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Adi Godrej

Budget 2018: No immediate benefits for retail sector

The Narendra Modi Government sought to give a marked thrust to the rural sector in this year's Union Budget, its last full-year budget before the 2019 Lok Sabha polls, with the central ministries getting an allocation of Rs 14.34...

Godrej sees potentiality in FMCG for global markets

Godrej Group Chairman Adi Godrej on Friday said the group, globally, is seeing potentialilty in the fast moving consumer goods (FMCG) space for growth and developing countries in Asia, Africa and South America are in the focus."Globally, we are...

Pre-GST sales impact subdue FMCG cos performance in Q1: Experts

Top FMCG players, including Hindustan Unilever, Dabur, Marico and Emami would have performed much better in first quarter had sales not been impacted by de-stocking ahead of GST implementation, according to industry experts. According to a PTI report: While HUL...

Top 12 Retail and Consumer Products Billionaires in India 2017

American business magazine Forbes released its annual list featuring richest people in the world on March 20, 2017. It was a record year for the richest people on earth, as the number of billionaires jumped 13 per cent to 2,043...

Nisaba Godrej elevated as Godrej Consumer's chairman

Godrej Consumer Products Limited (GCPL) announced changes to its leadership team, effective May 10, 2017 where Nisaba Godrej, currently the executive director of the company, will become the executive chairperson. Chairman Adi Godrej will assume the chairman emeritus position...

Godrej Consumer Products Q4 net profit up by 212 pc to Rs 389.91 crore

FMCG firm Godrej Consumer Products Ltd on Tuesday said its consolidated net profit for the fourth quarter (Q4) ended March 31, 2017 shot up by 212.33 per cent to Rs 389.91 crore. According to the company, its net profit for...

Growth in FMCG demand in rural areas to be double digit: Adi Godrej

Godrej Group Chairman Adi Godrej on Thursday said that the rural demand for fast moving consumer goods (FMCG) will likely to have a double digit growth with a good monsoon. "If the monsoon is good, the agricultural economy is expected...

GCPL Q3 net profit down 4.3 pc to Rs 352 cr after demonetization

FMCG firm Godrej Consumer Products Ltd (GCPL) on monday logged a 4.34 per cent decline in consolidated net profit at Rs 351.78 crore for the December 2016 quarter partly due to the impact of demonetization. Its net profit for October-December last...

Demonetization a well-timed move, says Adi Godrej

Godrej Group Chairman Adi Godrej said demonetization is a well-timed move, in view of the proposed rollout of the Goods & Services Tax (GST) early next year. "Demonetization will certainly be a good thing in the medium to long term....

Adi Godrej calls for modest tax rates, end permission raj

Noted industrialist Adi Godrej called for "reasonable and modest" tax rates as an effective way to prevent creation of black money and pitched for a rule-based automatic approval mechanism to fight graft. According to a PTI report: The Government controls...
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Stanley Lifestyles IPO subscribed 1.43 times on day 1 of offer

The initial share sale received bids for 1,46,69,560 shares against 1,02,41,507 shares on offer, as per NSE dataNew Delhi:...
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