This will impact the flow of finished products into the Indian market, unlike last year, this impact will be felt post Diwali
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
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Godrej Industries Limited and Associate Companies (GILAC) has submitted greenhouse gas (GHG) emission reduction targets to the Science Based Targets initiative (SBTi) for validation
The firm, however, expects a mid-single-digit volume drop on a high base in the 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
The real estate firm said the decision was taken after receiving shareholders' feedback. On Friday, the company's scrip fell nearly 10% on BSE
The inflows into the realty sector too could have been subdued if not for Godrej Properties' inclusion in the MSCI index
At present, the group is led by veteran industrialist Adi Godrej (79), who is its chairman
Sustainability and development have been key goals for the group
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.
This was mainly due to the loss witnessed in June quarter and the worst hit was the air conditioner segment
The Godrej Housing project is located in Sector 43, Noida
Companies are also looking for change in product mix and cost saving measures
Realty firm Godrej Properties Ltd has bought around 1.5 acre land parcels for Rs 166 crore in Mumbai to develop a residential project
GFM has five million square feet across office properties in Mumbai Thane, Gurugram, Pune and Bengaluru
This is the 3rd India focused office venture and 5th overall, sponsored by GFM
The momentum indicators and oscillators on the weekly scale are very well in 'buy' mode
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
Rent amount not disclosed, logistics firm brings seven business units from four different locations under one roof at Godrej Two