Godrej Family Divides 127-year-old Indian Conglomerate | Vantage with Palki Sharma
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- เผยแพร่เมื่อ 8 มิ.ย. 2024
- Godrej Family Divides 127-year-old Indian Conglomerate | Vantage with Palki Sharma
India's Godrej family has reached a deal to divide operations and assets of the multi-billion-dollar Godrej conglomerate. Founded in 1897 and rooted in the pre-Independence Swadeshi movement, Godrej has emerged as a household name in India. Its businesses range from soaps to real estate to defence and aerospace equipment. The family said the decision to split was taken to "maintain harmony" and "better align with the differing visions of the members". Such business divisions tend to get a lot of coverage in India, where major businesses are run by families. Palki Sharma lists out some of the most talked-about splits in India's corporate history.
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Godrej | Aerospace | Defence | Real Estate | India | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#godrej #aerospace #defence #realestate #india #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
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I have ordered Godrej fridge, if it breaks down in waranty which family member should I contact😜
Forget that, first you've to assemble the fridge because it's gonna come in 2 separate delivery
God rage is gonna fall upon you...
Call Jamshyd Godrej.
Who buys godrej fridge in 2024😂
Haven't you figured out all by yourself? I can guess.
They are dividing assets fair and amicable manner 👏
Fair ? Not be Naive … It’s usually The Industry Professionals ( Lawyers, CPAs , CFAs etc ) who been working “Very Hard “ behind the scenes that are usually the Biggest Winners in Family Splits of this Magnitude…
Godrej is a Minority Zoroastrian Family..... India is Proud of Them....
😂😂😂
Not godrej brother. Not godrej. Doesn't matter what religion they are , not gonna support them
If congress comes to power, 55% would have gone to succession tax😂
😂😅
pappu tax
And those taxes will go for only to appease muslims 😂
Companies pay less tax than salaried individuals
Just Google Samsung inheritance tax scam. Most developed countries have inheritance tax.
A peaceful divide is better than a bitter fight
all government officers are forced to buy godrej,,... but quality is not same as before,...
Don't worry we will simply stop buying Godrej Products
How? can you explain it?
New Beginning 🙌
Amicable settlement is a welcoming decision 😊
Devil is in the Details … Not be Fooled by PR Sugar Coating Campaign … 😊
Tomorrow is my first day as project planner for godrej properties as fresher
Godrej seems to be one of the cleanest business houses in our country. Don't remember seeing a negative news report about them unlike Ambani, Hinduja, Wadia, Bajaj and even Tata
This was inevitable. Hope all parties are satisfied and they and their children do not create problems in the future. One thing is that when the group is expanding, they should maintain quality. Hope they also expand their manufacturing activities in line with Make in India. Let us Hope the peace and cordially lasts. One more thing. There is so much land shortage in Mumbai and living conditions for the middle and lower classes are not good. In this scenario, the Godrej family owns about 3400 acres of land.
Mr. Kotak appears to have hired some extractors for the inception of an idea
Better than the Succession show plot
1.2 billion consumers ,wow
More than that
👌
Matured and rational thoughts only come with high ideals and respect for family, no doubt of undisputed GODREJ so far & further, God bless
They were extraordinary parsi family bad times what can be done I am really sorry for them
Spilt - differences in ways of working its a norm - learning is how best to train family owned business shareholders to add va;ye as shareholders and allow the team operate and grow the business based on guiding principles and milestones collectively agreed upon . Family members when involved as management or on the board of shareholding need justify their position and earn their keep . In my learning based it’s simpler cheaper stress free to structure trust funds for next generation to stay away from wealth creation and income generation activities give them enough to live and make them hungry to work . Being born in a family of large business is a responsibility to shoulder the handing over to next generation in all aspects and not a privilege. I also enjoy the research you do during your narrative and walk away with the summarisation you share . You re doing good work in my understanding non biased as close to facts s possible .
Money over family and values. Common theme across the world.
No only in india
@@scholarlyreader383 You must be Chinese where government kidnaps company leaders and takes all money. No family disputes :D
@@scholarlyreader383nope. Other places there aren't any families
@@scholarlyreader383 India has one of the best "family ties" and using those relationships and complementing business skillsets.
Italy is another that has strong family ties over generations
0:52 a single family owns 3,400 acres of land in just one city. Agreed, it’s their money. But we need to agree, that it’s a concern. Also, let’s not brush of and idolize anyone. We know how the rich getaway with taxes, not paying back loans etc.
Godrej gave job tonthiusans of people ND boiled maroon economy nor to mention they have been pro national family
Nobody is stopping you from starting your own company and becoming rich. Stop crying and giving excuses. They are rich because their ancestors worked hard. You can also leave your next generation with enough wealth if you stop complaining and start doing.
Their ancestors bought that land when there was no city. Judging by the way this city has come up with namesake urban planning, its better they hold it in the group and develop as accordingly, not build concrete jungle with no water drainage and unmaintained roads.
They bought it a century ago. And there are probably 50+ descendants who can claim that land
Jai Bharat... Jai Sanatan Dharm... Only NaMo
With unemployment increasing 😂😂😂😂😂
@@ZJS12 Jai Bharat... Jai Sanatan Dharm... Only NaMo
@@ZJS12that’s global issue.
