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Hindustan Unilever India

HUL reports 3.3% decline in Q4 net profit, falling to Rs 2,475 crore.

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...

Hindustan Unilever gets CCI nod to acquire Minimalist in Rs 2,670 cr deal

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...

AI to have big impact on entire chain of investing, says former HUL MD Sanjiv Mehta

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...

Hindustan Unilever seeks CCI clearance to acquire Minimalist

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...

HUL incorporates new subsidiary Kwality Wall’s for ice cream biz

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...

HUL to separate ice cream business, does independent valuation

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...

Hindustan Unilever shares drop over 3% after Q1 earnings

The stock went lower by 3.33 per cent to Rs 2,674.10 on the BSE and at the NSE, it declined 3.29 per cent to Rs 2,675.10 New Delhi: Shares of Hindustan Unilever Ltd (HUL) on Wednesday declined over 3 per...

HUL Q1 profit up 2.2% to Rs 2,612 crore

The company's revenue from product sales was marginally up 1.68 per cent at Rs 15,497 crore as against Rs 15,240 crore in the year-ago period New Delhi: FMCG major Hindustan Unilever Ltd (HUL) on Tuesday reported 2.2 per cent rise...

HUL to sell water purification business Pureit to AO Smith India

AO Smith Corporation expects to complete the acquisition of Pureit by the end of 2024 New Delhi: Hindustan Unilever Ltd. on Monday announced the sale of its water purification business under the Pureit brand to AO Smith India Water Products...

How global brands are innovating to reduce plastic usage

Learn how international giants such as Unilever, Nestle, Pepsico, Marico and Amazon are attempting to reduce plastic usage Bengaluru: Larger global corporations are attempting to innovate and gear themselves towards reducing plastic usage. Brands like Unilever, Nestle, Pepsico, Marico and...
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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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