Samir Modi News Today

India Business News: MUMBAI: From ACs to beauty products and even snacking items, consumers are increasingly going online to fill their shopping carts as heatwaves nudge t.

Consumer brand Happi Planet, fintech startup PocketATM and ice cream brand Frubon secured early-stage funding, the companies said on Tuesday. Happi Planet   Happi Planet, a home ......

Samir Modi asserts that the terms of his fathers ₹11,000-crore legacy, governed by a family trust deed, are non-negotiable. He aims to preserve the familys flagship company, Godfrey Phillips, within the family, proposing a buyout option to resolve the dispute. Despite legal battles with his mother over inheritance distribution, Samir Modi remains committed to advancing the family business, envisioning global expansion for Colorbar Cosmetics and other ventures.

The rift among the promoters of Godfrey Phillips over the distribution of a ₹11,000 crore inheritance, following the death of family patriarch KK Modi in 2019, has taken a new turn.

Samir Modi, son of late KK Modi, has taken legal action against his mother, Bina Modi, accusing her of mishandling the familys Rs 11,000 crore inheritance. The dispute involves the distribution of the Godfrey Phillips stake and other Modi group shares. Samir, previously aligned with his mother, now supports his brother Lalit in seeking immediate implementation of the trust deed. The family had initially disagreed on dissolving the trust, leading to legal battles initiated by Lalit Modi.

Great India Retail Summit: In a candid fireside chat, restaurant maestro Zorawar Kalra, MD, Massive Restaurants will share his recipe for deciphering consumer behaviour for building a flourishing food business.

Lalit Modi versus Bina Modi matter to be heard by the Supreme Court on 23 January, likely to be a final hearing in the case, , KK Modi, lalit modi, Bina Modi, family dispute

Lalit Modi versus Bina Modi matter to be heard by the Supreme Court on 23 January, likely to be a final hearing in the case, , KK Modi, lalit modi, Bina Modi, family dispute

Godfrey Phillips executive director Samir Modi has accused his mother of orchestrating an attack on him, worsening the feud among the late KK Modis family members over their inheritance.

A Godfrey Phillips spokesperson rejected the accusation. "These allegations are entirely false and atrocious," the person said. "The alleged episode occurred outside the board room when the audit committee meeting was in progress at about 12 noon. This has been captured on in-house CCTV cameras, which can be provided to the relevant investigating authorities."