October 14, 2026
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Indian tax authorities have accused appliance makers Haier, Godrej & Boyce and Blue Star of failing to detect fabricated documents from a recycler that allegedly carried out no actual e-waste processing. A government notice reviewed by Reuters said the companies relied on documents and compliance certificates to meet recycling requirements. The authorities also alleged Continue Reading
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Shares of Godrej Consumer Products plunged 11.2% on Wednesday, marking their steepest single-day decline in more than six years. The sell-off followed the abrupt departure of CEO Sudhir Sitapati, raising concerns among investors about the company’s strategic execution and growth plans. Godrej Consumer appointed CFO Aasif Malbari as CEO and managing director after Sitapati Continue Reading
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Godrej Consumer Products Ltd (GCPL) reported a 6.5% drop in its consolidated net profit to ₹4.59 billion ($52.22 million) for the quarter ended September 30, as temporary sales disruptions following the government’s sweeping tax cuts weighed on performance. Revenue for the quarter rose 4% to ₹38.02 billion, while overall expenses increased by 6.4%. The company […]Continue Reading

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