Page 5 - Godrej

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

Godrej Agrovet to set up Rs 300 cr integrated palm oil complex in Telangana

Godrej Agrovet Ltd (GAVL) on Saturday said it will set up an integrated palm oil complex in Telangana with an investment of Rs 300 crore over the next 3-4 years. The palm oil complex, to be set up in the Khammam district of Telangana, is spread over 125 acres and will consist of a crude palm oil mill along with the provision of setting up a refinery in the near future, GAVL said in a statement. The company will also establish a nursery with a capacity of up to 7 lakh saplings per year in addition to the seed production and research unit, it added. "Telangana's ambitious oil palm mission aims to bring 20 lakh acres under cultivation across the state. The mission will improve income for more than 5 lakh farm households, while at the same time contributing to the nation's deficit for edible oils. "Along with being the rice bowl for the country, Telangana is all set to become the largest edible oil producer in India," Telangana Municipal Administration and Urban Development, Industries

Godrej Properties acquires 109-acre land in Nagpur to expand business

Realty firm Godrej Properties Ltd on Friday said it has acquired around 109 acre of land parcel in Nagpur to launch residential plots. In a regulatory filing, Godrej Properties informed that the development on this land will comprise primarily plotted residential units and offer an estimated saleable area of 2.2 million square feet. The company did not disclose the deal value and the name of the seller. However, market sources said the deal has been struck at around Rs 200 crore. Godrej Properties MD and CEO Gaurav Pandey said the acquisition of this new land parcel further enhances the company's presence in Nagpur. With the strong revival in housing demand post-COVID pandemic, Godrej Properties has been acquiring land parcels aggressively outrightly and through partnerships with land owners to expand its business. The demand for plots has also gained momentum. Godrej Properties, an arm of business conglomerate Godrej Industries, is one of the leading real estate developers in t

Godrej Security gets Central Vista project; expects revenue to hit Rs 1k cr

Deal likely to be around Rs 100 crore; Company expects revenue to touch Rs 1,000 crore this fiscal

Godrej FMCG firm to set up Rs 515 cr manufacturing unit in Tamil Nadu

Godrej Consumer Products has announced capital expenditure plan of Rs 900 cr

Godrej Ltd Q1FY24 result: Consolidated net profit falls 7% to Rs 318 crore

The revenue from operations for Q1FY24 came in at Rs 3,448.91 crore, compared to Rs 3,124.97 crore year-on-year

Godrej Properties Q1FY24 results: Net profit at Rs 121 cr; revenue up 44%

The total income for Q1FY24 came in at Rs 567.51 crore, compared to Rs 439.29 crore year-on-year

Goodknight biz has implied value of around Rs 30,000 cr: GCPL chairperson

GCPL's total market capitalisation is around Rs 1.08 lakh crore, as per information available on BSE

Godrej Aerospace eyes share of GE 414 engine manufacturing, supply chain

Godrej Aerospace will be pitching to manufacture modules of the engine, a company official told Reuters during a plant visit

Godrej Consumer Products appoints Aasif Malbari as CFO from August 10

Sameer Shah, GCPL's current CFO, will move to a Group role leading consumer investments

Stocks to Watch on Monday, June 5: SBI Life, Hero Moto, Bajaj Finserv, NTPC

Stocks to Watch today, June 5, 2023: Brent crude related stocks could see considerable action today as oil prices jumped over 2 per cent overnight, and another 2 per cent Monday morning