Page 2 - Godrej Group

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

Veteran bankers to advise Godrej group promoters on division of assets

Zia Mody, Cyrill Shroff to advice on legal matters

New launch demand after a muted Q1 fires up Godrej Properties stock

Valuations, however, factor in the demand uptick

Pyxis Holdings acquires majority stake in Godrej Housing, Ensemble Holdings

Godrej Industries on Tuesday said its subsidiary Pyxis Holdings has acquired majority stake in group firms Godrej Housing Finance Ltd (GHFL) and Ensemble Holdings and Finance Ltd (EHFL).

Adi Godrej to quit as chairman of Godrej Industries on October 1

Godrej said the company's "best years are ahead" and looks forward to Nadir and his team achieving exciting aspirations

Godrej Properties posts loss of Rs 192 cr in Q4, total income falls 60%

The company said it recorded the highest ever quarterly collection of Rs 2,041 crore

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

The Godrej Housing project is located in Sector 43, Noida

Godrej Fund Management raises $200 million from APG for office segment

GFM has fully invested the previously raised capital under GBTC I and Godrej Office Fund I

FMCG major Godrej Consumer forays into home cleaning products

FMCG maker Godrej Consumer Products Limited (GCPL) on Tuesday said it has forayed into home cleaning products, a segment which is witnessing fast growth after the pandemic. The Godrej group firm would provide surface cleaning and disinfecting solution under its newly-launched brand Godrej ProClean, the company said in a statement. According to the marketing research firm AC Nielsen, the home cleaning products segment, which includes branded floor, toilet and bathroom cleaners, is estimated to be around Rs 2,600 crore. Moreover, due to increased awareness about cleanliness and hygiene, consumers are opting for home cleaning products and their preferences have also shaped the demand for durable, new-age products as against the traditionally used cleaners like phenyl. Commenting on the development, GCPL CEO India & SAARC Sunil Kataria said: "Indian consumers are becoming more hygiene conscious. Demand for cleaning products continues to grow due to consumer alertness concerning the ...

Godrej Fund in talks with Bengaluru-based developer for Rs 1,200-cr deal

If the deal fructifies, it will be one of the biggest commercial property deals in the country this year

Godrej group enters housing finance, eyes 40,000 customer base in three yrs

The group plans to infuse Rs 1,500 crore in next 3-4 years and borrow subsequently at competitive rates

Godrej Fund in talks with global investors to raise new corpus of $500 mn

The fund would invest $50 million to $150 million each and focus on Mumbai, National Capital Region, Pune and Bangalore markets

Godrej group hikes stake in Sobha to 10% in Q1FY21 via market purchases

Real estate analysts say it could be no more than a portfolio investment; Sobha says not in talks with Godrej

Gambhir leaves Godrej Consumer Products with serious challenges to tackle

The company has lagged peers in earnings, stock returns in the outgoing MD's tenure

Family businesses: Time to stand up

Taking care of people and communities in times of crisis can offer a brand or company many long-term benefits

With Rs 3,000 cr cash in hand, Godrej eyes properties in prime locations

Their strategy is currently contrarian to the market, where developers are cutting on launches and preferring to clear existing stock, to generate cash and repay dues.

Godrej Consumer's FY20Q2 results beat estimates, domestic volume up 7%

Each of the two key segments, household insecticides and soap (around 75 per cent of domestic sales), reported a 7 per cent volume growth in Q2 versus a decline or muted volumes in the April-June qua

Godrej Security Solutions to invest Rs 100 cr in R&D, branding next 2 years

The company seeks to expand retail footprint in tier-II and III markets, is strongly focussed on Africa for exports

Godrej Fund Management plans to launch another office development fund

With the new fund raise, Godrej Fund Management now has $1.6 billion (Rs 11,400 crore) of assets under management. It also has funds for residential real estate

Working on long-term options to settle the matter, says Godrej group

The land parcel was acquired by the Godrej family in early 1940s from the Bombay High Court receiver