HUL to demerge ice cream business

FMCG major Hindustan Unilever Ltd (HUL) on Monday said its board has approved the demerger of the ice cream business, which owns brands such as Kwality Wall's, Cornetto and Magnum, into an......

Sunil Mittal to step down from Unilever's board

Lack of time was cited as the main reason for Bharti Chairman Sunil Mittal’s exit from the Unilever board. Bharti Enterprises chairman Sunil Mittal, who had joined Unilever Plc’s board......

Hindustan Unilever Q2 profit misses estimates

Hindustan Unilever, India's largest consumer goods company, on Wednesday reported a 2.6 per cent fall in second-quarter profit, missing analysts' expectations, as it cut prices. The Indian unit of......

Unilever to slash 250 R&D jobs globally

Consumer goods major Unilever Plc has announced slashing of 250 research jobs across the world as a part of its restructuring plan to consolidate its research and development activities.The......