Sebi, in its October 2017 report on corporate governance, said listed firms should have a different person heading the management and another in place as chairman of the board
At the fundamental level, analysts say the government's move to slash corporation tax rate from 35 per cent to 25.2 per cent (including surcharge) augurs well for India Inc
Negotiating all-cash deal at Rs 1,000 crore, which is two times its FY19 sales
The haircare brand, acquired for Rs 330 crore, fetches HUL around Rs 400 cr of revenue annually
The m-cap of Hindustan Unilever Limited (HUL) zoomed Rs 22,145.92 crore to Rs 3,98,290.92 crore and that of HDFC Bank jumped Rs 18,264.93 crore to Rs 6,23,892.08 crore
The firm is also ramping up technology on the factory floor by reducing service lead time through an integrated sales and operation planning programme
Wages have also not grown significantly, HUL Chairman and Managing Director Sanjiv Mehta tells Business Standard
The January-March quarter did not turn out to be as disappointing as was anticipated, but near-term challenges on the volume front remain a concern for Hindustan Unilever
HUL had reported a profit of Rs 1,351 crore in the same quarter of the previous year.
The largest advertiser stumbled onto a social media minefield over its recent campaigns.
Paranjpe will be the second-in-command after current CEO Alan Jope, responsible for all of Unilever's go-to-market activities, apart driving growth across countries
This is the second instance in three months where HUL, also the country's largest advertiser, has courted controversy over its commercial
At an overall level, about 28% of the FMCG market is premium. Our aim would be to help consumers trade up, says HUL's Chairman and Managing Director Sanjiv Mehta
Net profit growth was the slowest in over a year at 8.9 per cent to Rs 1,444 crore, as the company had a higher tax outgo of Rs 510 crore for the quarter versus Rs 297 crore in the year-ago period
The only option that seems to be available for HUL is to challenge this order through a writ petition before an appropriate high court
The authority also directed HUL to reduce the prices of its products by way of commensurate reduction keeping in view the reduced rates of tax and the benefit of ITC
HUL beat analysts' estimates on volume growth substantially, reporting a 10 per cent number for September quarter
The need of the hour would be to be agile and responsive, says Mehta
These are provisional deposits, and the anti-profiteering watchdog will arrive at the final amount after examining each case
HUL delivered another strong quarter but that is somewhat par for the course now, considering its recent results delivery plus the stock's heady valuation