Godrej

  • Budget 2014: Economic growth targeted, says Adi Godrej July 11, 2014

    Reacting to the Narendra Modi government's first budget, Godrej group chairman Adi Godrej said, "I think the middle class has been catered to very strongly in this budget. Not that the other consumers in India have been totally left out but it is certainly the budget which has been particularly...
  • Lok Sabha polls: Top business leaders support Murli Deora in South Mumbai April 20, 2014

    Some of the top business leaders and trade associations on Sunday came out in support of the Union Minister of State for Telecom and sitting MP from Mumbai South, Milind Deora, who is seeking a third term from the constituency. Chairman of the Godrej group Adi Godrej, HDFC chairman Deepak Parekh and Vice-Chairman and Managing Director...
  • Yale World Fellows: Nandita Das and Parmesh Shahani honoured with the Ivy league degree April 8, 2014

    Washington: Award-winning Indian actress and director Nandita Das and head of Godrej India Culture Lab Parmesh Shahani have been named 2014 Yale World Fellows, taking the number of Indian fellows to 15. With the addition of Das and Shahani, India has more fellows in the global Yale World Fellows network than...
  • Duty relief helpful if it works for a long time: FICCI February 17, 2014

    FICCI president Sidharth Birla said that the government has given some duty relief but we have to see the duration of it. But if it works for a long time, it will be very helpful. The auto-mobile industry was in a bad state and he has tried to help it...
  • The philanthropists who built Mumbai December 23, 2013

    When the Bandra-Worli Sealink was finally opened to traffic on June 30, 2009, the media went into overdrive suggesting that the bridge over the creek separating north and south Mumbai was a symbol of new possibilities. Inaugurated after tens of thousands of residents witnessed a spectacular laser show and fireworks...
  • Coalgate: PM asks Anand Sharma, Chidambaram to reach out to India Inc October 18, 2013

    New Delhi: In the wake of criticism being leveled against the government by the corporates for having an unfavourable atmosphere for business in India, Prime Minister Manmohan Singh has asked Commerce Minister Anand Sharma and Finance Minister P Chidambaram to reach out to India Inc. The government has been in damage...
  • Coalgate: Kumar Mangalam Birla to meet Finance Minister on Friday evening October 18, 2013

    New Delhi: Aditya Birla Chairman Kumar Mangalam Birla is likely to meet Finance Minister P Chidambaram over a CBI inquiry in the coal block allocation case. The proposed meeting comes after CBI named Birla in its 14th FIR pertaining to the coal blocks allocation scam. The government has been in damage...
  • Coalgate: FIR against Birla triggers panic amongst India Inc October 17, 2013

    New Delhi: The CBI's FIR against Aditya Birla Group Chairman Kumar Mangalam Birla and the former coal secretary PC Parakh has triggered panic amongst industrialists and the government as far as investments are concerned. The CBI has named both Birla and Parakh as accused in the coalgate's 14th FIR, which...
  • The Last Word: Is the CBI's treatment of KM Birla a sign that we are returning to the repressive 1980s? October 17, 2013

    In an another high profile chargesheet in the coal scam, the Central Bureau of Investigation has named Aditya Birla Group Chairman Kumar Mangalam Birla as an accused in its 14th FIR in the case. ...
  • Coalgate: India Inc, ministers upset as CBI names corporates in FIR October 17, 2013

    New Delhi: Several of the country's top businessmen are upset after Aditya Birla Group Chairman Kumar Mangalam Birla, HINDALCO and NALCO were named by the CBI in the coal scam FIR. They say it is becoming impossible to do business in India. "Hindalco owns only 15 per cent of that company....
  • Difficult to say whether Modi will be a good PM or not, says Adi Godrej September 1, 2013

    New Delhi: At a time when Gujarat Chief Minister Narendra Modi is being seen as a potential Bharatiya Janata Party's prime ministerial candidate, Godrej Group Chairman Adi Godrej said he does not know whether Modi will be able to do a good job as a Prime Minister as he has...
  • Rupee fall is the biggest problem for India's economy, says Adi Godrej September 1, 2013

    Godrej group chairman Adi Godrej expressed hope for growth in the Indian economy in the second half of the financial year. However he raised concerns over the depreciation in the value of rupee and said that corrective steps need to be taken soon and it should not be allowed to...
  • No commitment in the PM's statement in Parliament, says Godrej August 31, 2013

    New Delhi: The statement by Prime Minister Manmohan Singh in both Houses of Parliament on Friday on the state of economy in the country failed to assure the corporates and address the apprehensions of the industry. In a conversation with Karan Thapar on Devil's Advocate, Godrej group chairman Adi Godrej...
  • Home appliances to cost more as rupee tumbles August 28, 2013

    As the rupee continues its free-fall against the dollar, cars, TVs, washing machines and other home appliances are set to cost more with companies set to hike prices to offset impact on their margins. While General Motors India has announced that it will hike the price of three of its models...
  • President Pranab Mukherjee confers Padma awards April 20, 2013

