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FMCG firms worry over high inflation, squeezing urban market; hint price hike

Rising prices of commodity inputs such as palm oil, coffee and cocoa were also accentuated and some FMCG firms have hinted at a price hike.New Delhi: Leading FMCG companies reported a decline in margins in the September quarter because...

HUL to separate ice cream business, does independent valuation

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...

HUL Q2 profit down 2.33 pc to Rs 2,595 cr, sales up 2.36% to Rs 15,703 cr

The company had logged a net profit of Rs 2,657 crore in the July-September quarter a year ago, HUL said in a regulatory filing.New Delhi: FMCG major Hindustan Unilever Ltd (HUL) on Wednesday reported a 2.33% decline in consolidated...

Logistics firm Western Carriers collects Rs 148 cr from anchor investors

The Kolkata-based company's Rs 493 crore initial public offering (IPO) will be available for public subscription from September 13 to September 18New Delhi: Logistics company Western Carriers (India) on Thursday said it has mobilised Rs 148 crore from anchor investors...

HUL gets Rs 963 cr Income Tax demand notice

The notice relates to the non-deduction of TDS on payment of Rs 3,045 crore to GlaxoSmithKline Consumer HealthcareNew Delhi: Leading FMCG maker HUL said that it has received a demand notice of Rs 962.75 crore from the Income Tax...

FMCG players expect volume trends to sustain amid rising demand in rural markets

FMCG majors, including HUL, ITC, Dabur, Britannia, Nestle and Emami, in their June quarter earnings have reported 'green shoots'New Delhi: Fast-moving consumer goods (FMCG) companies expect to sustain volume growth in the coming quarters, buoyed by recovery of demand...

HUL appoints Arun Neelakantan as Executive Director, Customer Development

The changes would be effective from July 1, 2024New Delhi: Leading FMCG maker Hindustan Unilever Limited (HUL) on Thursday announced the appointment of Arun Neelakantan as Executive Director, Customer Development.Neelakantan (43) will be taking over from Kedar Lele, who...

FMCG companies expect volume growth in FY25 with improvement in revenue

HUL said it continues to see positive volume growth across most of its businessNew Delhi: Leading FMCG makers expect a volume-led growth in FY25, with a revival in consumption supported by a lower inflationary environment, projections of a normal...

Harpreet Singh Tibb of Tibb’s Frankie—A Retail ‘Roll’ Model

Promoter of Tibb’s Frankie Harpreet Singh Tibb knows how to build, reposition and accelerate businesses through disruptive ideas. He has done it for HUL, Kellogg’s and he’s doing it again at his business…Harpreet Singh Tibb is a man who...

Hindustan Unilever shares dip over 1% post fourth quarter earnings

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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Chandni Chowk Wedding Festival draws 1.56 million visitors at Omaxe Chowk

More than 75 brands across fashion, jewellery, and lifestyle from Chandni Chowk and Omaxe Chowk came together for the...
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