Hindustan Unilever
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HUL reports 3.3% decline in Q4 net profit, falling to Rs 2,475 crore.
PTI -
The company had logged a net profit of Rs 2,561 crore in the January-March quarter a year agoNew Delhi: FMCG major Hindustan Unilever Ltd (HUL) on Thursday reported a decline of 3.35 per cent in its consolidated net profit...
FMCG
HUL board approves 14.3% stake acquisition in Lucro Plastecycle
PTI -
The investment aims to strengthen plastic circularity by increasing the availability of recycled content for flexibles, providing a roadmap for businesses to move towards sustainable plastic packaging New Delhi: FMCG major Hindustan Unilever Ltd's board on Thursday said it has...
Beauty & Wellness
Hindustan Unilever gets CCI nod to acquire Minimalist in Rs 2,670 cr deal
PTI -
The company will make a primary infusion of Rs 45 crore with an eventual acquisition of the remaining 9.5 per cent of Minimalist's parent company Uprising's shareholdingNew Delhi: The Competition Commission of India (CCI) on Monday approved FMCG major...
FMCG
AI to have big impact on entire chain of investing, says former HUL MD Sanjiv Mehta
PTI -
He also said that the India-focused joint venture that he formed with global investment firm L Catterton's Asian arm to develop a new investment vehicle is primarily focused on consumersMumbai: AI will have a big impact on the entire...
FMCG
Hindustan Unilever seeks CCI clearance to acquire Minimalist
PTI -
The proposed transaction is being notified to the Commission under Section 6(2) and Section 5(a) of the Competition Act, 2002, HUL saidNew Delhi: FMCG major Hindustan Unilever Ltd has sought clearance from Competition Commission of India to acquire beauty...
FMCG
Hindustan Unilever seeks CCI clearance to acquire Minimalist
PTI -
HUL proposes to acquire 90.5 per cent shareholding of Minimalist with eventual acquisition of the remaining 9.5 per cent shareholding of the target in about two years from the completion date New Delhi: FMCG major Hindustan Unilever Ltd has sought...
Latest News
Minimalist acquisition an example of making portfolio future fit: HUL CEO & MD
PTI -
Hindustan Unilever Ltd. has signed and executed share purchase and subscription agreement for acquisition of 90.5 per cent of shareholding of Minimalist New Delhi: The Rs 2,715-crore acquisition of premium beauty brand Minimalist from a company founded four years ago...
FMCG
HUL incorporates new subsidiary Kwality Wall’s for ice cream biz
PTI -
HUL will own 100 per cent of the issued and subscribed share capital of Kwality WallNew Delhi: FMCG major HUL on Friday said it has incorporated a new subsidiary Kwality Wall's for the proposed demerger of the ice cream...
Latest News
Hindustan Unilever shares tumble nearly 6% post earnings
PTI -
The stock tanked 5.78% to Rs 2,504.15 on the BSE.New Delhi: Shares of FMCG major Hindustan Unilever Ltd (HUL) on Thursday tumbled nearly 6% after the firm reported a 2.33% decline in consolidated net profit for the second quarter...
FMCG
HUL to separate ice cream business, does independent valuation
PTI -
The ice cream business, which contributes 3 per cent to HUL’s turnover, has a different operating model, including cold chain infrastructure, and a distinct channel landscape, which limits synergies with other businesses of the companyNew Delhi: Hindustan Unilever Ltd...
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₹14,000 Cr Fashion Empire Restructured: How Ashish Dikshit & Vishak Kumar Are Steering ABFRL’s Infinite Reinvention
ABFRL is undergoing a strategic vertical demerger, spinning off its western wear brands from the Madura Fashion & Lifestyle...
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