Unilever India

Shares of Hindustan Unilever (HUL) fell as much as 4.3% on Friday, as a deal to pay its UK parent higher royalty fees took the shine off a bigger-than-expected rise in quarterly profit

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

Unilever Plc recalled popular brands of aerosol dry shampoo, including Dove, after discovering they were contaminated with a chemical called benzene that can cause cancer

While reporting a 4.5% fall in second-quarter profit and higher expenses, Nestle India said on July 28 it could see softening of prices in such commodities as edible oil and packaging materials.

The opening day of the biggest telecom auction in the country ended with top telecom firms buying spectrum worth more than Rs 1.45 trillion across frequency bands including 5G

"Of our three priority markets, the USA and India again grew strongly, while sales in China were affected by the lockdowns in the second quarter," said Unilever CEO Alan Jope.

Priority markets of China, India, and the US grew at 14.3 per cent, 13.4 per cent, and 3.7 per cent respectively, said Unilever CEO Alan Jope

Consumer goods company plans a new organisation model that will reduce senior management roles by around 15%

The trusted middlemen that brands have traditionally relied on to reach millions of small neighborhood stores in 8,000 towns and 660,000 villages are in revolt

The fund will invest in projects including reforestation, water preservation and carbon sequestration over the next ten years

Unilever must take some of the blame for its own predicament. Its rival Nestle SA has managed steady sales growth, while pulling off some canny acquisitions and disposals

For the first half of the 2018, Unilever's numbers mirrored the trend seen in the second quarter, with sales growth coming in at 2.7 per cent