| Rediff India Abroad Home | All the sections | |
HLL corp office to shift to Andheri August 02, 2006 12:47 IST Hindustan Lever Ltd said on Wednesday it has decided to move its corporate office to a new proposed campus at Andheri in Mumbai. The move integrates all existing business offices of the company at both Bangalore and Mumbai and the transition will be completed during 2008. The new campus will have a built-up area of over 500,000 sq ft, the company informed the Bombay Stock Exchange. The transition to the new office would be done in two phases. In phase I, the Bangalore Foods team will be relocated to Mumbai head office by January 1. While in phase II, the Mumbai head office and training centre will be relocated to the new Andheri campus during 2008, it said. HLL's foods and beverages, home and personal care business along with the regional category functions and training centres would work together in the new campus. This co-location will harness synergies between regional category teams and the operating company, it added. Do you want to discuss stock tips? Do you know a hot one? Join the Stock Market Investments Discussion Group
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||