HUL
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...
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...
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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
Expect demand moderation to continue; small packs selling more, price hikes likely: HUL
PTI -
While premiumisation is continuing, he said, "There is a preference for smaller packs across categories and that has become more evident this quarter.New Delhi: Hindustan Unilever Ltd (HUL) expects the trend of demand moderation, specially in the urban market,...
Beauty & Wellness
HUL to acquire Minimalist for Rs 2670 cr
PTI -
The company will acquire a 90.5% stake in the company through a combination of secondary buyouts and primary infusion with a path to acquire the balance stake in two years.New Delhi: FMCG major Hindustan Unilever Ltd on Wednesday reported...
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...
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Leading FMCG players hike soap prices by 7-8% as palm oil rates go up
Companies such as HUL and Tata Consumer have also increased tea prices recently due to a decline in production caused by erratic weather conditions.New Delhi: FMCG makers such as HUL and Wipro have hiked soap prices by around 7...
FMCG
HUL Board approves demerger of ice cream business into an independent listed entity
PTI -
The existing shareholders of HUL will receive shares in the new entity in proportion to their shareholding in HULNew Delhi: FMCG major Hindustan Unilever Ltd. (HUL) on Monday said its board has approved the demerger of the ice cream...
Latest News
FMCG firms worry over high inflation, squeezing urban market; hint price hike
PTI -
Rising prices of commodity inputs such as palm oil, coffee and cocoa were also accentuated and some FMCG firms have hinted at a price hike.New Delhi: Leading FMCG companies reported a decline in margins in the September quarter because...
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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How Nasher Miles is bringing colour to Indian travel gear market
The company is now targeting to expand it reach through general trade and quick commerce expansion
Founded in 2017 by...
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