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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 ago New 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 shareholding New 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 consumers Mumbai: 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 said New 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 Wall New 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 company New Delhi: Hindustan Unilever Ltd...
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Home Decor & FurnishingIndiaretailing Bureau -

Home furnishings brand OBEETEE launches new outlet in Ahmedabad

Located at Bodakdev, the new outlet is the only OBEETEE store to house its complete furniture range Bengaluru: Handcrafted carpets...
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