Tag Archives: HUL

How HUL CEO Sanjiv Mehta is taking forward the process of embracing the market

A year into his tenure as CEO of Hindustan Unilever, Sanjiv Mehta has made his most significant move yet. Convinced new consumers can be found in heaps in the mosaic that is the Indian market, Mehta is giving his managers … Continue reading

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HUL to withdraw ‘Knorr’ Chinese instant noodles; product not yet approved by FSSAI

MUMBAI: Hindustan Unilever has decided to stop production and sale of its Chinese range of instant noodles brand Knorr until Food Safety and Standards Authority of India (FSSAI) approves its recent application. HUL had submitted an application with FSSAI for … Continue reading

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Hindustan Unilever to sell Modern Bakery as part of its strategy to exit non-core businesses

MUMBAI: Hindustan Unilever will sell its bread and bakery business under the Modern brand to Nimman Foods Private Ltd, a company backed by the Everstone Group, for an undisclosed amount, as part of its strategy to exit non-core businesses. The … Continue reading

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Food companies like Hindustan Unilever, PepsiCo cut calorie counts to serve health-conscious buyers

NEW DELHI: Food giants are limiting portion sizes to reduce the number of calories they serve to increasingly health-conscious Indian consumers. Following a global policy by Unilever, its Indian unit Hindustan Unilever has reduced the calories in ice-creams. It wants … Continue reading

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Nissin Foods to serve up Future Group’s tasty treats at kiranas

MUMBAI: Future Group, the pioneer of organised retailing in India, has found the right ingredients in the inventor of Asian snack-food staples to serve up a tasty treat beyond its bailiwick – at street-corner groceries across the country. Future Consumer … Continue reading

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HUL to buy back shares worth Rs 630 crore

NEW DELHI: FMCG major Hindustan Unilever (HUL) today said its board has approved buying back shares worth Rs 630 crore from the market at a price of Rs 280 per share, to utilise its surplus cash. “The company proposes to … Continue reading

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HUL’s Project ‘perfect stores’ to perfect user connect via stores

MUMBAI: Nearly 4,000 staff of Hindustan Unilever , or HUL, including its chief executive officer Nitin Paranjpe, will this week dust the dirty shelves at your neighbourhood kirana shop and arrange soaps and shampoos in order to boost sales to … Continue reading

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For FMCG companies, volume growth dominated in March Qtr

For fast-moving consumer goods, or FMCG, companies, volume growth has been the dominant theme during the quarter to March 31. After a modest performance in the December quarter, when volumes grew rather too slowly, most companies have taken measures in … Continue reading

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Budget 2013: FMCG companies like HUL, Dabur & others seek consumption dose, rollout of GST

KOLKATA: While there are rarely any direct announcements in the Budget for the FMCG industry, the companies are expecting measures which could boost consumption such as reduce inflation and improve the rural economy. The industry also feels implementation of GST … Continue reading

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Slowdown in two-wheeler sales may spell bad news for FMCG firms like HUL: Goldman Sachs

MUMBAI: The slowdown in the sales of motorcycles and scooters could spell bad news for India’s consumer good companies, notably top player Hindustan Unilever, says a Goldman Sachs research report that has spotted a strong co-relation between the two sectors. … Continue reading

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