    New Delhi: President Pranab Mukherjee on Saturday conferred the Padma awards on several eminent personalities including industrialist Adi Godrej, Olympic medal winners Yogeshwar Dutt and Vijay Kumar, actor Nana Patekar and designer Ritu Kumar. Professor Roddam Narasimha, a internationally renowned expert on fluid dynamics and famous painter Sayed Haider Raza...
  • S Gopalakrishnan elected as new President of CII April 5, 2013

    New Delhi: S Gopalakrishnan, co-founder and Executive Co-Chairman of Infosys, has been elected as the President of the industry body Confederation of Indian Industry (CII) for the year 2013-14. He succeeds Adi Godrej, Chairman of the Godrej Group, CII said in a statement. A Padma Bhushan recipient, Gopalakrishnan was recently...
  • Forbes rich list: The top 10 richest in India October 25, 2012

    New Delhi: Reliance Industries Chairman Mukesh Ambani is the country's richest man with a personal fortune of $ 21 billion, according to Forbes Magazine. Mukesh Ambani beats steel giant Lakshmi Mittal and Wipro head Azim Premji to top the Forbes's list. Lakshmi Mittal has attained the second spot with $16...
  • Mukesh Ambani tops Hurun India rich list October 11, 2012

    New Delhi: Reliance Industries chairman Mukesh Ambani, with a personal fortune of $19.3 billion, is the richest Indian, China-based research firm Hurun said in a report Wednesday. Ambani is followed by Arcelor-Mittal chief LN Mittal, whose wealth is pegged at $16.9 billion. In terms of personal fortune, Ambani and Mittal...
  • Reform measures by UPA will boost the economy: Adi Godrej October 5, 2012

    India Inc has applauded the reform measures introduced by the UPA that include 51 per cent foreign direct investment in retail amongst others. While a few of UPA's allies like the DMK have refused to support it, the corporate sector has welcomed the reforms. Adi Godrej, President, CII and Chairman, Godrej Group,...
  • PM's speech on reforms based on hard economics: CII September 22, 2012

    President of the Confederation of Indian Industries Adi Godrej on Friday said that the PM's speech on economic reforms was a balanced one and based on hard economics. ...
  • Don't expect rollback; hope it doesn't happen: Adi Godrej September 20, 2012

    Adi Godrej is hopeful that even after all the pressure on the UPA government, there won't be any rollback in the reforms announced. ...
  • Diesel price hike will push growth upwards: Adi Godrej September 15, 2012

    CII President Adi Godrej says diesel price hike was needed to bring down fiscal deficit. ...
  • Hershey to buy out joint venture partner Godrej September 8, 2012

    Hershey Co plans to buy the remaining 49 per cent in its Indian joint venture that it does not already own, giving it full control of a chocolate business in one of the world's biggest markets. Hershey said it will buy out its partner, Godrej Industries Ltd, and another minority shareholder. Hershey...
  • Coalgate: Let law take its own course, says CII September 1, 2012

    New Delhi: Reacting to the coal blocks allocations controversy, President of Confederation of Indian Industries Adi Godrej on Saturday said that the law should be allowed to follow its own course and "no precipitate action" should be taken. "The law should take its own course and no precipitate action should be...
  • Coalgate: India Inc lashes out at government, Opposition August 28, 2012

    Deepak Parekh, Rahul Bajaj and Adi Godrej expressed deep disappointment at the deadlock in Parliament over the alleged coal scam. ...
  • How the Land Acquisition Bill will impact farmers June 19, 2012

    Passing through Bulandshahar, a rapidly urbanising district in Uttar Pradesh known for its rustic politics and dairying, this reporter chanced upon a group of farmers sitting in protest outside a newly constructed apartment. The farmers occupied a tent that was erected outside the apartment complex. Their complaint was that they were...
  • India Inc slams Land Acquisition Bill report May 18, 2012

    New Delhi: The Standing Committee's report on land acquisition has been slammed by India Incorporate. This came after the committee insisted that land acquisition by the government can only be done for infrastructure and social projects and not for private profit. Confederation of Indian Industry (CII) President Adi Godrej said,...
  • Dear FM, here is India Inc's Budget 2012 wish list February 13, 2012

    A date is finally set. The Union Budget will be presented on March 16 post the State elections. This could be the UPA government's make-or-break Budget. The economy is going through a slowdown. The bureaucracy is in a state of paralysis and corporate India is suffering from a bout of...
  • Nature's Basket: Double take February 11, 2012

    In October 2009, nine months after converting the floundering Nature's Basket into a gourmet food store, its team was pleasantly surprised. Its seven stores in Mumbai had seen sales grow at 70 per cent — a surprisingly quick validation of their change in strategy. Getting there, however, has been a...