NADIR
Godrej family settlement: For next 6 years, the two sides can compete in only one business
In family settlement cases, non-complete agreements are a standard practice, in India as elsewhere. For the Godrejs, the non-compete period started on April 30.
Godrej Split: Godrej & Boyce to hold exclusive construction right over Godrej land bank
The former will lead Godrej Industries Group, comprising listed companies, including Godrej Industries Ltd, Godrej Consumer Products Ltd, Godrej Properties Ltd, Godrej Agrovet Ltd and Astec Lifesciences Ltd. 75-year-old Jamshyd Godrej will lead Godrej Enterprises, which comprises Godrej & Boyce Manufacturing Co. with presence in many sectors like aerospace, aviation, defence, energy, construction, IT and software while his niece Nyrika Holkar will be the executive director.
Godrej family seals terms of division; Nyrika Holkar, Pirojsha Godrej emerge key next generation leaders
As per the arrangement that was uploaded on stock exchanges, Jamshyd Godrej, along with his niece Nyrika Holkar and their families, will now oversee the Godrej Enterprises Group (GEG), encompassing Godrej & Boyce and its affiliates spanning various industries. This development marks a significant change in control within the organisation.
Godrej family split: Adi, brother to keep listed firms; cousin Jamshyd to get unlisted cos, land bank
As per the arrangement that was uploaded on stock exchanges, Jamshyd Godrej, along with his niece Nyrika Holkar and their families, will now oversee the Godrej Enterprises Group (GEG), encompassing Godrej & Boyce and its affiliates spanning various industries. This development marks a significant change in control within the organisation.
Godrej split: Board exits done, stake divestment to follow
The amicable separation is between two branches of the founding family with Adi Godrej and brother Nadir Godrej on one side and their cousins Jamshyd Godrej and Smita Godrej Crishna on the other. The latter two are brother and sister.
If monsoon is good, it should be good for all agri businesses: Nadir Godrej, Godrej Agrovet
Nadir Godrej is optimistic about cattle feed and aquafeed segments, emphasizing premium, efficient products with R&D results for sustainability. Muted margin performance may be affected by the hot summer, but good monsoon projections offer hope for the future. Nadir Godrej says: " because of the high quality of our feeds, we expect the margins will be quite good."
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Pune will become a part of Bombay with the Atal Setu; everything in between will be one huge megalopolis: Nadir Godrej
Nadir Godrej discusses the growth and diversification of Mumbai, mentioning the Atal Setu that has expanded the city's area. He also highlights the challenges of air pollution and the city's role as a financial hub.
The cost of Green Hydrogen: What needs to happen for it to be competitive
A robust Green Hydrogen economy can unlock six lakh jobs, reduce fuel import bills, offer indigenous options for fertilisers, and reduce GHG emissions. Green Hydrogen is slated to gallop from a brilliant theoretical idea to a massive “Brahmastra” against climate change!
Godrej Group looks to lock in terms of division ahead of family split of Rs 1.76-lakh-crore conglomerate
The two factions of the Godrej family - Godrej Industries & Associates led by Adi Godrej and his brother Nadir, and Godrej & Boyce Manufacturing Company (G&B) involving cousins Jamshyd Godrej and Smitha Godrej Crishna - are likely to finalise soon the formal split of business verticals as diverse as engineering, appliances, security solutions, agricultural products, real estate, and consumer products, said the officials familiar with the matter.
Virender Sehwag was the easiest to dismiss, Dravid most difficult: Former Pakistani bowler Naved-ul-Hasan
Former Pakistani pacer Rana Naved-ul-Hasan has said that Indian cricketer Virender Sehwag was the easiest to dismiss due to his aggressive batting style. However, Naved-ul-Hasan also acknowledged Rahul Dravid as the most challenging batsman he bowled to. Comparing Babar Azam and Virat Kohli, he said that the former is technically better than Indian star batsman.
We expect palm oil prices to be fairly steady: Nadir Godrej, Godrej Agrovet
But actually, a lot of our profits do come from our oil palm business, which is steadily growing. The government's new policy on oil palm is very beneficial. We are getting new allocations in the Northeast and in Telangana which are very promising for the oil palm business.
