Misses, waits and progress in naval missiles

The aircraft carrier INS Vikramaditya, formerly the Admiral Gorshkov, expected to join the Indian Navy later this year, is already late by five years and its price has risen three-fold, from $947......

Consumer durable firms set to hike prices as rupee slides

As the rupee has been on a downward slide and crossed 90 a dollar, consumer electronics firms are looking to raise prices of products ranging from air conditioners (ACs) to television panels up to......

Godrej split: Who gets to keep what

Jamshyd Naoroji Godrej and his sister Smita Crishna Godrej-controlled Godrej & Boyce will hold the exclusive construction rights over a vast land bank, including a prime 3,000 acre-property in......

Adi Godrej to step down; brother Nadir to take over

Veteran industrialist Adi Godrej will step down as chairman as well as from the board of directors of Godrej Industries Ltd, passing on the baton to his younger brother Nadir Godrej, effective......

Godrej to sell off foods division to Godrej Tea

FMCG major Godrej Industries Ltd will sell off its foods division to Godrej Tea Ltd, an associate company for over Rs 85 crore (Rs 850 million). The board of directors has approved the sale of......