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  • Multi-billion-dollar Godrej family settlement won't attract tax: Sources

    Multi-billion-dollar Godrej family settlement won't attract tax: Sources

    The group has opted for the 'family arrangement' route under tax law, which is exempt from capital gains tax

  • Godrej family reaches agreement to split conglomerate into two branches

    Godrej family reaches agreement to split conglomerate into two branches

    As per the settlement, Adi and Nadir Godrej will control listed companies while cousin Jamshyd gets the control of unlisted entities and the land bank.

  • Godrej family begins formal division of group, to start divestments soon: Report

    Godrej family begins formal division of group, to start divestments soon: Report

    As per the report, Adi and Nadir Godrej will divest their stakes in Godrej & Boyce to the other branch. Jamshyd Godrej and his side of the family will transfer interests in Godrej Consumer Products (GCPL) and Godrej Properties to their cousins through a family arrangement.

  • Big Bull Jhunjhunwala’s favourite CEOs

    Big Bull Jhunjhunwala’s favourite CEOs

    Billionaire investor Rakesh Jhunjhunwala's top CEO picks include Bhasker Bhat of Titan Industries for exceptional leadership, citing an 85660.68% stock return in 20 years and Adi Godrej, Chairman of Godrej Group for his transparency, capital returns, despite Jhunjhunwala not holding their stocks.

  • We need to stop dividing country; government, industry must do more: Nadir Godrej

    We need to stop dividing country; government, industry must do more: Nadir Godrej

    Adi Godrej, Nadir's elder brother and predecessor who helmed the business, had also warned in 2019 that rising intolerance and hate crimes can seriously damage growth.

  • Godrej Group all set for a split between the brothers: Reports

    Godrej Group all set for a split between the brothers: Reports

    The 124-year-old conglomerate in mulling for a complete large-scale division between two groups -- one led by Adi Godrej and Nadir Godgej, and the other by Jamshyd N Godrej and his sister Smitha Godrej Crishna.

  • Ode to a sibling: Nadir Godrej pens moving poem to Adi Godrej marking his retirement as Godrej Industries Chairman

    Ode to a sibling: Nadir Godrej pens moving poem to Adi Godrej marking his retirement as Godrej Industries Chairman

    With Adi Godrej deciding to step down as Chairman of Godrej Industries, his younger brother and successor Nadir has pinned a poem extolling the many virtues that took him to the zenith of Indian industry

  • Adi Godrej to step down as chairman of Godrej Industries, Nadir Godrej to take over

    Adi Godrej to step down as chairman of Godrej Industries, Nadir Godrej to take over

    Nadir Godrej, apart from assuming the role of Godrej Industries Chairman, would also continue to serve as Managing Director of the company.

  • Adi Godrej steps down from Godrej Consumer Products’ board

    Adi Godrej steps down from Godrej Consumer Products’ board

    The 79-year-old patriarch will continue to be the Chairman Emeritus of the company.

  • Expect realty to be our fastest growing business: Adi Godrej

    Expect realty to be our fastest growing business: Adi Godrej

    The group expects Godrej Agrovet also to perform well as it is mainly in the palm oil sector and the prices have risen a lot globally in the last month.

  • Adi Godrej's FY19 remuneration 114-times higher than firm's median pay

    Adi Godrej's FY19 remuneration 114-times higher than firm's median pay

    As per the report, Godrej's total remuneration in FY19 stood at Rs 6.07 crore, down 20 percent from the previous year.

  • Godrej family: Still a management lesson in family-business units?

    Godrej family: Still a management lesson in family-business units?

    Adi Godrej and Jamshyd Godrej said that they have been working on a long-term strategy plan for the group for several years.

  • India needs optimal tax system for better growth: Adi Godrej

    India needs optimal tax system for better growth: Adi Godrej

    "In India, our experience has been that lower rates of taxes have led to higher collection of taxes and higher rates of growth. So, we need to have a tax system that is optimal," Godrej said at the Economist India Summit.

  • Budget 2018: Expect reduction in corporate tax, MAT, says Adi Godrej

    Budget 2018: Expect reduction in corporate tax, MAT, says Adi Godrej

    The corporate tax rate for larger companies should be brought down to 25 percent, said Adi Godrej, Chairman, Godrej Group.

  • GST will lead to increase in GDP in next 6-months: Adi Godrej

    GST will lead to increase in GDP in next 6-months: Adi Godrej

    At the same time Godrej acknowledged that there are certain teething problems under the new tax regime.

  • GST will lead to increase in GDP in next 6-mths: Godrej

    GST will lead to increase in GDP in next 6-mths: Godrej

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

  • Adi Godrej, Andrew Liveris bag USIBC Global Leadership Awards

    Adi Godrej, Andrew Liveris bag USIBC Global Leadership Awards

    Both were honored for creating inclusive business environments, integrating India in the global supply chain and advancing core values such as manufacturing, innovation and scale in tough market conditions, the USIBC said.

  • Godrej ready for GST; preparing for transition for long time: Adi Godrej

    Godrej ready for GST; preparing for transition for long time: Adi Godrej

    The FY19 growth will be better than FY18 and will hopefully be double digit, said Adi Godrej, Chairman of Godrej Group.

  • GST, good monsoons to help boost growth for India in FY18-19

    GST, good monsoons to help boost growth for India in FY18-19

  • After handing over GCPL leadership baton, Adi Godrej reflects on life and business

    After handing over GCPL leadership baton, Adi Godrej reflects on life and business

    In an interview to CNBC-TV18's Priya Sheth, Adi Godrej, Chairman of the Godrej Group spoke about his outlook and impact of GST rollout for the company and Indian economy.

  • Godrej Consumer Products announces succession, Nisaba to fill in father Adi Godrej's shoes

    Godrej Consumer Products announces succession, Nisaba to fill in father Adi Godrej's shoes

    Adi Godrej, 75, will become Chairman Emeritus after leading the company for 17 years as Nisaba, currently Executive Director of the company, assumes the new role of Executive Chairperson on May 10, 2017.

  • E-tailers not making much progress in India: Adi Godrej

    E-tailers not making much progress in India: Adi Godrej

    "They (e-tailers in India) are not making much progress, even modern retail in India is not making much progress," the Chairman of the Godrej Group told PTI, while talking about the scene in this space.

  • Those expressing concerns over GST are tax evaders: Adi Godrej

    Those expressing concerns over GST are tax evaders: Adi Godrej

    The Chairman of the Godrej Group termed as "ridiculous" suggestions in some industry and business quarters that the GST roll out be pushed to October one from July one.

  • Adi Godrej spells out why there will be fewer family businesses in the long-term

    Adi Godrej spells out why there will be fewer family businesses in the long-term

    As Indian family-owned firms grow in size, their need for external investors and talent will rise in tandem, leading to diverse ownerships and professional managements, says Adi Godrej

  • Adi Godrej sees consumption pick up spur Godrej Consumer biz

    Adi Godrej sees consumption pick up spur Godrej Consumer biz

    Godrej Group's FMCG unit Godrej Consumer Products has left demonetisation behind in and expects a better show in the fourth quarter ending March 2017. Adi Godrej, Chairman, Godrej Group, said consumption has picked up and FMCG business is doing good.

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