Hindustan Levers Ltd, India's top consumer goods firm, is likely to report first-quarter net profit fell nearly 13 per cent and revenue dipped as distributors held off on new orders due to uncertainty over a new value-added tax.
Reader Zubin Sanjana has sent us a photograph.
Hindustan Lever Ltd said the report about sale of its Dalda brand is speculative.
From the enactment of the capital control Act to the recognition of the BSE as a stock exchange and the infamous Harshad Mehta scam, here are the 18 biggest events for stock markets from 1947 to 1993.
Total of 11 private Indian firms have made it to the list of 500 most valuable companies across the world, and the country is ranked 10th on the chart, as per a report. The total value of these 11 companies grew 14 per cent and has been pegged at $805 billion or nearly a third of the Indian GDP. All these companies in the list of non-state enterprises have gained in value during 2020, which was hit by the pandemic, barring tobacco major ITC and second largest private sector lender ICICI Bank, as per the 'Hurun Global 500' report.
Meanwhile, Parekh and Ganguly make a strong and compelling case for FDI in retail. Read on
In a few weeks, the 14 eminent citizens who wrote 'An Open Letter to our Leaders' this week will propose concrete suggestions how 'our leaders' can tackle the problems of governance deficit and corruption, reveals Dr Ashok Ganguly, one of the 14 signatories.
FMCG sector analysts say that due to excise free zones, impact of the excise duty hike will be limited, except for Hindustan Lever. The sector wants impetus for rural income generation and no hike in service tax.
Eminent journalist H K Dua and noted entrepreneur and former chairman of Hindustan Lever Limited A K Ganguly have been nominated by the government to the Rajya Sabha. Sources said on Tuesday that the names have been sent to President Pratibha Patil for her assent. Ganguly, who was conferred with the Padma Vibhushan award, the second highest civilian honour, was also a member of the Prime Minister's Council on Trade and Industry.
In totally free markets, the profit maximising behaviour of firms sometimes results in negative consequences to public welfare.
Analysts say they have more product ideas, nimbler market responses than the giants.
Shareholders took the FMCG major to task on issues ranging from the mercury pollution in the pristine environs of Kodaikanal in Tamilnadu to changing the name to Hindustan Unilever Limited.
Men in India seem to be in a rush to be the fairer sex.
'These guys who are running away -- they are running away from all that the BJP stands for.'
Top food consultant Karen Anand chats about her new book 'Simple Cooking for the Desperate Housewife' and how you can go from drab cooking to fab cooking in your own kitchen.
The net sales of the company showed a growth of 14.4 per cent at Rs 2,974 crore (Rs 29.74 billion) from Rs 2600 crore (Rs 26 billion) during the same period last year. \n
They have invested for the long term and made a strong organisational commitment by assigning senior managers to work with established local teams.
Mutual funds predominantly bought engineering, media, pharma, and oil and gas stocks in July
As the country's largest advertiser Hindustan Lever negotiates a lower advertising rate with the largest entertainment network Star India, arch-rival Zee Network is smiling.
Homegrown personal care products company CavinKare, which replaced FMCG major Hindustan Lever as the top shampoo marketer, is once again increasing focus on its hair care portfolio.
Though fraught with risks, small business can easily fetch better returns than the established companies.
Moving ahead from the conventional advertising focus on brands, FMCG companies are now trying to establish a connection among the company and its various brands.
With pricing power returning to the fast moving consumer goods sector as consumers begin to upgrade to premium products, most companies have stopped offering freebies and reduced prices.
This website targets young women where they can find out solutions to problems ranging from periods, love, body, teenage issues and so on. "In the near future we will also have a blog site," added the spokesperson.
Hindustan Lever Ltd has suffered a setback with the Delhi high court dismissing its plea to stop rival Reckit Benckiser India Ltd from running an advertisement of Dettol soaps, which HLL had alleged disparaged its popular brand Lifebuoy.
The shareholders of Hindustan Lever Ltd have given their nod to the scheme of arrangement between HLL, Shamnagar Estates Pvt Ltd, Jamnagar Properties Pvt Ltd, Hindustan Kwality Walls Foods Pvt Ltd for demerger of shares.
Indigo Lever Shared Services, the BPO arm of the Unilever Group of companies, has acquired 26,000 square feet in First Technology Place, a technology park at Whitefield, Bangalore.
An acknowledgment of some peculiar-to-India ground realities would be quite pragmatic and therefore ambition should be tempered with some patience
After nearly 50 years, an expatriate returns to the top job in FMCG major Hindustan Lever Ltd, which on Friday announced the appointment of Douglas Baillie as Managing Director and CEO with effect from March 2006.
Reach out-of-court settlement on trademark violation.
In what could be termed a back door entry into the hair colour segment, consumer goods major Hindustan Lever Ltd is scripting a grand revival of its plans targeted at hair colour users.
Maruti Udyog Ltd surpassed Coca-Cola, Pepsi and Hindustan Lever to emerge as the country's largest sports advertiser on television in 2006.
Why the consumer care business is still important to IT major Wipro?
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