Kwality Wall's
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...
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...
FMCG
Evaluating various future options for ice cream business in India, says HUL
PTI -
The company intends to transform itself into a simpler, more focused and higher-performing company by separating the ice cream business, a move expected to result in a loss of 7,500 jobs.New Delhi: Hindustan Unilever on Tuesday said it is...
E-Commerce
The business of love on Q-commerce
How Q-commerce platforms added cheer to the Valentine’s Day celebrations of its customers
New Delhi: In 2015, Indians spent approximately Rs 22,000 crore on Valentine’s Day, as per ASSOCHAM data. Valentine’s day has grown manifolds since then as a celebration...
D2C
How FroGo is creating a niche in online frozen food delivery
The brainchild of serial entrepreneur, Mira Jhala, FroGo is creating a robust frozen-only distribution channel for new D2C as well as established national brandsBy Anurima DasWith a catchy name and a unique offering, FroGo is catering to the growing...
Food
HUL to acquire Adityaa Milk ice cream and frozen desserts business
FMCG Hindustan Unilever Ltd (HUL) said it has signed an agreement with Vijaykant Dairy and Food Products Ltd (VDFPL) and its group company to acquire 'Adityaa Milk' brand ice cream and frozen desserts and front end distribution network across...
Food
Fight between ice cream and frozen dessert makers hots up
IANS -
What's the difference between an ice cream and a frozen dessert? And does it matter?
Yes, if the battle between giants is any indication.
India's largest fast moving consumer goods (FMCG) company, Hindustan Unilever, had last month filed a case against...
Food
The cold war: India's evolving ice cream market
The ice-cream market is evolving with new and unusual flavours, textures and fusions, while a growing consumer base, product acceptability, and stiff competition is pushing operators to strive for competitive advantages through innovations in product offerings and delivery of service
The...
Progressive Grocer
HUL Posts Net Profit of Rs 8,721.30 mn in Q4
Hindustan Unilever has posted a net profit of Rs 8,721.30 mn for the quarter ended March 31, 2014 as compared to Rs 7,872.00 mn for the quarter ended March 31, 2013. Total Income has increased from Rs. 65716.40 mn...
Food
Ice-cream market in India
Ice-cream is typically regarded as a seasonal product, with demand peaking during the summer months. Winter witnesses a sharp decline in consumption and resultant dip in sales and profits. However, with the marketplace teeming with a host of innovative...
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Latest News
Zomato raises $1 bn via QIP; Motilal Oswal, ICICI Prudential among big domestic investors
Zomato had launched its Qualified Institutional Placement (QIP) issue on 25 November, which closed on 28 November New Delhi: Food...
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