Hindustan Unilever
FMCG
HUL incorporates new subsidiary Kwality Wall’s for ice cream biz
PTI -
HUL will own 100 per cent of the issued and subscribed share capital of Kwality WallNew Delhi: FMCG major HUL on Friday said it has incorporated a new subsidiary Kwality Wall's for the proposed demerger of the ice cream...
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Hindustan Unilever shares tumble nearly 6% post earnings
PTI -
The stock tanked 5.78% to Rs 2,504.15 on the BSE.New Delhi: Shares of FMCG major Hindustan Unilever Ltd (HUL) on Thursday tumbled nearly 6% after the firm reported a 2.33% decline in consolidated net profit for the second quarter...
FMCG
HUL to separate ice cream business, does independent valuation
PTI -
The ice cream business, which contributes 3 per cent to HUL’s turnover, has a different operating model, including cold chain infrastructure, and a distinct channel landscape, which limits synergies with other businesses of the companyNew Delhi: Hindustan Unilever Ltd...
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Swiggy partners with Swopstore to drive sales and retention
SwopStore has helped more than 200 online businesses by leveraging marketing strategies and insights into customer behaviour.
New Delhi: Food delivery platform Swiggy has announced a partnership with Swopstore, a Gurugram-based customer acquisition platform to drive sales and customer retention,...
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Hindustan Unilever shares drop over 3% after Q1 earnings
PTI -
The stock went lower by 3.33 per cent to Rs 2,674.10 on the BSE and at the NSE, it declined 3.29 per cent to Rs 2,675.10New Delhi: Shares of Hindustan Unilever Ltd (HUL) on Wednesday declined over 3 per...
FMCG
HUL Q1 profit up 2.2% to Rs 2,612 crore
PTI -
The company's revenue from product sales was marginally up 1.68 per cent at Rs 15,497 crore as against Rs 15,240 crore in the year-ago periodNew Delhi: FMCG major Hindustan Unilever Ltd (HUL) on Tuesday reported 2.2 per cent rise...
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HUL to sell water purification business Pureit to AO Smith India
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AO Smith Corporation expects to complete the acquisition of Pureit by the end of 2024New Delhi: Hindustan Unilever Ltd. on Monday announced the sale of its water purification business under the Pureit brand to AO Smith India Water Products...
Finance & Funding
Former HUL CEO Mehta teams up with PE fund L Catterton for India-focused JV
PTI -
Mehta will serve as the executive chairman of India for the vehicle from 4 April onwardsMumbai: Former Hindustan Unilever chief executive Sanjiv Mehta has teamed up with the world's largest consumer-focused investment firm L Catterton to launch an India-focused...
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Evaluating various future options for ice cream business in India, says HUL
PTI -
The company intends to transform itself into a simpler, more focused and higher-performing company by separating the ice cream business, a move expected to result in a loss of 7,500 jobs.New Delhi: Hindustan Unilever on Tuesday said it is...
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Jubilant FoodWorks appoints HUL’s Suman Hegde as executive VP and CFO
PTI -
The board of JFL approved the appointment of Suman Hedge on Tuesday and it will be effective from March 1, 2024New Delhi: Jubilant FoodWorks, master franchisee of Domino's Pizza and Dunkin' Donuts, on Tuesday announced the appointment of Suman...
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What’s Next for the Sleep Market: 5 Key Trends to Watch Out For
From personalised mattresses to innovations like AI-driven sleep trackers, the industry is poised to embrace a range of emerging...
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