Godrej Group headed for split of $4.1 billion business empire: Report
NEW DELHI: The $4.1 billion Godrej Group, spanning from soaps and home appliances to real estate, is headed for a split between the brothers, sources aware of the matter said, citing external advice the family has sought for an amicable division of the 124-year-old conglomerate. At present, the group is led by veteran industrialist Adi […]
Adi Godrej’s FY19 remuneration 114-time higher than median employee pay
NEW DELHI: Godrej Consumer Products Ltd (GCPL) Chairman Emeritus Adi Godrej’s total remuneration in 2018-19 was 114.18 times higher than the median pay of the company’s employees, while that of MD and CEO Vivek Gambhir was 311.26 times more, according to the company’s Annual Report. As per the report, Godrej’s total remuneration in FY19 stood […]