hul

Hindustan Unilever (hul) has implemented price hikes of 2-5% due to 8-10% cost inflation, primarily driven by soaring oil prices from the West Asia war. Despite these challenges, the company maintained its outlook, anticipating FY27 to outperform FY26, supported by rural income growth and stable demand.

Renowned for his strategic insight, Nitin Paranjpe has enjoyed a lucrative career spanning several decades at Unilever and hul. Holding the title of non-executive chairman at hul comes with board compensation, but his wealth is primarily a byproduct of his leadership in top executive positions and influential board roles over the years.

Veteran actor Manoj Joshi recounted his harrowing stroke experience during 'Devdas' filming, which left him in a coma and temporarily blind. His wife's unwavering support, including taking up tuition work, was crucial during his year-and-a-half recovery and financial strain. Joshi's comeback began with television, leading to a resurgence in films.

Indian equity markets experienced a downturn Friday, with both Sensex and Nifty closing lower. Renewed military tensions near the Strait of Hormuz dampened investor sentiment, leading to profit-booking across various sectors. While IT stocks showed resilience, PSU banks were significantly impacted. Global markets also reflected cautious sentiment.

Indian equity benchmarks, Sensex and Nifty, staged a strong intraday recovery to close higher on Tuesday. Easing crude oil prices, positive global cues, and robust buying in IT stocks fueled the rebound. Despite initial weakness, markets ended firmly in the green, with IT stocks leading the gains.

Hindustan Unilever announced a significant investment of up to Rs 2,000 crore over two years to boost manufacturing capacity in premium beauty, wellbeing, and home care liquid categories. This strategic move aligns with hul's focus on scaling brands and developing future categories to meet evolving consumer demands and strengthen its supply chain.

The board of Hindustan Unilever (hul) has approved a proposal to increase the royalty and central services fees to Unilever group entities to 3.45% of turnover from 2.65%.

The merger of GlaxoSmithKline Consumer Healthcare (GSKCH) with Hindustan Unilever (hul) — one of the largest FMCG deals — is complete. Now, the board of hul has also approved the takeover of brand Horlicks from GSK global.

Leading FMCG firm Hindustan Unilever Ltd (hul) on Thursday announced the separation of the position of chairman of the board and the CEO & managing director, and has appointed Nitin Paranjpe as a non-executive chairman of the company.

Anglo-Dutch FMCG giant Unilever PLC's $5.4 billion open offer to increase stake in its Indian arm Hindustan Unilever Limited (hul) to up to 75 per cent, will commence on Friday and close on July 4.

Hindustan Unilever (hul) has reported a 20% growth in net profit at Rs 2,616 crore in the second quarter ended September 30, 2022, as compared to Rs 2,185 crore in the corresponding quarter last year.

Hindustan Unilever (hul) is set to acquire Adityaa Milk ice cream and frozen desserts business from Vijaykant Dairy and Food Products (VDFPL), which largely caters to the southern markets for an undisclosed amount.

Phatak, who is currently Vice President, Finance Services, Unilever, will take over from P.B. Balaji who is slated to join Tata Motors as its CFO. An hul statement said Phatak will also join the hul Board of Directors. The appointment will be effective from December 1, 2017.

Five years after it was first put on the block, FMCG major Hindustan Unilever Ltd (hul) has finally found a client for its marquee former headquarters at Backbay Reclamation in Churchgate. Housing finance giant HDFC has taken on lease the entire hul House spread over 1.53 lakh sq ft.

Bombay high court, passed urgent interim orders in favour of hul against “disparaging” advertising by another soap manufacturer against its soap including Dove, Pears and Lux. The HC passed the order ex parte against another soap manufacturer USV—Sebamed soap— till January 14.

Hindustan Unilever (hul) has reported a 17 per cent growth in standalone profit after tax at Rs 2,243 crore during the third quarter ended December 31, 2021, while the domestic consumer growth was at 11 per cent. The growth is mainly driven by price increases taken during the quarter to combat inflationary pressures.