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Hindustan Unilever

Former HUL CEO Mehta teams up with PE fund L Catterton for India-focused JV

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...

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...

Jubilant FoodWorks appoints HUL’s Suman Hegde as executive VP and CFO

The board of JFL approved the appointment of Suman Hedge on Tuesday and it will be effective from March 1, 2024New Delhi: Jubilant FoodWorks, master franchisee of Domino's Pizza and Dunkin' Donuts, on Tuesday announced the appointment of Suman...

Winning Brand-Retailer Parternships: Unilever and Spencer’s

10 outstanding success stories of collaboration exemplifying how brands and retailers can create a winning playbook by leveraging each other’s capabilities and resourcesBy collaborating, brands and retailers can reach out to new customers and expand their reach in the...

HUL Q4 net up 12.74% at Rs 2,601 cr; net sales up 10.83% at Rs 14,926 cr

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...

Nykaa brings in fresh talent and experience at the top

Nykaa has appointed new leaders across different departments such as technology, finance, business, and marketingNew Delhi: Beauty and fashion companyNykaahas onboarded several new senior leaders across different departments including technology, finance, business, and marketing for its next phase of...

HUL and More Retail create a perfect storm in the natural care tea category

The activation exercise mounted jointly helped HUL to drive premiumization in the tea category overall, recruit 26,000 new customers for its red-label natural care tea and retain 34% of their numbers in the following months as well. Mumbai: The partnership...

Hindustan Unilever imposes Rs 9 lakh fine on Independent Dir for ‘inadvertent trade’ in its shares

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: Hindustan Unilever Ltd on Thursday said it has imposed a fine of Rs...

Everstone Capital sells Modern Foods to Mexico’s largest bakery firm: Report

Home grown private equity fund Everstone Capital has sold its iconic bread brand Modern Foods to Mexico’s largest food and bakery company, Grupo Bimbo, according to a report by the Economic Times.Everstone's bread and bakery platform Everfoods Asia, predominantly consists of Modern Bread brand that Everstone had acquired...

Growth of e-commerce in grocery channels irreversible; will co-exist with general trade: HUL CMD Sanjiv Mehta

Growth of e-commerce in the grocery segment is "irreversible" but kirana stores and modern trade channels would also remain relevant, Hindustan Unilever CMD Sanjiv Mehta said on Wednesday. According to a PTI report: Mehta also said rural sales are growing...
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Chandigarh witnessed impressive growth in home & kitchen sector on Amazon

The city experienced healthy double-digit growth across various product categoriesNew Delhi: Amazon.in has reported significant growth in the home and...
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