Page 7 - Godrej

Godrej & Boyce creating hurdles for bullet train project: Maha govt to HC

The Maharashtra government on Tuesday told the Bombay High Court that Godrej & Boyce Manufacturing Co Ltd had left no stone unturned to create unnecessary hurdles for acquisition of land, owned by the company, for the Ahmedabad-Mumbai bullet train project. A division bench of Justices Nitin Jamdar and Sharmila Deshmukh was hearing a petition filed by Godrej & Boyce Manufacturing Co Ltd challenging an order of September 15, 2022 passed by the state government awarding compensation to it for land acquisition for the project. The company, in their petition, sought that the high court direct the state government to not start the process of awarding compensation and initiate possession proceedings. The state government, in its affidavit filed by deputy collector (land acquisition) Jagatsing Girase, termed the company's allegations as frivolous, baseless, unwarranted and unsubstantiated. It also informed the court that the acquiring body of the state government has already deposited

China's zero-Covid move could hit India's white goods post festive season

This will impact the flow of finished products into the Indian market, unlike last year, this impact will be felt post Diwali

'We need to stop dividing country; govt, industry need to do more'

Billionaire Nadir Godrej has said we need to "stop dividing the country" and urged the government as well as the industry to "do more" on this aspect. Godrej, the chairman and managing director of the diversified Godrej Industries, said we are doing very well on the economic front and also undertaking welfare measures like financial inclusion and education, but efforts ought to be made to "unify the country". "I think we need to try and unify the country and stop dividing the country. I think that is important and I am sure the government also recognises the economic growth requires that, and we should be focusing on that," Godrej told PTI on the sidelines of a book launch earlier this week. When asked if the industry also needs to do more on this front, he said, "Of course, industry should try and do things also by trying to be as inclusive as possible. And the government should also do more." Godrej's comments are rare among top industrialists, who generally refrain from speaking

India at 75: Chelpark and 14 other brands that will take you back in time

Some taglines have made us laugh. Some jingles have made us sing along. Some mascots have endeared themselves to us for a lifetime. Let's look at 15 such brands

Godrej submits Science Based Targets initiative for emission reduction

Godrej Industries Limited and Associate Companies (GILAC) has submitted greenhouse gas (GHG) emission reduction targets to the Science Based Targets initiative (SBTi) for validation

Godrej Consumer eyes double-digit domestic sales growth in Q1 of FY23

The firm, however, expects a mid-single-digit volume drop on a high base in the quarter

Godrej Industries reports net profit of Rs 422.82 cr for March quarter

The company had posted a loss of Rs 92.17 crore for the same quarter of previous fiscal year, Godrej Industries said in a regulatory filing

Godrej Properties decides not to go ahead with DB Realty investment

The real estate firm said the decision was taken after receiving shareholders' feedback. On Friday, the company's scrip fell nearly 10% on BSE

FPIs dump $2.1 bn worth bank shares in Nov, pump $2.7 bn into FMCG stocks

The inflows into the realty sector too could have been subdued if not for Godrej Properties' inclusion in the MSCI index

Godrej Group headed for split of $4.1 billion business empire: Report

At present, the group is led by veteran industrialist Adi Godrej (79), who is its chairman

Betting on 'good and green' hasn't hurt Godrej's wealth creation

Sustainability and development have been key goals for the group

Godrej Properties posts Rs 17 cr profit in Q1; sales bookings down 68%

Total income rose to Rs 261.99 crore in the first quarter of this fiscal from Rs 195.66 crore in the corresponding period of the previous year.

Consumer durables industry may contract 12-15% in FY21: Godrej Appliances

This was mainly due to the loss witnessed in June quarter and the worst hit was the air conditioner segment

Godrej Properties sells 275 flats worth Rs 475 crore in a day in Noida

The Godrej Housing project is located in Sector 43, Noida

FMCG prices jump as companies fight to contain commodity inflation

Companies are also looking for change in product mix and cost saving measures

Godrej Properties buys land worth Rs 166 cr for residential proj in Mumbai

Realty firm Godrej Properties Ltd has bought around 1.5 acre land parcels for Rs 166 crore in Mumbai to develop a residential project

Godrej plans to foray into co-working spaces through fund management arm

GFM has five million square feet across office properties in Mumbai Thane, Gurugram, Pune and Bengaluru

Godrej announces first close of $500 million office development platform

This is the 3rd India focused office venture and 5th overall, sponsored by GFM

Nifty can test higher levels if it holds 11,400: Nilesh Jain of Anand Rathi

The momentum indicators and oscillators on the weekly scale are very well in 'buy' mode

Godrej Industries Q1 net profit slumps to Rs 106 cr, revenue at Rs 1,980 cr

GIL's revenue from the chemicals segment was at Rs 245.62 crore in the June quarter this year. It was at Rs 399.11 crore in the corresponding quarter a year ago