According to the new MD, the naturals market, which witnessed strong growth from 2016 to 2019, has started to plateau
Corporate leaders aggressively pursue shareholder wealth creation. But companies that put more emphasis on profit are, in fact, less profitable
HUL is currently present at the mass end in supplement and wellness space through Horlicks. OZiva & Wellbeing Nutrition acquisitions will help grow presence in the premium segment
CLOSING BELL: Sectorally, defensive indices like the Nifty FMCG and Pharma held gains as they rose 0.8 per cent and 0.4 per cent
The company will be buying a majority stake in Zywie Ventures, promoter of brand OZiva, for Rs 264.28 crore and up to 20 per cent stake in Nutritionalab for Rs 70 crore.
To acquire majority stake in OZiva maker, 19.8% in Nutritionalab
Firms using data, sensitising managers to help employees as experts say more awareness, acceptability needed
A majority stake for Rs 6K-7K cr to allow TCPL's expansion in beverage space
HUL also has different formulations of Surf Excel for different parts of the country as the water differs across regions
In 2018, HUL had announced that GSK Consumer Healthcare will merge with HUL in an all-stock deal
A portfolio of richly valued RoE stocks is expected to outperform the broader market over the longer term.
With this, Reliance Retail will directly compete with Hindustan Unilever's Lakme and other brands like Geetanjali
The frequency with which distributors procure stocks from companies has reduced
The consumption weakness is due to the impact of inflation, particularly in rural areas, he said
The company's cost savings programme and tweaking of marketing spends would help it maintain higher operating margins, analysts said
Net profit rises 22.2% on 16.1% increase in revenue
Existing notification bars blending imported tea with GI-tagged Indian varieties; Sources said commerce ministry left it to the Board to take a reasoned call on modification
Growth in volumes in the recent past was affected due to a significant surge in product prices
Banking regulator flags conflict of interest concern
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