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Impacted by an increase in soap prices and unseasonal rainfall slowing down sales of the home insecticides (HI) segment, Godrej Consumer Products expects a “flattish” underlying volume growth and a mid-single-digit sales growth in the domestic market in the December quarter. Both segments jointly contribute to two-thirds of GCPL’s standalone revenue — mainly income from…
With his brother Vinod, Gautam Adani added $48 billion to take the familys net worth to $116 billion New Delhi: Adani Group chairman Gautam Adani emerged as the biggest dollar gainer on Thursday among the list of Forbes India’s 100 richest tycoons, with the family’s net worth rising to $116 billion. Along with his brother…
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127-year-old business empire of the Godrej Group is all set for a shareholding realignment New Delhi: The 127-year-old business empire of the Godrej Group is all set for a shareholding realignment. In the redistribution announced on Tuesday, the billion-dollar company will now be split between Adi and Nadir Godrej and their cousins Jamshyd Godrej and Smita Crishna…
Read More “Jamshyd Godrej And Smita Godrej Crishna, Godrej & Boyce’s Owner After Split” »
In the statement, the Godrej family termed the split as “an ownership realignment”. New Delhi: The founding family of 127-year-old Godrej Group, which spans from soaps and home appliances to real estate, has reached an agreement to split the conglomerate, with Adi Godrej and his brother Nadir keeping Godrej Industries that has five listed firms,…
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