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Sanjiv Mehta

Growth of e-commerce in grocery channels irreversible; will co-exist with general trade: HUL CMD Sanjiv Mehta

Growth of e-commerce in the grocery segment is "irreversible" but kirana stores and modern trade channels would also remain relevant, Hindustan Unilever CMD Sanjiv Mehta said on Wednesday. According to a PTI report: Mehta also said rural sales are growing...

Govt in final stage of drafting e-commerce policy

The government is in the final stage of drafting the e-commerce policy and National Retail Trade policy, Union minister Som Parkash said on Wednesday. According to a PTI report: The Minister of State for Commerce and Industry said the government...

HUL Q2 net up 8.6 pc at Rs 1,974 crore

FMCG major Hindustan Unilever on Tuesday reported an 8.58 percent increase in consolidated net profit to Rs 1,974 crore for the quarter ended on September 30, 2020. The company had posted a net profit of Rs 1,818 crore in...

HUL expects few turbulent quarters going forward

FMCG major HUL expects a couple of turbulent quarters going forward and the firm's objective would be to navigate it in the most agile manner, company's Chairman and Managing Director Sanjiv Mehta said on Tuesday. According to a PTI report:...

HUL logs 7 pc rise in net profit at Rs 1,881 cr

FMCG major Hindustan Unilever (HUL) on Tuesday reported a 7 percent growth in standalone net profit for the first quarter (April-June) of FY21 at Rs 1,881 crore. During the corresponding period of the previous fiscal, the company had reported a...

HUL completes VWash acquisition from Glenmark

Hindustan Unilever Limited (HUL) on Friday announced that it has completed the acquisition of intimate hygiene brand VWash from Glenmark Pharmaceuticals Ltd. In a regulatory filing, HUL said that it has acquired the intellectual property rights including trademarks, design and...

HUL to focus on e-commerce, modern trade channels

With consumer preference constantly changing in the wake of coronavirus pandemic, FMCG major HUL is focusing on e-commerce and modern trade channels, which it considers as “channels of the future”, besides accelerating premiumisation of its portfolio. According to a PTI...

Lockdown 3.0: HUL expects pandemic to speed up technology adoption in distribution

FMCG major HUL expects technology adoption in distribution channel, including neighbourhood stores besides e-commerce, to speed up as a result of consumers' experience during the coronavirus pandemic. According to Hindustan Unilever (HUL) CMD Sanjiv Mehta, the company will be ready...

Hindustan Unilever partners with UNICEF to support India's fight against COVID-19

Fast-moving consumer goods (FMCG) major Hindustan Unilever on Wednesday said it has collaborated with the United Nations Children's Fund (UNICEF) for a mass communication campaign to inform and empower the general public against the COVID-19 pandemic. The campaign brings...

HUL announces completion of GlaxoSmithKline merger

FMCG major Hindustan Unilever on Wednesday announced completion of GlaxoSmithKline Consumer Healthcare Ltd''s merger (GSKCH) with itself. The company has received all the necessary regulator approvals along with the National Company Law Tribunal for the merger of GSKCH into the...
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Bharti Realty to build 17 million sq. ft. of office, retail space in Delhi

The company has started construction of 6.5 million sq. ft. of commercial space, of which 3.5 million sq. ft....
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