'When I met the prime minister, he asked me, "Dr Ganguly, what do you do with people in your company who lie to you?"' 'I said, "Prime Minister, we counsel them and give them a gentle warning. If they lie again, they are sacked".' '"This is my problem,'" Rajiv responded. "I can't sack people in government".' A revealing excerpt from former Hindustan Lever Chairman Dr Ashok S Ganguly's We Are Our Future: Reflections On Life.
Hindustan Lever said on Monday it has received government's approval to change its name to Hindustan Unilever Ltd following which, its new corporate identity represented by a new logo will come into effect.
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.
Susim Mukul Datta has not passed away, rather he is the ever-youthful leader to all who knew him, points out R Gopalakrishnan.
Diwan Arun Nanda, founder of Rediffusion and one of India's last great admen, changed the industry with memorable campaigns, political ads, and a rare mix of sharp strategy and creativity.
Hind Lever Chemicals is considering merging with Tata Chemicals Ltd, the Bombay Stock Exchange said on Wednesday.
Lakme Lever, a division of Hindustan Lever Ltd, will open 150 beauty salons next year to consolidate its position in the Rs 1,000 crore (Rs 10 billion) salon market.
HLL insiders say Baillie is lucky as HLL, after four years of lacklustre growth, has started showing momentum and energy in its sales performance.
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.
Reach out-of-court settlement on trademark violation.
'The pain of not having a home is bearable, but the pain of having one -- and not finding peace in it -- is far worse.'
Shares of Hindustan Lever Chemicals and Tata Chemicals declined last week after the announcement of the share swap ratio for the merger of the former with the latter.
'He has been one of the clearest thinkers in the history of business.'
Hindustan Unilever (HUL) hiked prices across its portfolio of products by 3-13 per cent in multiple tranches in February, with the sharpest increase of 13 per cent seen in the 100 gm Lux soap pack, the price of which increased to Rs 35 from Rs 31 earlier. The price of the 125 gms soap pack of Lifebuoy was hiked from Rs 31 to Rs 33, a rise of 6.5 per cent. In January, the company had hiked the price of the same stock-keeping unit from Rs 29 to Rs 31.
Defence stocks have been on a tear, with the Nifty India Defence index hitting all-time highs. Over the past week, the index jumped around 7 per cent, far outpacing the flat performance of the Nifty 50. Over the past month, its 12 per cent gain has trebled the benchmark's return.
US strikes on Iran's three main nuclear facilities have once again raised concerns that Tehran might shut down the Strait of Hormuz - one of the world's most critical chokepoints, through which a fifth of global oil and gas supply flows.
Vyshak was also fortunate to get guidance from former India and Karnataka pacer Abhimanyu Mithun during his initial days with the state Ranji Trophy team during the 2021-22 season.
Capgemini SA, the parent company of the Capgemini Group, will pick up a 51 per cent stake in Unilever India Shared Services (Indigo) for an undisclosed sum.
Move raises doubts about the viability of the business model in organised retail.