@@anilsatra897 rss ideology discrimination against others religion!
Please follow sanathana dharma instead of posting here
Reminded of Rajan Pillai ...
Anybody noticed rudraksh in her right hand.
Small zorastrians community but big contribution,,unlike "second mejority"
💯
It is" SAFE" to assume the Godrej family is "LOCKED" in
They look more foreign than Indian 😅 rich persi I guess😂 nepotism will be always there not only in films😅
Peaceful settlement please.. Dont impact stocks now for personal things😄
Palki will say, Modiji used to consult for godrej and hence the sucess
Who owns the lock and who owns the key
wherever there's a family rift,There will be womyn behind it...
Nowadays do they manufacture in India,or it's repacking,assembling abroad and only sticker stuck.
Failed to specify the controversy. Difference in vision is not necessarily a controversy. In fact, when there are competing visions, it may be the best to split so that the visions may compete. The winner is likely to be the market. Anxiety among customers? - probably the media creation.
Destruction strarted..
How they obtained such a huge land????when they possessed it...
The land mass in Vikhroli is all that matters.
That women is taking that half of the wealth out of India.
Which women ?
@@svanimation8969 the sister
@@insearchof9090 how ? She lives in India ? And married a Marathi guy ? Then how ?
Uncompetitive on the global scene, those Indian family businesses mentioned just keep selling to poor captive Indians. And often with sweetheart deals and licenses from the government.
Its intersting to see that most of companies are owned by people with armenian, iraqi jewish( j2 haplogroup) ,parsi ancestry in india...induvalley,s are mostly beggers😢
Adani ambani 😂😂😂
@firstpost I am Wondering? don't Godrej's family members have any chachi's or bhua's 😂😂who have asked for more shares or at least their share in the business?? because they didn't mention that in the news.
Kdrama vibes in this case.
Ekta Kapoor is using this plot since 20s😂
So are they Zoroastrian too?
Yup they are Gujarati Parsis which means their ancestors came from Iran too.
@@jayd6098 and still international media keeps spreading Modi and Hindus as monsters
@@jayd6098 do they also support Iran against USA?
@@dukhi_aatma372 The parsi families usually don't make political statements
Parsis are zoroastrians .
They have got the name ' Persi ' after coming in India when their country was invaded by islamic jihadists
Like wise, when Ratan Tata bids Tata. Tata group will be shattered into many pieces. Mark my words
Tata is managed by the Board rather than the family. While the board includes family members, they do not possess sufficient voting power to alter the chairmanship or influence significant decisions.
@@surapaneniarunsai5051 Forget the Family members, the Management will be infiltrated by FII and insiders will be axed. Then everything is possible
@@surapaneniarunsai5051Not now. Ratan Tata did not create the Tata group from the scratch. He inherited the Tata group from his ancestors.
Tata isn't owned by ratan Tata he is doing a job there.... its owned by parsi charity trusts
Ambanus suffer after split anil us bankrupt
my father made ncpa mumbai he was Jamshed Bhabha right hand man... k n Suntook is evil man..
Nobody should be allowed to own so much property. We need higher income taxes for very high incomes, they have no problem paying 80% income tax.
Despite neing minority parsees like Godrej didnt beg for reservations and cry discrimination like these low hindu castes, that's ehy they are richest
Pallavi gossips. Join B. J. P. Popper.
Dear Ms Palki. It is sad to see how you supplicate to your bosses. You have mentioned in the passing and gently so..that the Ambani brothers had to figure out how to resolve their inheritance spat while actually that battle was the most shameful of all corporate inheritance battles. Do you have the courage and the moral rectitude to talk about the Ambani spat in great detail just the way you do with others.? Are you also the trumpet blower of the Ambani family who write your pay cheque every month besides the other trumpets you blow? What a shame!!!!!
Their origins is from Iran so they are Iranian and not Indians !
Mostly of them married with locals anyways ! For example nyrika holkar married a local Marathi😂 ! She is 4 th gen ! They just carry surname but not as u think ! And they owe to Persia not Islamic Iran !
Mostly north Indians have Iranian roots ! Does it make them Iranian ? 😂
@@davidbond8044they acknowledge themselves as indian but what about the USA and UK where mostly billionaires are of jewish origin or came from other countries like india, China, Russia etc other than ur fucking locals. Today all the jewish community living in USA acknowledge themselves as of American national.
@@davidbond8044 It's their intentions, Mughals didn't like Indians and they called themselves mongoloid through speech, painting, poems etc
Learn some history kid
This is channel funded by right wing BJP❤
Propaganda Queen of India💐💐
She is a fine journalist. Finally India is finding its own voice.
@@girijadasmahapatra4425 nope.she is not a journalist but a propaganda mouthpiece of dictator modi.
@@girijadasmahapatra4425 nope. She is a big big liar. She spread lies a lot. Oh! You call liars as journalists in India? 😃
Fabio la tutor attiva con assistente dottore assasina dopo otto anche mia cugina va a bere il caffè dal amica a tempio
Godrej construction is poor in real estate no credibility Bogus ok in thane my flat crash out sider ok leakage problem ok