Hindustan Uniliver Ltd

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

To acquire majority stake in OZiva maker, 19.8% in Nutritionalab

The Nifty FMCG index hit a fresh all-time high on Thursday even as the key benchmark indices wilted under selling pressure, tracking losses in global markets.

With commodity prices deflating from their March peak levels, analysts expect the margin profile across consumer goods companies to improve going ahead.

Stocks to Watch Today: CEAT, Havells, IndusInd Bank, Mastek, OFSS, RIIL, Syngene International, Tata Communications and Wirpo to announce Q1 results on Wednesday.

In the last fiscal, FY22, the number of such executives rose by 33 per cent, 44 per cent and 113 per cent in HUL, ITC and USL, respectively

Country going through probably the most difficult economic situation, says chairman

Tata group will likely face stiff competition in the sector from existing global giants such as Unilever, as well as Indian tycoon Mukesh Ambani's Reliance Industries Ltd

Companies have moved toward lighter loads in their cheapest packages amid rising costs of edible oils, grains and fuel

In Q4FY22, the country's largest FMCG major saw net profit climb by 5.4 per cent year-on-year (YoY) to Rs 2,304 crore, compared to Rs 2,186 crore from a year-ago period.

Asian Paints, Bajaj Finserv, Bajaj Holdings, Biocon, Century Textiles, Havells India, Hindustan Unilever, Bank of Maharashtra, MphasiS, Persistent Systems and Shoppers Stop to announce results today.

If these reforms were implemented appropriately, Mehta noted that rural areas could continue growing over the long term.

HUL has 7,082 permanent employees on the rolls of the company as on 31st March, 2020 and the percentage increase in the median remuneration of employees for the financial year was 4.26 per cent

Nifty has never been able to close above its 5-day EMA since February 19, 2020

FMCG major HUL on Friday announced the appointment of Prabha Narasimhan as Executive Director of its Home Care segment as part of a top level reshuffle within the organisation. Narasimhan would replace Priya Nair, currently Executive Director - Home Care who moved as Executive Director - Beauty and Personal Care, the FMCG major said in a statement. Nair will take over from Sandeep Kohli, who will relocate to Dubai as VP Beauty & Personal Care for our North Africa, Middle East, Turkey and Russia markets, it added "Priya Nair will continue to be a member of the HUL Management Committee and Prabha Narasimhan will join the Management Committee effective February 1, 2020," said HUL. Nair, who had joined HUL in 1995, had a career spanning of almost 25 years. While Narasimhan had joined the company in 1999, and has a career spanning two decades, she has worked across businesses and geographies. In her most recent role, Narasimhan has been leading the skin and colour cosmetics business

One set to be largest arm by FY27, the other slower in contrast

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On NSE, it fell by 2.35% to Rs 842.10