HUL, ITC, Nestle, Colgate, Dabur, Britannia, Asian Paints, P&G are trading at nearly 48 times. The previous record high was 53 times at the end of March 1994.
Reliance Industries rose by 1.16 per cent while ITC and ICICI Bank zoomed up to 2 per cent, lifting the indices to all time high levels.
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.
Harish Manwani, HUL's chairman, responded to questions from Viveat Susan Pinto on how his company managed to buck the trend after struggling for much of the financial year ended March 31.
'The wonderful thing about being a journalist is that when someone tries to muzzle your work, it's a badge of honour.' 'You know you've done something right,' Priyanka Pathak-Narain, the author of Godman To Tycoon: The Untold Story Of Baba Ramdev, tells Sunil Sethi.
It takes 6 to 8 months after the approval for a product to hit stores.
Combined profit before tax of 81 firms down 37.5% y-o-y, worst show in at least 3 years.
TCS heads top-10 ranking despite being sole loser; RIL, ITC take second & third place respectively
Hindustan Unilever Ltd, India's largest personal care product maker, on Tuesday reported a better-than-expected increase in its September quarter net profit and revenues, signalling a revival of demand following the world's biggest lockdown.
Old rivals HUL and Reckitt brag product potencies
FMCG giant HUL sold or leased its landmark commercial properties, including its former headquarters, last year.
Tata Sons director R Gopalakrishnan shares his views on MBA education in the country, its ills and why he never did an MBA.
The benchmark S&P BSE Sensex fell for the third day and closed 56.57 points lower at 19,748.19, dragged down by metal, realty and bank stocks ahead of the RBI's policy review next week.
Markets ended lower on Thursday following the expiry of July derivative contracts weighed down by profit taking in FMCG shares after recent gains.
Mandates have been handed out to staffing solutions companies such as Randstad India and TeamLease, officials at these firms have said, as players increasingly push into rural areas to capitalise on the uptick in the hinterlands.
ASCI has released norms for fairness creams, saying these would go a long way in ensuring ads do not discriminate against people with dark skin.
As urban shoppers tighten their belts, companies are betting on rural consumers and smaller packs to fire up sales.
British Prime Minister David Cameron on Monday began his India visit seeking a "special relationship" between the two countries, saying it is "about the future and not the past" for which sky is the limit.
The consumer goods segment faces an uphill task of retaining investor interest in the near future as valuations become expensive.
Say will take up the issue with the HUL management.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Why Danone, Philips, and to an extent Nestl and P&G remain under stress in India is a subject perhaps worthy of a business school case study, says Shailesh Dobhal.
Promoters' holding in private sector BSE 500 companies declined to 43.4% in Sept
Harpreet Singh Tibb has worked at the largest fast-moving consumer goods company in the country, Hindustan Unilever.
The results declared by key companies for the three months ended March 31 show most firms have managed to arrest the moderation in volume growth witnessed in previous quarters.
The Bombay Stock Exchange's 30-share Sensex closed at 19,504 up 117 points. The National Stock Exchange's 50-share S&P CNX Nifty closed up 26 points at 5,930.
The main driver remains expectations of a big rate cut in the May 3 credit policy review, but stocks like Hind Unilever and ITC have also seen heavy buying.
Second quarter numbers hint at a rocky road ahead with a slowdown in discretionary categories set to continue.
While Tata Consultancy Services, HUL, ITC and Infosys saw a rise in their market capitalisation (m-cap) for the week ended Friday, RIL, HDFC Bank, HDFC, Maruti Suzuki India, SBI and Kotak Mahindra Bank suffered losses.
Enthused by robust financial performance and attractive valuations, foreign investors increased their exposure to fast-moving consumer goods (FMCG) companies such as Britannia, Hindustan Unilever and Godrej Consumers Products in April-June this year.
As group CEO, Sudhanshu Vats' job is to steer the television (Colors, Nick, Sonic, MTV, etc) and film businesses of Viacom18 Media.
PI Industries, GCPL, Colgate and HUL have delivered positive returns every year since 2008.
Firm global cues, along with gains in FMCG majors ITC and Hindustan Unilever aid the upmove.
The aggregate value of merger and acquisition (M&A) transaction involving Indian entities was $20.8 billion last year, down 46.3 per cent over the 2012 figure, global deal tracking firm Mergermarket said.
Volume growth, a key metric for most consumer companies, was down to five per cent for HUL in the third quarter from almost 9-10 per cent a year ago.
'Our preference remains for the less-expensive industrial stocks, which are showing good earnings momentum.'
Indicating that Hindustan Unilever (HUL) which sells almost 40 percent of its brands in thehinterlands will increase its focus on rural markets, the consumer goods major today called for convergence of urban and rural marketers so that prosperity spreads to the rural areas.
National brands prefer the acquisition route since the southern market is culturally different, reports T E Narasimhan from Chennai.
Ash content is now allowed up to 1%, the new notification has proposed to increase it to 2% for seasonings or tastemakers.
