Susim Mukul Datta has not passed away, rather he is the ever-youthful leader to all who knew him, points out R Gopalakrishnan.
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.
Vedanta, a conglomerate in mining and metals, has seen a surge in its share price on the back of multiple triggers. Its demerger appears to be on track, a strong non-ferrous commodity cycle is boosting margins, and silver bulls are interested in Hindustan Zinc, its subsidiary.
HLL insiders say Baillie is lucky as HLL, after four years of lacklustre growth, has started showing momentum and energy in its sales performance.
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.
Harekrishna Deka will be replaced by Assam Police Housing Construction Limited CMD P V Sumant.
How did an Indian Army brat become one of the most powerful bankers in the world?
He was accompanied by Hindustan Lever Limited chairman Vindi Banga, ICICI CEO K V Kamath and a member of the Board of Governors.
The company has informed the Assam government and the Centre about the ULFA's letter, which was delivered on September 26.
Pepsi and Hindustan Lever Limited joined hands in India to launch ice tea, a segment that's expected to grow into five to ten per cent of the Rs 6,000 crore (Rs 60 billion) carbonated soft drinks market.
Move raises doubts about the viability of the business model in organised retail.
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.
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
Analysts assert that Vedanta Group's plan to demerge India-listed Vedanta Limited into six listed entities will not resolve the debt problem of its promoter entity, Vedanta Resources (VRL). They suggest that additional asset sales or stake sales by promoters will be necessary to repay the debt. Vedanta is already considering the divestment of its iron-steel division and its copper plant.
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.
'These guys who are running away -- they are running away from all that the BJP stands for.'
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Bajaj Auto, said the company might re-enter the scooter market and if and when it does, the iconic Chetak might be revived.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries
Despite near-term headwinds of rising input costs and the possibility of lower demand for products as Covid dented rural & urban India, and impacts both production & consumption, analysts remain bullish on stocks of fast moving consumer goods (FMCG) companies and expect the index to relatively outperform its peers in the second half of fiscal 2021-22 (FY22). In the past one year, prices of key commodities such as groundnut oil, mustard oil, Vanaspati, soya oil, sunflower oil and palm oil have shot up in the range of 20 per cent to 60 per cent, data show. The FMCG sector macros in this backdrop, according to analysts, have further deteriorated because of weakness in consumer demand and likely margin pressure due to elevated crude oil, palm oil and global food prices.
The debate on net neutrality has turned into another fight between ordinary folks and a large corporation.
'Reliance on crude oil is still very high. Globally, natural gas is 25 per cent of the energy basket. In India, it has fallen to 6.5 per cent, from 11 per cent in 2014.'
Investment in market leaders with a safety-first approach could yield reasonable returns across sectors.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
After three decades of glorious service, the Sea Harrier jets of the Indian Air Force will fly into the sunset on Wednesday.
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