Dabur India CEO Mohit Malhotra says the gap between urban and rural consumption is narrowing, indicating a positive trend in the rural consumer goods market.
Godrej Properties has announced that Gaurav Pandey, who is CEO-North Zone, will take over from Malhotra
Consumers have moved to low unit packs even in urban India due to price increases and inflation, Dabur CEO Mohit Malhotra said in a post-earnings investor call.
The market challenge for the new CEO can be seen from Dabur's consistent growth under the outgoing head
Pirojsha Godrej becomes Executive Chairman while Executive Director Mohit Malhotra takes over from Pirojsha as Managing Director and Chief Executive.
Mumbai-based real estate firm Godrej Properties reported healthy growth in third quarter earnings despite currency demonetisation. Profit on consolidated basis increased nearly 3-fold year-on-year to Rs 77.2 crore on strong response to new launches despite demonetisation.
The Burmans were among the first business families in India to segregate family and business when they handed over the management of the company to professionals in 1998. Dabur Chairman Anand Burman recollects the crucial pre-requisites for making this a success.