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Godrej-Vora Soap deal: Eyes on subsidiaries

2017-12-13 thehindubusinessline
The board of Godrej Industries will meet on Thursday to approve the scheme of amalgamation of Vora Soaps with itself. VSL holds 57.66 per cent of the equity share capital of Gujarat Industries, which will get cancelled pursuant to the amalgamation. The merger will result in reduction of a layer of company in the holding structure and enhance flexibility for its listed subsidiaries - Godrej Properties and Godrej Agrovet - to incorporate or acquire new subsidiaries.

Godrej Industries board to meet on 14 December over Vora Soaps merger

2017-12-12 livemint
New Delhi: Godrej Industries on Tuesday said its board will meet later this week to consider merger of promoter group firm Vora Soaps with the company.

Action against Unitech a wake-up call for realtors

2017-12-08 business-standard
The government’s seeking to take over embattled real estate developer Unitech would send a strong message to the industry, developers said.   “It is a wake-up call for all corporates to not do business at the cost of customers, shareholders and vendors,” said J C Sharma, vice-chairman and managing director of Bengaluru-based realty developer Sobha.   “It will send a message to the industry that if you mismanage your company you will lose it,” said an executive with a Delhi-based real estate company. (8-0)

Entering Noida mkt a big step; next 2 decades good for real estate: Godrej Prop

2017-12-07 moneycontrol
Godrej Properties had a strong Q2 both in terms of income statement, operations and pre-sales. In an interview with CNBC-TV18, Pirojsha Godrej, Executive Chairman of the company shared his views and outlook on how Q3 is shaping up.

Minimum holding norm for mid-cap MFs can bring ₹19,000 cr into market: CLSA

2017-12-01 thehindubusinessline
Watch out for mid-cap companies such as Godrej Properties, Crompton Consumer, Astral, Jubilant and Arvind, says CLSA Asia Pacific Markets in a report in the light of SEBI’s recent move on classification and minimum investment requirements.

Market Update: Nifty Realty outshines as 101 stocks hit new 52-week high; Axis falls 1%, HDFC most active

2017-11-29 moneycontrol
The Indian benchmark indices on Wednesday afternoon were trading on a positive note with the Nifty up 9 point or 0.09 percent while the Sensex added 38 points at 33654. (18-0)

Market Update: Sobha zooms over 9% as Nifty Realty outperforms; Coal India, ONGC top gainers

2017-11-29 moneycontrol
The Indian benchmark indices on Wednesday morning were trading flat with the Nifty up 1 point or 0.01 percent while the Sensex added 2 points at 33625. (18-0)

Godrej Consumer Products benefited the most from GST, says Adi Godrej

2017-11-27 thehindubusinessline
Adi Godrej, Chairman of the Godrej Group, has always been a proponent of GST. On the eve of Godrej Industries second quarter results, Godrej attributes the profitability of the holding company to the success of GST. Group companies like Godrej Consumer Products, Godrej Properties and Godrej Agrovet, which are under Godrej Industries have recovered from demonetisation and benefited from GST. In a chat with BusinessLine, Godrej admits that GST can be brought down even further and also hopes that the rankings in the ease of doing business increasingly improves. (1-0)

Godrej Properties to partner leading artists for its projects

2017-11-27 moneycontrol
Realty firm Godrej Properties on Monday said it will partner leading contemporary Indian and global artists to bring public art to its projects.

Godrej Properties Limited - Press Release

2017-11-27 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information. (15-0)

Godrej Properties Limited - Analysts/Institutional Investor Meet/Con. Call Updates

2017-11-21 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information. (15-0)

Aggressive sales, acquisitions help Godrej Properties break the NCR jinx

2017-11-20 livemint
Bengaluru: Godrej Properties Ltd (GPL) has managed to break a prolonged bad spell in the National Capital Region (NCR) market, the country’s largest and worst affected by the slowdown in property sales.

Godrej Properties Limited - Amalgamation/Merger

2017-11-20 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information. (15-0)

Realty stocks rally up to 10% after increase in carpet area of houses

2017-11-17 moneycontrol
Realty stocks rallied up to 10 percent intraday Friday after the government on Thursday approved the enhancement of the carpet area of houses for the middle income group (MIG) category under the Pradhan Mantri Awas Yojana-Urban (PMAY-U). The upside was also partly led by positive market conditions after Moody's upgraded India's sovereign rating to Baa2 and changed the outlook to stable from positive. (3-0)

Realty stocks jump as Cabinet okays increase in carpet area of affordable houses

2017-11-17 thehindubusinessline
Real estate stocks jumped as home buyers will get subsidy boost. Nifty realty index surged 2.6 per cent. (1-0)