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.
What do we need more of: Leaders who dominate global institutions or local leaders with a 'Make-in- India' mindset?
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.
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.
An anti-war group in Kochi on Monday called for a boycott of products of Coca-Cola, Pepsi and Hindustan Lever Ltd to protest the superpower-led military action in Iraq.
Hindustan Lever Ltd has posted a 17.2 per cent rise in its net profit at Rs 300.47 crore (Rs 3 billion) for the second quarter ended June 30, 2005 from Rs 256.40 crore (Rs 2.56 billion) in the same quarter last fiscal.
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.
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.
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.
Consumer goods major Hindustan Lever Ltd has reported a 7.2 per cent rise in its net profit at Rs 443.22 crore
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.
If you think that revenue officials are going berserk, acting on their own, while the government chants the mantra of 'ease of doing business', you would be wrong. These moves appear to have full official backing, points out Debashis Basu.
Nirma's tryst with the pharmaceutical space started in 2006 when it acquired the ailing Core Healthcare in a deal reported to be worth Rs 300 crore. The Ahmedabad-based manufacturer of intravenous fluids was subsequently renamed Nirlife. Pharma industry insiders say Nirma, which broke open the detergent market in the 1990s with low prices and massive advertising, tried an encore of the low-price strategy in pharma, but with mixed results.
'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.'
Members of the G-23, who had shown courage to point out the flaws in the party's functioning, have allowed themselves to be co-opted by the Family to go through the motions of a post-mortem, notes Virendra Kapoor.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
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.
On its radar are Alberto-Culver and the personal care and laundry portfolios of Sara Lee, both recent acquisitions of Unilever.
The company plans to overhaul business and rationalise costs in a bid to reach parent Unilever's new profit targets, reports Viveat Susan Pinto.
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.
According to government sources, frozen parota (layered flatbread) does not qualify as a staple item and is not eaten by the poor. It is consumed by a class that can afford to pay taxes, hence falls in the 18 per cent category with the likes of biscuits, pastries, and cakes.
As Unilever's COO, he is expected to take significant load off CEO Alan Jope, pushing growth across markets and driving go-to-market activities.
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