Magnum HoldCo To Acquire 61.9% Of Kwality Wall’s India
On 22 January 2025, Hindustan Unilever informed that it would demerge its ice cream business into an independent entity, Kwality Wall’s (India)
Companies
Consumer
Health & Beauty
Sunscreen Ad War: HUL Agrees To Withdraw Lakme’s Ad, Republish After Changes
- by BW Retail World Bureau
- April 18, 2025
Hindustan Unilever will be changing the colour of the product that was displayed in the ad from orange to yellow, the reports state
Companies
Economy
FMCG
Hindustan Unilever Secures CCI’s Nod To Acquire Minimalist
- by BW Retail World Bureau
- March 19, 2025
The acquisition is aimed at strengthening the company’s beauty and wellbeing portfolio towards evolving and higher growth demand spaces
Brands
Companies
FMCG
Food/Entertainment
People
HUL Constitutes Independent Directors’ Panel To Evaluate Ice Cream Business
- by BW Retail World Bureau
- September 9, 2024
Earlier, Unilever PLC notifies about its intention to separate its global ice cream business across jurisdictions
Brands
Companies
News
People
Unilever’s Nitin Paranjpe To Retire In Mid-2024, Remains HUL Chair
- by BW Retail World Bureau
- February 10, 2024
Unilever said on Thursday that Nitin Paranjpe, its chief people and transformation officer, will retire in mid-2024, about 37 years after joining the consumer giant as a management trainee. “I am very grateful to Nitin for everything he has done in the company. By the way, he will continue as the chair of Hindustan Unilever […]
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Companies
News
People
Unilever’s Sandeep Kohli To Take Over Aditya Birla’s Jewellery Venture As CEO
- by Noor Warsia
- January 29, 2024
After a three-decade stint with Unilever in various markets, senior business leader Sandeep Kohli is set to come back to India to take up the role of CEO and Aditya Birla Group’s much-talked about jewellery venture, Novel Jewels, as its CEO Aditya Birla Group (ABG) has taken significant steps in upping its focus on the […]
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Companies
Feature
Finance
FMCG
News
HUL Q3 Preview: Urban Sector Drives Growth, Rural Demand To Be Quiet
- by Amisha Sharma
- January 19, 2024
Hindustan Unilever (HUL) is expected to have a stable performance in Q3FY24 results, with market volumes recovering to mid-single digit level compared to their base period figures due to continued market share. The company showed a decent performance in Q2FY24 with topline and volumes improving, although it missed targets due to unseasonal rains and delayed […]
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Companies
Finance
FMCG
News
Dabur Q3FY24 Expects 7% Revenue Growth, Badshah Masala Leads Charge
- by BW Retail World Bureau
- January 8, 2024
Dabur, a major player in fast-moving consumer goods, encountered challenges in the third quarter of the current financial year, with projections indicating potential impacts due to a weaker winter, as per insights from Emkay, a brokerage firm. Despite these challenges, expectations point to approximately 7 per cent growth in consolidated revenue and a 9 per […]
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Companies
FMCG
News
FMCG Sector Forecasts Mid Single-Digit Volume Growth In Q3, Margin Expansion Expected
- by BW Retail World Bureau
- January 6, 2024
Analysts anticipate a sluggish revenue growth in the third quarter of FY24 for the fast-moving consumer goods (FMCG) sector due to subdued volumes, despite the favorable impact of lower raw material prices on gross margins. The persisting demand challenges have led to restrained volume growth across FMCG products. Rural volumes lag behind urban figures, impacted […]
Brands
Companies
Finance
FMCG
News
HUL Hit With Rs 447.5 Cr GST Demand Over Expat Salaries, Credits
- by BW Retail World Bureau
- January 3, 2024
Hindustan Unilever, the FMCG manufacturer has announced that it has received Goods and Services Tax (GST) demands and penalties totalling Rs 447.5 crore from the authorities. The company has received a total of five orders passed from different zones of GST officials over issues such as disallowance of GST credit, salaries including allowances paid to […]