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GODREJ FAMILY SETTLEMENT
The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...
Godrej Industries seeks extension for Nadir Godrej before handoverGodrej Industries is proposing an extension for its chairman and managing director, Nadir Godrej. This move precedes a leadership transitio...
What is Family Settlement Agreement, how does it prevent conflicts among family members in distribution of assets?Family Settlement Agreement: Apart from Wills, Trusts and Gift Deeds, there is another way to transfer property and assets. Family Settleme...
There are no loss-making companies in Godrej Industries Group; family relationships remain very strong: Pirojsha GodrejIn late April, the Godrej family celebrated their settlement agreement with 1897 Armagnac brandy, symbolizing the year their group was foun...
New energy unlocked, Godrej Industries Group is ready for faster & bigger play, says Pirojsha GodrejPirojsha Godrej revealed strategic plans for Godrej Industries Group (GIG) post the recent division of family assets. The amicable split ha...
Realignment of share in Godrej entities following split completed: StatementMembers of the promoter family of Godrej Industries Group, including Nadir Godrej and the children of his brother Adi Godrej, have taken co...
RKN Enterprises sells 12.65 pc stake in Godrej Industries for Rs 3,803 cr under settlement planRKN Enterprises, a part of Godrej Enterprises Group, on Monday sold shares worth Rs 3,803 crore in Godrej Industries Ltd to members of Godr...
Adi-Nadir group buys out 12.5% in Godrej Industries from Rishad NaorojiThe Godrej family announced a settlement—according to which the Adi-Nadir and Jamshyd-Smita families would buy out each other’s stakes for ...
CCI approves Godrej family settlement proposalsThe Competition Commission of India (CCI) has approved the restructuring of the Godrej group, involving a realignment of interests, legal o...
Tax free settlement of family assets: How Godrej like family arrangement can help in redistribution of wealth among members without capital gain taxThe Supreme Court of India permits re-distribution of wealth using family arrangement among the members of the family. Further using this m...
Non-compete agreement: Godrej vs Godrej a no-no even in realty businessGodrej Properties, which is part of GIG, will have the right to use the brand for real estate development. GEG entity Godrej & Boyce will u...
Godrej Properties to market realty projects developed by Godrej & Boyce for management feesJamshyd Godrej and his sister control Godrej & Boyce with 3,000 acres Mumbai property. Adi Godrej and Nadir Godrej market real estate proje...
How team player Nyrika Holkar made her way to the top in Godrej Enterprises GroupNyrika Holkar leads Godrej & Boyce, set for a key role in succession planning. Her expertise in law and sustainable development drives inno...
Godrej family settlement: For next 6 years, the two sides can compete in only one businessIn family settlement cases, non-complete agreements are a standard practice, in India as elsewhere. For the Godrejs, the non-compete period...
Godrej Industries, Godrej Properties share decline up to 7% after conglomerate's splitThe family of 127-year-old Godrej Group, which has both, listed and unlisted entities, decided to split the conglomerate and operate as two...
What the split in Godrej conglomerate will mean for stakeholders & brand? Legal eagles explainSupreme Court lawyaer HP Ranina says: The split is in the interest of the Godrej family as well as the stakeholders and if it is carried on...
- India Inc prefers to keep wealth & biz within family
The difference between a company CFO and a focused professional team managing family wealth is the finance honcho has plenty of mandates; g...
- India Inc to spend New Year at home
India Inc chieftains will ring in the New Year in the country this time, with beach holidays and jungle safaris on their year-end plans.
- CLB asked to resolve Gharda Chem issue
The Bombay High Court on Friday asked the Company Law Board (CLB) to resolve the dispute on the sale of promoters’ shares in Gharda Chemica...
- Carrefour in talks with Anil
Anil Ambani could soon take on elder brother Mukesh but this time it will be in the retail market.