Susim Mukul Datta has not passed away, rather he is the ever-youthful leader to all who knew him, points out R Gopalakrishnan.
As a market leader, the company will continue to see a spate of new competition going forward. Unless the demand outlook improves or the company finds new growth engines, cost-cutting measures alone will not be of much help.
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.
Undertaking a major restructuring exercise, consumer goods conglomerate HLL on Wednesday announced a slew of top level management changes naming Douglas Baillie as the chief executive officer to head the management committee.
Tea major Hindustan Lever Ltd, facing threat to its employees from ULFA, will not withdraw its operations from Assam following an assurance by Chief Minister Tarun Gogoi.
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.
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.
Hindustan Lever Ltd, the consumer goods behemoth, is realigning its strategy by entering new retail hotspots such as malls and multiplexes in a big way.
Hindustan Lever Ltd said on Wednesday it has decided to move its corporate office to a new proposed campus at Andheri in Mumbai.
Move raises doubts about the viability of the business model in organised retail.
Hindustan Lever Ltd will focus on 35 brands having better value and bigger role in consumers' lives and will reduce its prices to make them more affordable, the company said on Friday.
After 44 years, India's most well known detergent brand 'Surf' has been quietly phased out by its manufacturer Hindustan Lever since the company felt the brand name was "becoming somewhat generic"
State-run Bharat Petroleum Corp Ltd on Wednesday said it has tied up with Hindustan Lever Ltd and three other kitchenware brands for selling grocery items to its LPG customers through its distributor network.\n\n\n\n
In a bid to boost sales, Hindustan Lever Ltd and PepsiCo have formed an alliance to sell and distribute Lipton ready-to-drink tea and tea-based beverages in India.
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.
HLL garnered some gains to move off an almost five-year low touched in morning trades.
Hindustan Lever Ltd has reported a flat growth in net profit at Rs 1,771.79 crore for the year ended December 31, 2003, compared to Rs 1,769.74 crore recorded in the previous year.
Broadcaster Star India stands to lose Rs 100 crore (Rs 1 billion) following the decision of India's largest advertiser Hindustan Lever to pull its advertising off the Star network.
Under attack for a stagnant growth in the face of increased competition forcing it to enter a price war, FMCG major HLL has chalked out a strategy to rebuild its margins through lower costs and competitive pricing.
Faced with stiff competition, fast moving consumer goods major Hindustan Lever Ltd has decided to tap the rapidly growing direct-selling segment with the launch of ready-to-eat foods.
Unilever president (Asia & Africa) Harish Manwani is to succeed M S Banga as the non-executive chairman of Hindustan Lever Ltd.
Consumer goods major Hindustan Lever Ltd said on Friday that each of its mega brands is capable of generating a sale of Rs 1,000 crore (Rs 10 billion) in the foreseeable future.
Amid reports of squeezing margins due to price wars, FMCG behemoth Hindustan Lever Ltd has decided to focus on strengthening 'corporate relations' in Delhi for which it has given the charge to Shubhabrata Bhattacharya.
Three options have been shortlisted for the new name: Hindustan Unilever Limited (HUL), Unilever Hindustan Ltd and finally, Unilever India. So far, the first option -- HUL -- seems the most likely.
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