Hindustan Unilever
Food
HUL Q2 net up 8.6 pc at Rs 1,974 crore
FMCG major Hindustan Unilever on Tuesday reported an 8.58 percent increase in consolidated net profit to Rs 1,974 crore for the quarter ended on September 30, 2020. The company had posted a net profit of Rs 1,818 crore in...
Retail
Retailers Association of India appoints Bijou Kurien as Chairman
Retailers Association of India (RAI) on Tuesday said retail industry veteran Bijou Kurien has been appointed as its Chairman.
The Board of Directors of RAI at its meeting held on September 30, 2020, also appointed Kulin Lalbhai, Executive Director, Arvind...
Retail
Factors fueling retail growth in India
Many factors are responsible for the growth of retailing in India. Currently, the consumer profiles are upgrading by themselves as they are increasingly exposed to newer means and varieties of consumption. Increase in consumption is one of the key...
Food
HUL is on an aggressive digital transformation: Sanjiv Mehta
Consumer goods major Hindustan Unilever (HUL) has created a full-fledged end-to-end digital transformation programme that will redefine the ways of working going forward.According to a PTI report: Currently, over 80 experiments are underway to accelerate the company's journey on...
Research
Companies betting on rural demand to grow: Report
IANS -
A brokerage report on consumers and their consumption patterns on Tuesday said that consumption in central Indian rural states and Odisha is growing fast and that it favours companies with reach in both urban as well as rural India.The...
Food
HUL divests stake in Kimberly-Clark Lever
IANS -
Hindustan Unilever on Friday said its board has approved its decision to divest its stake in Kimberly-Clark Lever (KCL) and focus on its core businesses.
According to the company, it has signed an agreement for divestment of its 50 per...
Food
Pooja Hegde becomes face of new skincare brand Citra
IANS -
Actress Pooja Hegde has been roped in as the brand ambassador of Hindustan Unilever's new skincare brand Citra.
Over the last three decades, Citra has carefully created products using ingredients like the Korean Pink Pearl and the Japanese Green Tea.
"It...
Food
Sales in rural areas expected to pickup to pre-GST level soon: HUL
FMCG major Hindustan Unilever Limited (HUL) said some pockets in wholesale trade and rural areas are yet to return to normal level after taking a hit from demonetization and pre-GST destocking, and the sales in these areas are expected...
Food
Pre-GST sales impact subdue FMCG cos performance in Q1: Experts
Top FMCG players, including Hindustan Unilever, Dabur, Marico and Emami would have performed much better in first quarter had sales not been impacted by de-stocking ahead of GST implementation, according to industry experts.
According to a PTI report: While HUL...
Food
Hindustan Unilever CFO P B Balaji resigns, quits board
FMCG major Hindustan Unilever said its Chief Financial Officer P B Balaji has resigned and also quit the board.
Balaji (46), who was Executive Director (Finance and IT), was associated with HUL for the last 24 years and worked in...
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How fashion brands are leveraging AI
From product design to marketing and virtual try-ons, here’s how the fashion majors are adopting AI in their businessTop...
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