Hindustan Unilever India
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...
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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...
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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...
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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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HUL Q4 net up 12.74% at Rs 2,601 cr; net sales up 10.83% at Rs 14,926 cr
PTI -
HUL delivered strong performance with turnover growth of 11 per cent and underlying volume growth of 4 per centNew Delhi: FMCG major Hindustan Unilever Ltd on Thursday reported an increase of 12.74 per cent in its consolidated net profit...
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Hindustan Unilever imposes Rs 9 lakh fine on Independent Dir for ‘inadvertent trade’ in its shares
PTI -
Hindustan Unilever Ltd imposed a fine of Rs 9 lakh on its Independent Director Ashish Gupta for an 'inadvertent trade' in the shares of the companyNew Delhi:Â Hindustan Unilever Ltd on Thursday said it has imposed a fine of Rs...
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Starbucks ‘fully committed’ to Indian market, says India JV Tata Starbucks
Tata Starbucks is a 50:50 joint venture between Tata Group FMCG arm Tata Consumer Products Ltd (TCPL) and US-based...
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