Adi Godrej News

According to a stock exchange filing, the cousins, Jamshyd and Smita, will receive the unlisted Godrej & Boyce Mfg. Co., along with its affiliates and a huge land bank.

Godrej group is managed and owned by Godrej family, which is headed by Adi Burjorji Godrej. Adi with a net worth around $3 billion is known for his humility and simplicity. He is the recipient of the Padma Bhushan 2013.

Nadir Godrej, who is currently Managing Director of Godrej Industries, will take over as the new Chairman and Managing Director. Godrej Industries is one of the Godrej Group`s holding companies with interests in consumer goods, real estate, agriculture and gourmet retail through subsidiary and associate companies across 18 countries. Adi Godrej has served at the helm of several trade and industrial bodies.

Veteran industrialist Adi Godrej on Wednesday said the Goods and Services Tax (GST) will lead to considerable increase in the GDP in the next six months.

Nisaba, also called Nisa is currently Executive Director of Godrej Consumer Products.

Veteran industrialist Adi Godrej on Tuesday handed over the baton of Godrej Group flagship firm Godrej Consumer Products to his daughter Nisaba, who at 39 years is among the youngest women to head a large-sized Indian firm.

The GST rollout and strong macro-economic fundamentals are likely to revive private investments from the second half of this year, industry stalwarts Deepak Parekh and Adi Godrej said on Friday.

 Godrej Group Chairman Adi Godrej has said the government should not "interfere" in the real estate sector, often cited as one of the biggest black money generators, even as he termed demonetisation a "positive step".

Parmeshwar Godrej - wife of Adi Godrej (Chairman of Godrej Group), Parmeshwar had contributed immensely towards creating awareness about AIDS and combating the disease in India through the Heroes Project. 

Veteran Industrialist Adi Godrej has spoken out against liquor prohibition, saying it won't work and would be a futile exercise to enforce it.

Voicing his opinion against prohibition and beef ban in the country, Adi Godrej, chairman of the Godrej Group has said that these government policies hurt the economy.

 FMCG major Godrej Consumer Products Ltd (GCPL) today reported a 22.44 per cent increase in its consolidated net profit at Rs 287.16 crore for the second quarter ended on September 2015 on back of a healthy volume growth.

Singling out GST as a key for driving growth, Godrej Group Chairman Adi Godrej on Thursday said implementing it alone can propel India's growth rate to double digits.

Debunking criticism of India Inc of launching an online signature campaign for proper functioning of Parliament, Finance Minister Arun Jaitley on Wednesday said people, students, and industrialists have right to express their views.

'Disheartened' by the continuing disruptions in Parliament, top industrialists including Rahul Bajaj, Adi Godrej and Kiran Mazumdar-Shaw have signed an online petition along with 17,000 persons to end the gridlock.

Underscoring the need for robustness in corporate governance, industrialist Adi Godrej Wednesday said organisations need to be based on principles rather than rules.

Godrej Industries, part of Godrej Group, Wednesday reported a 21.57 percent increase in its consolidated net profit at Rs 138.96 crore for the quarter ended March 31, 2015.

The Narendra Modi-led government is "clearly on the path of reform", industrialist Adi Godrej on Wednesday said here, adding if the Goods and Services Tax (GST) comes into effect next April, India could see over 10 percent GDP growth.

Homegrown conglomerate Godrej Group on Thursday said it will focus on consumer products to spearhead its growth in the future.

Expressing concern over incidents like attacks on churches, industry leader Adi Godrej on Friday said the government needs to control extreme 'Hindutva' elements as continuation of such cases can dampen investor sentiments and "create disturbances".