Godrej Agrovet Ltd, the agri-business arm of leading conglomerate Godrej Ltd, plans to enter the dairy farming business. The company is in talks with at least two leading Israeli dairy farm technology providers.
It is also planning to introduce some of its acquired overseas brands in India and evaluating a re-entry into air freshners.
'Bilateral trade has suffered seriously because of the growing unrest.' 'There is a standstill on both sides amid the curfew.'
Godrej Consumer Products buyback soon Godrej Consumer Products Ltd has informed BSE that the buyback announced on January 16, 2003 will commence on or after January 24, 2003.
The group is selling off unprofitable businesses and narrowing its focus to raise revenue ten fold by 2021.
Godrej Consumer Products Ltd declared interim dividend of Rs 2 per share for the financial year 2002-03.
Godrej is on an acquisition drive to expand its hair care, home care and personal wash business in Asia, Africa and South America.
It's one big bowl of crunchy goodness.
Godrej Properties, part of the Godrej group, may float an initial public offer of about Rs 500 crore (Rs 5 billion) in the next three months, said a banker close to the development. The company plans to sell 9.4 million equity shares in the IPO, which will constitute 13.5 per cent paid up capital of the company, the draft red herring prospectus filed by it showed. The company also plans a pre-IPO placement of 2.4 million shares with investors, the company said.
The group's much-touted acquisitions in recent years follow a series of disappointments in joint ventures.
Asked about the possible size of acquisitions, GCPL said,"The company is open to deals which are valued up to Rs 1,000 crore."
Godrej-GE Appliances which sold a faulty refrigerator has been held guilty of deficiency in service by a Delhi consumer court.
'She adds value to life in many commendable ways. Apart from her many contributions to our consumer products business and Godrej Properties, she dedicates her energies and resources to charity, to philanthropic causes and most of all how she has managed her time as a wife, mother and entrepreneur brilliantly,' says Adi Godrej.
The $2.25-billion Godrej Group is considering leasing its flagship name to group companies for a royalty fee, a model similar to the one adopted by Tata Group, India's largest conglomerate.
He says conditions for entrepreneurship and SMEs needed to be improved for the sake of growth in economy and employment opportunities.
The recent changes at the Godrej Group are not just cosmetic they are a result of strict prioritisation and better listening.
Godrej has provided three security products -- tyre killers, under vehicle surveillance, boom barriers -- to be installed around Bangalore's Vidhana Soudha, as part of its mandate to secure key government offices. The company is aiming for Rs 400 crore (Rs 4 billion) in revenues in FY 2008-09 as against Rs 300 crore (Rs 3 billion) it registered last year and has set a target to achieve Rs 1,000 crore (Rs 10 billion) by 2012-13.
To fund its expansion plans, Godrej Properties Ltd plans to enter the capital market this fiscal and it is in talks with investment bankers for this purpose.
The company also believes the e-commerce facility would prove especially handy for the NRI consumers who would want to present gifts to their families back in India.
Ahead of the Union budget, Godrej Group chairman Adi Godrej on Monday said the government needs to move toward implementing a goods and services tax regime besides taking measures to control inflation.
Companies seeking to tie up with nationwide pharmacy chain.
Consumer durables major Godrej & Boyce plans to enter the television segment in 2008.
A large number of the civilian awards went to persons from the 'art' category.
According to a CII statement, Godrej mentioned that in the given economic condition, it would have been natural to seek a stimulus including reductions in excise and service tax rates.
"We are upgrading both our processing plants in Maharashtra and Karnataka. The capacity will be enhanced along with other utilities such as cold chain in six months. The investment in this company (Godrej Tyson) will be close to Rs 40 crore (Rs 400 million)," Godrej Agrovet and Godrej Tyson Managing Director B S Yadav said.
This is the first time the $4-billion (Rs 21,600-crore) Godrej Group has a brand ambassador for its corporate campaign, though it has used celebrities to endorse individual products such as Godrej Eon (Preity Zinta) and Cinthol (Virat Kohli now, Hrithik Roshan earlier).
Diversified business group Godrej Industries has set up a $50 million venture capital fund along with a set of individuals to invest in agri start-ups.
After its Rs 462-crore (Rs 4.62 billion) initial share sale, the real estate developer Godrej Properties on Tuesday said it plans to raise around Rs 3,000 crore (Rs 30 billion) through debt or equity to fund its expansion plans over the next two-three years.
Godrej group Chairman Adi Godrej describes in an interview to Viveat Susan Pinto the way forward for the conglomerate after the implementation of the GST.
Led by a new generation of entrepreneurs, India's family offices are shifting from traditional investments in physical and tangible assets like real estate to investing in technology, healthcare, and retail stocks. This new wave of family offices is engaging in stock market investments, including pre-IPO placements and secondary market operations. "Born into a world of technology, the next generation, especially those born after 2000, view technology as equally crucial as finance for running a business.
Milk supplies could improve with the monsoon, provided the rains are not excessive.
When Godrej Consumer announced in October this year that it had acquired UK-based Keyline brands marking its first overseas acquisition, most people had not heard about the company.
Vivek Gambhir revels in his two-city life between the Godrej-owned flagship in Mumbai and his own family in New Delhi.
Most brokerages are betting that the new government will shift to a policy focussing on boosting rural incomes and consumption since that has clearly been a pain point.
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