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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The FMCG company has turned to Aasif Malbari for a reset, but a sluggish core, weak traction in new bets and tight promoter control remain hurdles.
If one were to go by Godrej Consumer Products chairperson Nisaba Godrej’s comments, the abrupt exit of CEO and MD Sudhir Sitapati points to weak execution and underwhelming performance over the past five years.
“Sometimes we want to say very fancy things on these calls of what we’re going to do. But it’s basically can we roll up our sleeves and get things done with more candour and pace? And I feel that that layer in GCPL is not as strong as I would like it,” Godrej said a day after Sitapati’s resignation letter was shared with stock exchanges.
The …
India’s packaged goods makers must either raise prices or switch to an alternative—both options with their fair share of pitfalls.
Income inequalities have put the onus of consumption growth on a small group of buyers. But this growth is tapering, leaving companies competing for pieces of a stagnating pie, with serious costs.
The Godrej Group is pinning its hopes on the new Goodknight anti-mosquito incense sticks to revitalize the biggest brand of its flagship firm. The markets are excited, but is the product worth the hype?
