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HUL aspires to be market leader in ice creams, frozen desserts category

FMCG major HUL is aspiring to be a market leader in the fast-growing ice creams and frozen desserts category in the next few years and it would continue to invest in infrastructure and physical expansion, a top company official...

Retail costs involved in brand building

By definition, brand strategy is a long-term plan for the development of a successful brand in order to achieve specific goals. Building a brand and executing a successful retail strategy for it is the top most concern of all...

The changing landscape of food retailing in India

A joint report by National Restaurants Association of India and Technopak Advisors state that the foodservice market in India is projected to touch Rs 4.98 trillion by 2021. These are no small numbers as in 2016, the market was...

Mondelez India, HUL introduces ‘Cornetto Oreo’

Chocolate maker Mondelez India and FMCG major HUL have together introduced 'Cornetto Oreo' in the frozen dessert cone category in the Indian market.According to a PTI report: Cornetto is an ice-cream brand owned by HUL's step down firm Kwality...

HUL’s Q3 PAT up almost 28 pc

FMCG major Hindustan Unilever (HUL) on Wednesday reported a surge of almost 28 per cent in profit after tax (PAT) for the third quarter (Q3) ended on December 31, 2017.The company's PAT for Q3 stood at Rs 1,326 crore...

British F&B brands to explore alliance avenues at India Food Forum 2018

UK's top F&B brands would be participating in the 11th edition of India Food Forum 2018 to explore alliance avenues with prospective Indian partners offering opportunities to sign powerful deals across India.These UK brands would take part in B2B...

FMCG cos gear up to pass on tax reduction benefit to consumers

With the revised GST rates coming into force from Wednesday, FMCG majors such as Hindustan Unilever (HUL) and ITC said they are in the process of reducing prices of commonly used items to pass on the benefits to consumers. According...

FMCG companies to pass on GST benefits to consumer

Consumer product makers, including HUL and Patanjali, hailed the GST Council's decision to lower tax rates on commonly used items and said the benefits will be passed on to customers. According to a PTI report: The Council has reduced tax...

Srinivas Phatak to join HUL as CFO, Exec Director Finance

FMCG major Hindustan Unilever has announced the appointment of Srinivas Phatak as its Chief Financial Officer and Executive Director, Finance and IT. He has succeeded PB Balaji who resigned from the company in August to join Tata Motors as group...

FMCG firms expect full recovery from the pangs of implementation of GST

As the GST completes 100 days, major FMCG firms, including Dabur and Godrej Consumer, expect full recovery from the pangs of implementation of the new tax regime by the end of the third quarter with clear signs of demand...
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Former HUL CEO Mehta teams up with PE fund L Catterton for India-focused JV

Mehta will serve as the executive chairman of India for the vehicle from 4 April onwardsMumbai: Former Hindustan Unilever...
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