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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...

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...

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...

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...

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...

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...

HUL reshuffles top management team

FMCG major HUL on Friday announced the appointment of Prabha Narasimhan as Executive Director of its Home Care segment as part of a top level reshuffle within the organisation. Narasimhan would replace Priya Nair, currently Executive Director - Home Care...

HUL MD Sanjiv Mehta elevated as President of Unilever South Asia

FMCG major Unilever Thursday said it has elevated Hindustan Unilever Chairman and Managing Director Sanjiv Mehta as the President of Unilever South Asia with effect from May 1, 2019.Mehta would also continue as the Chairman and Managing Director of...

GSKCH India gets CCI approval for merger deal with HUL

GlaxoSmithKline Consumer Healthcare (GSKCH India) said Friday its merger deal with Hindustan Unilever Limited (HUL) has been approved by the fair trade regulator CCI. The Competition Commission of India (CCI) has approved the scheme of amalgamation between the two...

HUL expects merger with GSK Consumer Healthcare to complete in next 6-9 months

FMCG major HUL on Thursday said it expects the merger of GlaxoSmithKline Consumer Healthcare (GSKCH India) through an-all equity deal to complete in six-nine months due to pending clearances from various authorities.According to a PTI report: The company has...
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New Balance opens 2nd store in Pune

The latest New Balance store  is located at Phoenix Marketcity Mall, Viman Nagar, PuneBengaluru: US-based sports footwear and apparel...
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