Godrej company chairman at Davos presents poem on climate change
Blue carbon refers to carbon captured by the world's oceans and coastal ecosystems. Despite occupying only about 5 per cent of land area, coastal wetlands store about 50 per cent of all carbon buried in ocean sediments. A plethora of restoration projects have been launched in recent years to restore coastal ecosystems, especially mangrove forests that are highly effective carbon sinks.
ESG should not be seen as profits lost: Nadir Godrej
As part of their efforts to change, companies all over the world, not just in India, are trying to build sustainability and corporate responsibility into their businesses. Speaking about the experience of European companies in adopting ESG, Julie Teigland, EMEIA Managing Partner, EY, said in an EY panel discussion that most companies are transitioning rapidly to comply with the many EU regulations.
We need to stop dividing country; govt, industry must do more: Nadir Godrej
Godrej, the chairman and managing director of the diversified Godrej Industries, said we are doing very well on the economic front and also undertaking welfare measures like financial inclusion and education, but efforts ought to be made to "unify the country".
Looking at IPO for home finance biz in 2-3 yrs’ time: Nadir Godrej
“Both palm kernel oil and palm oil have fallen considerably but they are still higher than earlier and this is going to be a big fillip for the Indian palm oil industry. The government’s initiatives in promoting palm oil are excellent and that will help us grow. We are planning to expand considerably in the north-east.”
Mystery crater potentially caused by relative of dinosaur-killing asteroid
Intriguingly, the crater, named "Nadir" after the nearby volcano Nadir Seamount, is of the same age as the Chicxulub impact caused by a huge asteroid at the end of the Cretaceous period, around 66 million years ago, which wiped out the dinosaurs and many other species.
Scientists discover a 5-mile wide undersea crater created as the dinosaurs become extinct
Scientists say that an asteroid from outer sky slammed into the Earth's surface some 66 million years ago, resulting in a massive crater underneath the sea wreaking havoc on the planet.
Godrej Industries Q4 Results: Profit at Rs 423 cr
Godrej Industries said consolidated results for the quarter and the year are not strictly comparable with those of the previous quarter and year due to acquisitions and changes in the company's/group's shareholdings in some of the subsidiaries, joint ventures and associates.
Isprava Group raises Rs 1,000 crore from Nadir Godrej, Burman family offices
The latest fund raising has seen major participation from the Nadir Godrej Family Office, the Burman Family Office and others. The company had earlier raised funds in early 2017 and in 2019.
Nadir Godrej on prospects of Godrej Agrovet this year
“Agro chemicals, pharmaceuticals and speciality chemicals have had an excellent year and agro chemicals exports were also excellent. Oil palm of course has been a very successful business for us. The palm oil prices are at an all-time high. This is likely to stay for sometime but in the long run, we expect prices to normalise.”
India needs constellation of actions to deal with climate change: NK Singh
Singh said the entire issue of climate change really "enabled us to have a fresh look" at the entire gamut of Centre-State relations.
Nadir Godrej's heartwarming 1181-word 'farewell' poem for big brother Adi Godrej impresses RPG Group Chairman
Adi Godrej is retiring from his six-decade-long stint at Godrej Industries.
‘Adi Godrej has created good working climate for shared leadership’
Group board members said Godrej had informed his decision to step back from all executive roles and had ratified his choices of successors by giving them the space to prove themselves.
Nadir Godrej to take over as chairman of Godrej Industries, Adi Godrej to step down
Adi Godrej to stepdown as Chairman and from Board of Directors as Nadir Godrej takes over from October 1. Adi Godrej will continue to serve as Chairman of the Godrej Group and Chairman Emeritus of GIL.
Coronavirus rumours hit sales of egg, chicken
BS Yadav, managing director of Godrej Agrovet, a compound animal feed company, told reporters on Thursday that the coronavirus rumour has led to a 50% drop in consumption to 35-40 million birds a week, while prices have dropped by 70%.
Auto sales at 20-year nadir in 2019: SIAM
In passenger vehicles, an easing in the pace of decline in December, though on a low base, and an improvement in the rolling average in the last three months of the year led the industry to suggest that the worst may be over.
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