godrej Consumer to invest Rs 500 cr in Tamil Nadu

The company which already has a strong market share in the state aims to set up a multi-category factory

Godrej Consumer starts price war in liquid detergents with new product

Godrej fab launched at Rs 99/ litre in South India

From Godrej to Tata, India Inc begins breaking the diversity mould

According to Godrej, it communicates LGBT+ inclusive policies and practices through LinkedIn posts and ensures that job descriptions are crafted accordingly

Consumer durables firms see double-digit growth on festive shopping

Volume growth is expected to be in the range of 10-12 per cent

Godrej Group in advanced talks to conclude split of businesses: Report

Industry executives said that the two arms of the Godrej family are likely to finalise the formal split of business verticals