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HUL Board approves demerger of ice cream business into an independent listed entity

The existing shareholders of HUL will receive shares in the new entity in proportion to their shareholding in HULNew Delhi: FMCG major Hindustan Unilever Ltd. (HUL) on Monday said its board has approved the demerger of the ice cream...

Evaluating various future options for ice cream business in India, says HUL

The company intends to transform itself into a simpler, more focused and higher-performing company by separating the ice cream business, a move expected to result in a loss of 7,500 jobs.New Delhi: Hindustan Unilever on Tuesday said it is...

The cold war: India's evolving ice cream market

The ice-cream market is evolving with new and unusual flavours, textures and fusions, while a growing consumer base, product acceptability, and stiff competition is pushing operators to strive for competitive advantages through innovations in product offerings and delivery of service The...
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Cooler major Novamax Appliances eyes Rs 250 cr for FY 2025, eyes more categories

Looking ahead, Novamax aims to expand its product offerings into broader cooling solutions like air conditioners and refrigerators.New Delhi:...
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