Hindustan Unilever
Reliance Consumer Products, the FMCG division of Reliance Industries, aims to reach a revenue target of INR 9,000 to INR 10,000 crore in the next two years,͏͏ according͏͏ to͏͏ The͏͏ Hindu͏͏ Businessline,͏͏ citing͏͏ sources͏͏ familiar͏͏ with͏͏...
Hindustan Unilever's (HUL) move to form a committee of independent directors to evaluate its ice-cream business has sparked significant interest from various companies, with many anticipating that the consumer goods leader will eventually divest the business,...
Breaking News
HUL forms independent panel to assess ice cream business amid Unilever’s global spin-off
FMCG giant Hindustan Unilever Ltd (HUL) announced on Friday that its board has decided to establish a panel of independent directors to evaluate the...
Reliance to inject INR 3,900 Cr into FMCG division to boost market share
Reliance is planning to inject up to INR 3,900 crore into its FMCG division through a combination of equity and debt. This investment is...
Hindustan Unilever to sell Pureit water purification business to A.O. Smith India for INR 601 Cr
Hindustan Unilever's board ͏ha͏s giv͏e͏n th͏e gr͏een light͏͏ ͏͏to sel͏l͏ ͏its Pureit water purification business to A.O. Smith's India arm for͏ INR 601͏͏ ͏͏cro͏r͏e...
Whirlpool of India teams up with HUL to launch joint marketing initiative for Surf Excel
Leading washing machine manufacturer Whirlpool of India a͏nd͏ Hindustan Unilever Ltd (HUL) ha͏ve announced a ne͏w marke͏ting alliance for H͏UL's Surf Excel laundry brand͏....
HUL spearheads palm oil reduction in soaps, targets 25% cut with innovative technology
Hindustan Unilever (HUL), India's largest consumer goods manufacturer, is cutting the use of palm oil and its derivatives in soaps by 25%, as part...
Uneven rainfall affected rural demand: Hindustan Unilever chairman Nitin Paranjpe
Hindustan Unilever reported a robust performance in last fiscal year despite facing a challenging macroeconomic environment characterized by erratic rainfall and subdued agricultural output,...
Southern India leads economic recovery post-Covid: Kantar Report reveals strong FMCG growth in five states
The southern region of India seems to be leading the way in the overall economic recovery post-Covid, with five states showing stronger sales in...
FMCG companies to face muted demand in June quarter, recovery likely in H2
The demand for daily groceries, essentials, and household products is expected to be muted in the current quarter, according to global research firm Kantar....
Analysts optimistic as FMCG shares surge up to 10%, hint at ‘start of a catch-up rally’
The recent surge in shares of fast-moving consumer goods (FMCG) companies could mark the onset of sector outperformance over the next few months, experts...
Premiumization and cost cuts boost margins for HUL, Tata Consumer, and Nestle India in Q1
Amidst the heightened regulatory scrutiny surrounding processed foods, Hindustan Unilever (HUL), Tata Consumer Products (TCPL), and Nestle India have released their March quarter results....
Hindustan Unilever shifts focus to bigger brands in pursuit of volume growth
FMCG giant Hindustan Unilever's managing director, Rohit Jawa, stated that he is neither satisfied with the company's volume growth nor believes the company has...
HUL expects surge in FMCG demand, rules out short-term price hike
Hindustan Unilever (HUL), a prominent FMCG manufacturer, anticipates a gradual increase in overall demand without any imminent price hikes in the near future, according...