Friday, November 8, 2024

HUL

As HUL reviews ice-cream business, companies line up for a bid

Industry
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,...

HUL forms independent panel to assess ice cream business amid Unilever’s global spin-off

Industry
FMCG giant Hindustan Unilever Ltd (HUL) announced on Friday that its board has decided to establish a panel of independent directors to evaluate the prospects of its ice cream business. The board discussed the strategic direction...

FMCG companies expect volume growth to sustain amid rising rural demand

News
FMCG companies anticipate continued volume growth in the coming quarters, driven by demand recovery in rural areas and a favourable monsoon, despite rising food...

Hindustan Unilever reports 2.2% increase in net profit to INR 2,612 Cr for Q1 FY25

News
Hindustan Unilever Ltd (HUL) has ͏r͏e͏p͏orte͏͏d ͏a 2͏.͏2͏%͏ i͏n͏crease͏ in consolida͏ted net p͏rofit͏, ͏rea͏ch͏ing͏ INR͏ 2,61͏2 crore fo͏r t͏he June qua͏rter ͏of͏ ͏FY2͏͏5͏.͏͏ Accord͏ing t͏o...

Hindustan Unilever to sell Pureit water purification business to A.O. Smith India for INR 601 Cr

News
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

News
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

News
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...

Hindustan Unilever appoints Arun Neelakantan as executive director, customer development

News
Hindustan Unilever Limited (HUL) announced that Arun Neelakantan, currently serving as the chief digital officer, will assume the role of executive director, customer development,...

OZiva records INR 44 Cr loss in fiscal year 2024: HUL

News
OZiva, a plant-based nutrition brand, reported a net loss of INR 44 crore on a turnover of INR 104 crore for the fiscal year...

SLN Coffee appoints Sahib Singh as new CEO to drive expansion

Leadership
In a strategic maneuver geared towards broadening its market footprint, SLN Coffee has named Sahib Singh as its new CEO. Bringing a wealth of experience...

Premiumization and cost cuts boost margins for HUL, Tata Consumer, and Nestle India in Q1

News
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

News
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...

E-commerce platforms align with regulations, rebrand ‘health drinks’ as ‘nutrition drinks’

News
Taking heed of the government's advisory against marketing beverage mixes and drinks like Bournvita, Horlicks, and Boost as "health drinks," a category not officially...

HUL expects surge in FMCG demand, rules out short-term price hike

News
Hindustan Unilever (HUL), a prominent FMCG manufacturer, anticipates a gradual increase in overall demand without any imminent price hikes in the near future, according...
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