HUL
Food
HUL expects few turbulent quarters going forward
FMCG major HUL expects a couple of turbulent quarters going forward and the firm's objective would be to navigate it in the most agile manner, company's Chairman and Managing Director Sanjiv Mehta said on Tuesday.
According to a PTI report:...
Food
HUL logs 7 pc rise in net profit at Rs 1,881 cr
IANS -
FMCG major Hindustan Unilever (HUL) on Tuesday reported a 7 percent growth in standalone net profit for the first quarter (April-June) of FY21 at Rs 1,881 crore.
During the corresponding period of the previous fiscal, the company had reported a...
Food
In-home consumption surges as consumers binge on biscuits, salty snacks
IANS -
Food categories like biscuits, salty snacks, instant noodles, beverages, edible oils are seeing an increase in demand as in home consumption increases while out of home consumption of FMCG products is expected to take a back seat as the...
Food
HUL to focus on e-commerce, modern trade channels
With consumer preference constantly changing in the wake of coronavirus pandemic, FMCG major HUL is focusing on e-commerce and modern trade channels, which it considers as “channels of the future”, besides accelerating premiumisation of its portfolio.
According to a PTI...
Food
There will be some impact on profitability in short term due to coronavirus: HUL
FMCG major Hindustan Unilever Ltd (HUL) on Tuesday said the coronavirus pandemic has imposed incremental operating costs on the business and there will be some impact on its profitability in the short term.
According to a PTI report: In a...
Food
Lockdown 3.0: HUL expects pandemic to speed up technology adoption in distribution
FMCG major HUL expects technology adoption in distribution channel, including neighbourhood stores besides e-commerce, to speed up as a result of consumers' experience during the coronavirus pandemic.
According to Hindustan Unilever (HUL) CMD Sanjiv Mehta, the company will be ready...
Food
Swiggy expands essential services to over 125 cities
Food ordering and delivery platform Swiggy on Monday said it has expanded delivery of groceries and household essential services to over 125 cities and has also tied up with a number of national brands and retailers.
The company has partnered...
Food
Hindustan Unilever partners with UNICEF to support India's fight against COVID-19
Fast-moving consumer goods (FMCG) major Hindustan Unilever on Wednesday said it has collaborated with the United Nations Children's Fund (UNICEF) for a mass communication campaign to inform and empower the general public against the COVID-19 pandemic. The campaign brings...
Food
Retailers say enough stock if there is no panic buying; put restrictions on purchase quantity
Retailers on Wednesday said there is enough stock of essential items and groceries if people do not resort to panic buying, while some organised players put caps on items that a consumer can purchase during the lockdown.
According to a...
Food
HUL announces completion of GlaxoSmithKline merger
FMCG major Hindustan Unilever on Wednesday announced completion of GlaxoSmithKline Consumer Healthcare Ltd''s merger (GSKCH) with itself.
The company has received all the necessary regulator approvals along with the National Company Law Tribunal for the merger of GSKCH into the...
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Swiggy announces 5th ESOP liquidity programme worth $65 million
So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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