Hindustan Unilever Ltd

Leading FMCG major Hindustan Unilever Limited (HUL) on Tuesday announced the appointment of Bobby Parikh, former CEO of Ernst & Young India, as an Independent Director to its Board, effective December 1, 2025. His appointment is for a period of five years, subject to the approval of shareholders, HUL said in a statement. Parikh has decades of experience and is a strategic advisor to many large corporations and holds directorships in Infosys, Biocon and Indostar Capital, among others. He has guided Indian and multinational businesses through India's evolving policy landscape. He co-founded BMR Advisors, served as the CEO of Ernst & Young India, and held senior leadership roles, including serving as the country managing partner at Arthur Andersen. HUL Non-Executive Chairman Nitin Paranjpe said: "We are delighted to welcome Bobby to the HUL Board as an Independent Director. His experience, combined with expertise in financial strategy and regulatory frameworks, has helped ...

Hindustan Unilever's consolidated net profit rises 4% to Rs 2,694 crore in Q2 FY26, while underlying volume growth remained flat due to GST changes and prolonged monsoon

Hindustan Unilever said on Friday that the tax reforms led to a temporary hit to sales in September

Technical charts show that FMCG shares - ITC, HUL, Nestle India, Colgate-Palmolive and Marico were trading near key support levels; a downside breakout can trigger a fall up to 13% from here.

Unilever has confirmed Srinivas Phatak as CFO and member of its board and leadership executive after a six-month acting tenure, citing his industry expertise and strong performance

Unilever CEO Fernando Fernandez said India and the US will get disproportionate investments with focus on beauty, wellbeing and personal care under HUL's new leadership

While the Indian unit of Unilever Plc posted a forecast-beating quarterly profit last week, Nair, who took over the CEO role on Aug 1, has her task cut out in sustaining this momentum

FMCG major says investments in its brands helped clock sales growth of 5%

Hindustan Unilever introduces iSight app exclusively in India, enabling employees to share real-time feedback on products, market trends and competitors to strengthen brand strategies

HUL Q4 FY25 result: The company's board approved a final dividend of ₹24 per share, taking the full year payout to shareholders to ₹53 per share

The Nifty 50 index has shed nearly 13% in the last five straight months, its longest losing streak since November 1996; equalling its second-worst ever in the 30-year history.

The Rs 2,715-crore acquisition of premium beauty brand Minimalist from a company founded four years ago is "a great example of making" Hindustan Unilever Ltd's portfolio future fit and it shows the startup ecosystem in India definitely has a strong future ahead, according to its CEO and Managing Director Rohit Jawa. Hindustan Unilever Ltd on Wednesday announced that it has signed and executed share purchase and subscription agreement for acquisition of 90.5 per cent of shareholding of Uprising Science Pvt Ltd -- the firm behind Minimalist -- comprising secondary buyout for a cash consideration of Rs 2,670 crore at a pre-money enterprise valuation of Rs 2,955 crore. The company will also make a primary infusion of Rs 45 crore with an eventual acquisition of the remaining 9.5 per cent of Uprising's shareholding, HUL said in a regulatory filing. Addressing an earnings call, Jawa said despite the slowdown in FMCG market, which is transitory in nature, the company is preparing for future

Unilever said earlier this year it would axe 7,500 jobs globally as part of a restructuring to save about 800 million euros

On October 22, foreign institutional investors continued their selling spree, offloading shares worth Rs 3,978.61 crore, while domestic institutional investors bought shares totaling Rs 5,869.06 crore

Analysts said HUL is already at a 52-week high and has seen a sharp up move in the past two months. Thus, they believe that some profit booking in the near term is possible.

The premium portfolio growth across categories was healthy, but the mass portfolio was weak

Stock market Update on Wednesday, April 24: Strong global cues, HUL and Axis Bank Q4 results and monthly F&O expiry in focus today.

India's personal-care sector is estimated to become a $33 billion market by 2027 from $20 billion in 2022, according to Redseer Management Consulting Pvt

Competitive intensity to remain high, say brokerages as they take a cautious view

Leading FMCG maker Hindustan Unilever Ltd on Monday said it has received Goods and Services Tax demands and penalties totalling Rs 447.5 crore from the authorities. In a regulatory filing, HUL -- which owns brands such as Lux, Lifebuoy, Surf Excel, Rin, Pond's and Dove -- said these "orders are currently appealable" and it will make an assessment. The company received a total of five orders passed from different zones of GST officials over issues such as disallowance of GST credit, salaries including allowances paid to expats etc on Friday and Saturday last week. "The Orders were received by the company on 30th December, 2023 and 31st December, 2023, respectively and the intimation is being submitted today i.e. 1st January, 2024, being the first working day after receipt of the Orders," said HUL. This includes the demand for tax "on salaries including allowances paid to expats amounting to Rs 372.82 crore and penalty amounting to Rs 39.90 crore" from the Joint Commissioner, CGST an