The ₹19,000 crore Godrej Enterprises Group (GEG) has reorganised its 14 business verticals into three clusters to pursue an independent growth strategy with agility, scale and clarity at the core, said chairman Jamshyd Godrej. “We have to do everything we must to look at scale, we have to look at focus,” he said in an … Read more
The families of Jamshyd N Godrej and Smita V Crishna are setting up a family council following the business realignment in April, said people with knowledge of the matter. In addition to this, the Crishna branch will set up a family office comprising Smita Crishna and her daughters Freyan and Nyrika. Nyrika, who is executive … Read more
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, while cousins Jamshyd and Smita getting unlisted Godrej & Boyce and its affiliates as well … Read more
Godrej Consumer Products (GCPL) is selling Bblunt’s consumer products and saloon business to Mamaearth. Key points to note: Acquisition is by Mamaearth’s parent Company Honasa consumer. Bblunt’s products business will be completely owned and managed by Honasa Bblunt’s saloon business will continue to operate as an independent entity GCPL held 30% of Bblunt and balance … Read more
February 3, 2022 In recent times, after DLF and Lodha, Godrej Properties (GP) seems to be the next one with aggressive ambitions in the Indian Real Estate Sector. The Company has been on a spree of land acquisitions and product launches. Now it has announced a strategic partnership with D B Realty (DBR) to target … Read more
The-controlled Godrej & Boyce Manufacturing Company (G&B) will continue to retain the around 3,401 acres of land that it owns, even as a division in the family business is expected to conclude soon. The Godrej family is synonymous with landholdings and the maintenance of what is the largest privately managed mangrove belt in the city. … Read more
Godrej Group flagship firm Godrej & Boyce on Tuesday said it aims to generate over one-third of its overall revenues from environment-friendly products by this fiscal end. The company aims to achieve the target as part of its environmental, social and governance (ESG) goals along with the investment targets for the next 10 years. The … Read more
Property developer Godrej Properties on Wednesday said it achieved sales of Rs 575 crore in a single day at the launch of the second phase of its project Godrej Woods in Noida. Godrej Properties said it sold 340 homes with an area of more than half a million square feet on the first day of … Read more
RPG Enterprises Chairman Harsh Goenka shared a video in which Nadir Godrej, MD of Godrej Industries, is seen reciting a moving poem for brother Adi Godrej marking his retirement as Godrej Industries Chairman. 79-year-old industrialist Adi Godrej will step down as chairman of Godrej Industries Ltd (GIL) after more than four decades, with effect from … Read more