Hindustan Unilever India
FMCG
Hindustan Unilever seeks CCI clearance to acquire Minimalist
PTI -
HUL proposes to acquire 90.5 per cent shareholding of Minimalist with eventual acquisition of the remaining 9.5 per cent shareholding of the target in about two years from the completion date New Delhi: FMCG major Hindustan Unilever Ltd has sought...
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...
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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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...
Latest News
HUL to sell water purification business Pureit to AO Smith India
PTI -
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...
FMCG
How global brands are innovating to reduce plastic usage
Learn how international giants such as Unilever, Nestle, Pepsico, Marico and Amazon are attempting to reduce plastic usageBengaluru: Larger global corporations are attempting to innovate and gear themselves towards reducing plastic usage. Brands like Unilever, Nestle, Pepsico, Marico and...
Latest News
Hindustan Unilever shares dip over 1% post fourth quarter earnings
PTI -
The company's stock dipped 1.25% to settle at Rs 2,231 apiece on the BSENew Delhi: Shares of Hindustan Unilever on Thursday dipped more than 1% after the company reported a 1.53% fall in consolidated net profit for the March...
Latest News
HUL Q4 profit dips 1.53% to Rs 2,561 cr, net sales flat at Rs 15,013 cr
PTI -
Net sales of Hindustan Unilever Ltd (HUL) were almost flat to Rs 15,013 crore in the March quarterNew Delhi: FMCG major Hindustan Unilever on Wednesday reported a 1.53% decline in consolidated net profit to Rs 2,561 crore for the...
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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Honasa Consumer Q3 marginally rose to Rs 26.02 cr
The company had posted a consolidated net profit of Rs 25.9 crore in the October-December quarter last fiscalNew Delhi:...
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