Hindustan Lever Ltd, India's largest consumer goods company is calling the shots again. This time it is on the distribution front.
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.
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.
Here stood a man who embodied the legacy of whatever Brand Tata stood for, embellished it, and departed into the long night, leaving the brand legacy for others to further enrich, notes R Gopalakrishnan.
The October-December quarter (Q3FY25) results of fast moving consumer goods (FMCG) major Hindustan Unilever (HUL) indicated weak demand, with urban growth muted and rural showing recovery. Consolidated revenue grew by 1.6 per cent (volume was flat) to Rs 15,818 crore, due to price hikes. Prices of key raw materials such as palm oil and tea remained elevated, leading to compression of gross margin.
Hindustan Lever Ltd said the report about sale of its Dalda brand is speculative.
Reader Zubin Sanjana has sent us a photograph.
Hindustan Unilever has many firsts to its credit. Now, it adds one more. India's largest fast-moving consumer goods company has found a new way of keeping in touch with its employees -- present and former.
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.
Indigo Lever Shared Services, the BPO arm of the Unilever Group of companies, has acquired 26,000 square feet in First Technology Place, a technology park at Whitefield, Bangalore.
Though fraught with risks, small business can easily fetch better returns than the established companies.
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.
Analysts say they have more product ideas, nimbler market responses than the giants.
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.
People who can adapt their skill set to different sectors always remain relevant, irrespective of the job scenario
In the coming months, Lever Ayush will venture into categories beyond soaps, shampoos, toothpastes, lotions and moisturisers, its current segments of operation, as it seeks to give the brand a horizontal push.
Meanwhile, Parekh and Ganguly make a strong and compelling case for FDI in retail. Read on
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.
In a few weeks, the 14 eminent citizens who wrote 'An Open Letter to our Leaders' this week will propose concrete suggestions how 'our leaders' can tackle the problems of governance deficit and corruption, reveals Dr Ashok Ganguly, one of the 14 signatories.
In totally free markets, the profit maximising behaviour of firms sometimes results in negative consequences to public welfare.
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