Maruti Udyog Ltd on Wednesday announced the appointment of Hindustan Lever Chairman Manvinder Singh Banga as the fourth independent director on its board.
Union Health and Family Welfare Minister Anbumani Ramadoss, who inaugurated the new Rs 24.70 crore unit with an added capacity of 283 million pieces to the plant's exisisting capacity, said the public sector unit with production facilities here and Belgaum with an annual production capciaty of 1.32 billion condoms already possessed ten per cent of the global share.
A senior official at the health ministry told ANI: "For HCQ, we have placed orders for about 11.45 crore tablets to two Indian firms -- IPCA laboratories and Zydus Cadila. So far, we have received 6.64 crore HCQ drugs and remaining will arrive by May 16."
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.
The government has tweaked the income tax laws to make it easier for the new owners of loss-making public sector undertakings (PSUs) to carry forward the accumulated losses and set them off against future profits. This will result in significant tax savings for the new owners if they are able to turnaround operations of the ailing PSU within a few years. This will, in turn, boost the post-tax earnings and returns for the new owners.
Harekrishna Deka will be replaced by Assam Police Housing Construction Limited CMD P V Sumant.
The first consignment of 75,000 vials will reach India on Friday, it added.
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.
T Thomas, former chairman of Hindustan Unilever, passed away March 2.
The share of public sector undertakings (PSUs) in the total market capitalisation of listed companies--at an all-time low of 10 per cent currently --- may get a leg-up from the government's divestment push. Recently the government announced the successful sale of national carrier Air India to Tata Sons, India's first privatisation of a PSU since 2002-03. The transaction is expected to be completed by December.
According to the purchase order placed on Monday, each dose of the vaccine has been priced at Rs 200 and with GST of Rs 10, it would cost Rs 210.
The first nationwide mock drill was held on January 2 which, the health ministry said, helped to iron out any glitches in the final execution and further refinement of the operational procedures.
Hindustan Lever on Tuesday reported a consolidated net profit of Rs 1,890.53 crore (Rs 18.90 billion) for the year ended December 31, 2006 as against Rs 1,355.92 crore (Rs 13.55 billion) in FY05.
To tackle the resultant inflation, the Indira Gandhi government had imposed price controls on manufactured products, including soaps and vanaspati, in 1973.
As many as 20 central public sector enterprises and their units are at various stages of strategic disinvestment, while six are being considered for closure or are under litigation, Minister of State for Finance Anurag Singh Thakur said on Monday.
Procter & Gamble on Thursday announced a 16 per cent price cut in the 'Pantene' range of shampoo to take on competition from arch rival Hindustan Lever Ltd.
Dispatch of the vaccine is likely to start by early Tuesday morning, sources said. According to the order placed, each dose of the vaccine has been priced at Rs 200 and with GST of Rs 10, it would cost Rs 210.
Hindustan Lever has posted a 10.6% decrease in net profit to Rs 382.92 crore (Rs 3.82 billion) for the first quarter ended March 31, 2003 when compared with Rs 428.54 crore (Rs 4.28 billon) for the corresponding quarter last fiscal.
Hindustan Lever Ltd has posted a net profit of Rs 4665.10 million for the quarter ended December 31, 2002 as compared to Rs 4363.80 million for the quarter ended December 31, 2001.
The stupidity of someone buying impressions on people meters is like saying the BJP wins elections because the EVMs are rigged. I predict zooming TRPs for Republic TV, says Sudhir Bisht.
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
Hindustan Lever on Monday reported a net profit of Rs 325.96 crore (Rs 3.25 billion) for the third quarter ended September 30, 2005 as against Rs 324.32 crore (Rs 3.24 billion) in the quarter ended September 30, 2004.
Suresh Narayanan, chairman & managing director, Nestl India, shares tips on crisis management.
Hindustan Lever on Monday reported a 15 per cent decline in net profit at Rs 250.25 crore (Rs 2.5 billion) for the first quarter ended March 31, 2005 as against Rs 294.88 crore (Rs 2.94 billion) in Q1 FY04.
Merger and acquisitions is the toast of the season and a full platter of deals is expected to hit the table very soon in the consumer goods space involving leading players like HLL, Dabur, Marico and United Spirits.
Hindustan Lever Ltd on Thursday reported a fall of 22.9 per cent in its net profit for the first quarter ended March 31, 2004 at Rs 294.88 crore as compared to Rs 382.92 crore for the corresponding quarter last fiscal.
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