Hindustan Unilever

The price of Surf Excel Matic (liquid) has been cut to Rs 199 from Rs 220 for a one-litre pack

During Mehta's tenure in HUL, the share of women in the management has gone up to 45 per cent, from under 20 per cent earlier

What do we need more of: Leaders who dominate global institutions or local leaders with a 'Make-in- India' mindset?

Its strategy follows the success parent Unilever had in the US in this segment, which it entered in 2017 through acquisitions alone

Dwells on the MNC's milestone achievements across the globe as he hands over the mantle of MD & CEO to Rohit Jawa

With a total sales of Rs 8,200 crore in 2022, Surf Excel also became HUL's first brand to reach the milestone

'Mom-and-pop stores will remain the most dominant channel even after a decade, and in a highly digitised form'

The expansion comes as Dabur faces intensifying competition from deep-pocketed rivals - including global consumer titan Unilever Plc - which are swooping in on upstart Indian brands

The combined valuation of six of the 10 most valued firms eroded by Rs 49,231.44 crore last week, with FMCG major Hindustan Unilever taking the biggest hit. Last week, the 30-share BSE Sensex declined 159.18 points or 0.26 per cent. While Bharti Airtel, ITC, ICICI Bank and HDFC twins were the other laggards from the top-10 pack, TCS, SBI, Reliance Industries and Infosys posted gains. However, the combined market valuation gain of the four firms at Rs 35,840.35 crore was less than the total loss suffered by the six companies. The market valuation of Hindustan Unilever plummeted by Rs 15,918.48 crore to reach Rs 6,05,759.87 crore. The market capitalisation (mcap) of Bharti Airtel tanked by Rs 12,540.63 crore to Rs 4,29,474.82 crore and that of ITC plunged by Rs 11,420.89 crore to Rs 4,60,932.38 crore. ICICI Bank lost Rs 6,863.37 crore to stand at Rs 5,95,885.63 crore. The mcap of HDFC Bank dipped by Rs 1,255 crore to Rs 9,23,933.45 crore and that of HDFC fell Rs 1,233.07 crore to

Jope said the company saw 15.6 per cent growth in the country during the quarter, during which price and volume were up 11.2% and 3.9%, respectively

Brokerages cut earnings given pressure on margins but see stock performing in long term

In their quarterly update, Godrej Consumer Products, Dabur, and Marico witnessed sluggish growth in the December quarter (Q3) driven by poor rural consumption and a slowdown after the festival season

Stocks to watch today: Jubilant Foodworks plans to open 3,000 Domino's stores - 250 stores for Domino's India in the next 12-18 months. It also plans to start 40-50 stores for Popeyes India

HUL said the new contract terms were subject to a detailed evaluation and due diligence led by its senior management and guided by its Audit Committee and Board

The company had posted a net profit of Rs 2,300 crore in the October-December quarter of the previous fiscal

CLOSING BELL: Broader markets, too, were subdued in trade as Nifty MidCap 100 and Nifty SmallCap 100 indices declined up to 0.4 per cent.

Higher advertising spends coupled with inflationary pressures, analysts said, are likely to squeeze EBITDA margins up to 154 basis points (bps) YoY to 23.9 per cent in Q3FY23

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"This step is in the right direction in embracing progressive corporate governance practices," HUL said in its statement

Experts believe advertisers trying to reverse gender roles in their brand communication walk a thin line in today's 24x7 digital age