'There are geopolitical challenges, but it does not affect India that much. India is in a bright spot'.
The company which already has a strong market share in the state aims to set up a multi-category factory
Godrej fab launched at Rs 99/ litre in South India
According to Godrej, it communicates LGBT+ inclusive policies and practices through LinkedIn posts and ensures that job descriptions are crafted accordingly
Volume growth is expected to be in the range of 10-12 per cent
Industry executives said that the two arms of the Godrej family are likely to finalise the formal split of business verticals
Godrej Agrovet Ltd (GAVL) on Saturday said it will set up an integrated palm oil complex in Telangana with an investment of Rs 300 crore over the next 3-4 years. The palm oil complex, to be set up in the Khammam district of Telangana, is spread over 125 acres and will consist of a crude palm oil mill along with the provision of setting up a refinery in the near future, GAVL said in a statement. The company will also establish a nursery with a capacity of up to 7 lakh saplings per year in addition to the seed production and research unit, it added. "Telangana's ambitious oil palm mission aims to bring 20 lakh acres under cultivation across the state. The mission will improve income for more than 5 lakh farm households, while at the same time contributing to the nation's deficit for edible oils. "Along with being the rice bowl for the country, Telangana is all set to become the largest edible oil producer in India," Telangana Municipal Administration and Urban Development, Industries
Realty firm Godrej Properties Ltd on Friday said it has acquired around 109 acre of land parcel in Nagpur to launch residential plots. In a regulatory filing, Godrej Properties informed that the development on this land will comprise primarily plotted residential units and offer an estimated saleable area of 2.2 million square feet. The company did not disclose the deal value and the name of the seller. However, market sources said the deal has been struck at around Rs 200 crore. Godrej Properties MD and CEO Gaurav Pandey said the acquisition of this new land parcel further enhances the company's presence in Nagpur. With the strong revival in housing demand post-COVID pandemic, Godrej Properties has been acquiring land parcels aggressively outrightly and through partnerships with land owners to expand its business. The demand for plots has also gained momentum. Godrej Properties, an arm of business conglomerate Godrej Industries, is one of the leading real estate developers in t
Deal likely to be around Rs 100 crore; Company expects revenue to touch Rs 1,000 crore this fiscal
Godrej Consumer Products has announced capital expenditure plan of Rs 900 cr
The revenue from operations for Q1FY24 came in at Rs 3,448.91 crore, compared to Rs 3,124.97 crore year-on-year
The total income for Q1FY24 came in at Rs 567.51 crore, compared to Rs 439.29 crore year-on-year
GCPL's total market capitalisation is around Rs 1.08 lakh crore, as per information available on BSE
Godrej Aerospace will be pitching to manufacture modules of the engine, a company official told Reuters during a plant visit
Sameer Shah, GCPL's current CFO, will move to a Group role leading consumer investments
Stocks to Watch today, June 5, 2023: Brent crude related stocks could see considerable action today as oil prices jumped over 2 per cent overnight, and another 2 per cent Monday morning
Godrej Agrovet's Oil Palm Business on Thursday said it has partnered with the State Bank of India (SBI) to offer loans to oil palm farmers for setting up micro irrigation facility and install fencing to protect crops from cattle and improvement of tube well at their oil palm farms. Introduced with an objective of aiding oil palm growth by improving Fresh Fruit Bunches (FFB) productivity, it will act as a catalyst to maintain juvenile gardens during the gestation period of the first 5 years, Godrej Agrovet said in a statement. "The partnership with SBI is a testament of our company's efforts to improve farmer's confidence in sustainable oil palm farming. With no income visibility during the long gestation period, this partnership will aid bridge the gap for their finance needs during the initial years," Godrej Agrovet CEO, Oil Palm Business, Sougata Niyogi said. He further stated that the implementation of National Mission on Edible Oils - Oil Palm (NMEO-OP) has generated a new sense
Godrej & Boyce unit Godrej Electricals & Electronics has bagged order worth Rs 2,000 crore from power transmission, railways and solar projects. "The Power Infrastructure and Renewable Energy (PIRE) business of Godrej Electricals & Electronics, a business unit of Godrej & Boyce Mfg. Co. Ltd, has secured orders worth over Rs 2,000 crore from Power Transmission, Railways, and Solar Projects," a company statement said. The projects include EPC (engineering procurement construction) for EHV substations of 400kV & 765kV across India, a GIS substation with 220kV underground cable in Mumbai and a 132kV substation project in Nepal, it stated. In the solar segment, the company has secured an order for a ground-mounted solar plant of 20MW in West Bengal. The order supports the business' aim to grow its solar EPC portfolio by 30 per cent annually over the next three years and promote energy conservation, it said. The business marks its entry into railway electrification with
RCCL will be a listed entity with a pure-play consumer-focused lifestyle business and sell the consumer products business to GCPL in a slump sale
Eyes a size of Rs 50,000 cr in five years; plans to infuse Rs 1,200 cr capital in current fiscal