Page 22 - Hindustan Unilever

Street positive in Hindustan Unilever's ability to scale up VWash

Strong distribution network and company's cost efficiency would help increase sales of the acquired high-margin portfolio

HUL zooms 10% after announcing acquisition of Vwash from Glenmark

Glenmark will manufacture VWash for HUL over the next one year after which the production arrangement would be reviewed

Top 10 biz headlines: Covid-19 fears, slow hiring at IT firms, and more

Business Standard brings to you top ten business headlines for the day.

Hindustan Unilever sets aside Rs 100 crore to fight Covid-19 in India

The company was reducing the price of Lifebuoy hand sanitisers and hand wash, apart from Domex floor cleaners by 15 per cent

Market Wrap, March 20: Sensex jumps 1,628 pts, Nifty ends at 8,745

HDFC Bank slipped over 1 per cent to Rs 882 after global brokerage house Bernstein downgraded the stock to 'unerperform' and sharply slashed the target price to Rs 750 from Rs 1,400 earlier

Deregulate large-scale philanthropy

The purpose and performance of these companies do not demonstrate that any one class, on a secular basis, is superior or inferior in these respects.

HUL board approves formation of a new subsidiary for manufacturing

The new subsidiary aims at taking advantage of 15% corporation tax

Hindustan Unilever gains 2% as board approves formation of a new subsidiary

The company is setting aside Rs 500-800 crore for investment in new plants under the subsidiary

From SME to MNC

The transformation of Conzerv offers important lessons on scaling up

HUL, Jio team up for a branded play as focus shifts to rural consumers

A slowing economy pushes the two to come together to develop a joint engagement platform for rural consumers

Today's picks: YES Bank to Eicher Motors, hot stocks to watch on Thursday

For YES Bank, keep a stop at 36 and go short

HUL braves slowdown, premium valuation to sustain on Street's thumbs up

Revised target price indicates upside of 7-10% from current level

Budget 2020: Hoping for measures to spur demand, says HUL's Sanjiv Mehta

The mid-to-long-term growth story remains intact for the market. Yes, the short term is a challenge, says Mehta

HUL reports 12.95% rise in consolidated net profit at Rs 1,631 cr

The company had posted a net profit of Rs 1,444 crore in the October-December period of the previous fiscal

Market Wrap, Jan 31: Sensex tanks 190 pts, Nifty below 12K ahead of Budget

State Bank of India posted a 41 per cent year-on-year growth in the standalone net profit at Rs 5,583 crore - its highest ever quarterly net profit-- for the December quarter of FY20

HUL reports 11.9% jump in Q3 consolidated net profit at Rs 1,616 cr

Sales of products in the December quarter came in at Rs 96.96 crore

No India impact as Unilever plans to review tea business globally: Experts

The Indian tea portfolio includes brands such as Brooke Bond Red Label, 3 Roses, Taaza, Taj Mahal and Lipton green tea

After acquiring Ruchi Soya, Ramdev's Patanjali aims to beat HUL in sales

Haridwar-based group has given itself a 2-year target for doing so

Nestle's turnaround: Steps taken after Maggi crisis seem to be paying off

Shedding the tag of being a slow mover, in the past three years Nestle has followed an aggressive launch strategy

Hindustan Unilever stops Tata from patenting technology for water purifier

In 2012, Tata Chemicals was successful at the Intellectual Property Appellate Board (IPAB) in revoking one of HUL's patents related to water purifier