Dabur has ‘war chest’ to buy companies, expand in rural India

By Ragini Saxena Dabur India Ltd., the household goods maker controlled by the billionaire Burman family, is willing to spend part of its about $500 million cash reserve to acquire companies and revive sales that grew at the slowest pace in two years. The company is exploring options in the health care, foods and personal … Read more Dabur has ‘war chest’ to buy companies, expand in rural India

View: Statisticians are not crooks. But their methodologies do need to change

By Swaminathan S Anklesaria Aiyar The government has junked the 2017-18 National Sample Survey Office (NSSO) consumption survey which, accordingly to a leaked report, showed total consumption declining by 3.7% between 2011-12 and 2017-18, and rural consumption falling 8%. Protests have erupted from Opposition parties and a group of 214 academics. On the other hand, … Read more View: Statisticians are not crooks. But their methodologies do need to change

Hindustan Unilever September Quarter Profit Rises 21%

Fast moving consumer goods (FMCG) major Hindustan Unilever on Monday reported a standalone net profit of Rs 1,848 crore for quarter ended September 30. That marked an increase of 21.18 per cent compared with the corresponding period a year ago. Hindustan Unilever’s revenue from sales rose 5.60 per cent to Rs 9,708 crore in the second quarter … Read more Hindustan Unilever September Quarter Profit Rises 21%

Toothpaste offers Patanjali some relief as it falters in herbal war

MUMBAI: Latest data on consumer goods show yoga guru Baba Ramdev’s Patanjali Ayurved has lost market shares in nearly all categories but toothpaste over the past year as rivals rolled out herbal brands after seeing a sharp consumer shift towards natural products. Patanjali’s market shares in key categories including detergents, hair care, soaps and noodles … Read more Toothpaste offers Patanjali some relief as it falters in herbal war

Compassionate capitalists: India Inc is putting purpose before profit

In May 27, billionaire banker Uday Kotak, one of India’s most respected business executives, tweeted the image of a water dispenser at one of his offices. It featured a stylish retro Kilner glass jar (for bonus fun fact, see the end of this article) with “Yorkshire Glassware, established 1898” embossed on it, alongside a stack … Read more Compassionate capitalists: India Inc is putting purpose before profit

Up in downturn: While the economic slowdown is taking root, manufacturing shows a different story

Sample gift boxes and wicker baskets are stacked in a corner of the conference room of Candor Foods’ offices in an industrial cluster of Navi Mumbai. The weeks leading up to Diwali in October will be the company’s busiest, as demand for its products – dried fruits and nuts – soars. In a 30,000-sq ft … Read more Up in downturn: While the economic slowdown is taking root, manufacturing shows a different story

Airtel, Jio plan HUL tie-up for new consumer connect

Indian telecom giants Bharti Airtel and Reliance Jio are in talks with Hindustan Unilever (HUL) for tie-ups to offer localised discounts on the latter’s home and personal care brands through neighbourhood stores, three persons familiar with the matter, said. Once finalised, the initiative could be a game changer for the two rival telcos as well … Read more Airtel, Jio plan HUL tie-up for new consumer connect

GSK Consumers Healthcare gets shareholders’ approval for merger with HUL

ET Retail

GSK Consumers Healthcare Ltd said Sunday that its shareholders approved its proposed merger with FMCG major HUL. The company has received 99.99 per cent votes in favour of the scheme of amalgamation among the company and Hindustan Unilever Ltd (HUL) in the National Company Law Tribunal-convened meeting of the equity shareholders on June 1, 2019. … Read more GSK Consumers Healthcare gets shareholders’ approval for merger with HUL

Patanjali eats into Colgate, HUL share in oral care space

MUMBAI: Colgate Palmolive and Hindustan Unilever lost share to the Baba Ramdev-led Patanjali in the oral care segment last year, despite Patanjali posting a drop in overall sales. Colgate’s overall share fell 210 basis points to 49.4% in year-to-March after key brands — Colgate Dental Cream, Active Salt and Cibaca — lost share, according to … Read more Patanjali eats into Colgate, HUL share in oral care space

#boycottSurfexcel: Detergent brand faces backlash for ad promoting Hindu-Muslim harmony

New Delhi: “Holi ke din dil khil jaate hain, rangon mein rang mil jaate hain, gile shikwe bhool ke doston, dushman bhi gale mil jaate hain (As the colours blend with each other, on the day of Holi everybody is happy. As the colours blend with each other, even enemies keep aside their differences and … Read more #boycottSurfexcel: Detergent brand faces backlash for ad promoting Hindu-Muslim harmony

BoycottHindustanUnilever Trends After Red Label Tea Ad Faces Criticism

Hindustan Unilever ad for Red Label Tea pushed the wrong buttons on Twitter.New Delhi: Consumer goods giant Hindustan Unilever faced a major backlash on social media on Thursday after posting an ad on Twitter with comments that many said were disparaging to the Kumbh Mela, a mass pilgrimage that sees the one of the largest gatherings … Read more BoycottHindustanUnilever Trends After Red Label Tea Ad Faces Criticism

Translate »