HUL said Lakme follows in-vivo SPF testing, a globally recognised method, and has done so since 2015
FMCG major HUL on Thursday said its independent director Leo Puri has resigned due to an increase in his board commitments including his proposed appointment on the board of a global entity. Puri's resignation will be effective from June 30, 2025, according to a regulatory filing from HUL. Leo Puri has tendered his resignation "due to an increase in his board commitments including his proposed appointment on the board of a global entity and the overboarding criteria for Independent Directors as prescribed under the European Corporate Governance requirements," it said. Consequent to his resignation from the Board, he shall also cease to be the Chairperson of the Risk Management Committee, ESG Committee and Independent Committee and a Member of the Audit Committee of the company, said HUL. Besides HUL, Puri is also on the board of pharma major Dr Reddy's Laboratories and Fortis Healthcare as an independent director. He is also the Chairperson of Fortis Healthcare. Puri was appointe
Bajaj Finance hit a new high of Rs 8,736, up 3% on the BSE in Thursday's intra-day trade, surpassing its previous high of Rs 8,655.20 touched on February 6, 2025.
Stocks to watch on January 23, 2025: HUL signed an agreement to acquire a 90.5 per cent stake in Minimalist through secondary buyouts at a pre-money enterprise value of Rs 2,955 crore
Announces acquisition of beauty brand Minimalist, and demerger of ice-cream business
HUL will acquire the remaining 9.5 per cent stake from the founders within two years, as per terms outlined in the transaction documents
Hindustan Unilever Q3FY25 results: Consolidated revenue rose moderately by 1.9 per cent at Rs 15,559 for Q3FY25, from Rs 15,259 crore
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FMCG major HUL is enhancing its distribution model by directly supplying kirana stores, aiming to cut delivery times and ease credit constraints, thereby improving service and supply efficiency
Stocks to buy today: Jigar S Patel of Anand Rathi suggests initiating long positions in HDFC Bank share price in the 1,850-1,875 range, with an upside target of 2,050
Mittal currently serves as global general counsel at Dr Reddy's Laboratories, managing legal, ethics, compliance, and data privacy risks for the company
Godrej Consumer believes that due to an increase in soap prices, unseasonal rainfall, and slowdown in sales of its home insecticides (HI) segment a 'flattish' underlying volume growth
As FMCG shares led by Godrej Consumer fell up to 11% on Monday post the volume growth concern; the Nifty FMCG index slipped below its 20-DMA after a two-week struggle; chart hints at further 4.5% dip.
ITC Agri Business Division is encouraging the cultivation of medicinal and aromatic plants to expand the conglomerate's presence in the fast-growing health and wellness products market in the food, personal care and other categories. The agri-division of ITC is working with farmers and helping them to diversify their crops by encouraging them to cultivate high-demand crops like Ashwagandha, Tulsi, and Kalonji in Madhya Pradesh and turmeric in southern states. Through this initiative, ITC looks to meet its requirements by chasing its FMCG ambitions and also leverages the B2B nutraceuticals space, bridging the demand-supply gap in the market, which has evolved rapidly after the pandemic. "As a part of the ITC Next strategy, the company's Agri-Business Division has pivoted its strategic focus towards rapidly scaling up its value-added Agri Products (VAAP) portfolio to accelerate growth and competitiveness. In line with the larger ITC NextGen Agriculture vision, we are focusing on ...
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For the purpose of the proposed demerger, the board has also approved the incorporation of a wholly owned subsidiary
Unilever said earlier this year it would axe 7,500 jobs globally as part of a restructuring to save about 800 million euros
Higher inflation and lower purchasing by consumers, it seems, has taken a bite out of consumption-related stocks at the bourses, with most counters losing ground in the last few months
Hindustan Unilever (HUL) reported a net profit of Rs 2,591 crore as compared to Rs 2,668 crore which translates to a decline of 2.8 per cent