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Sunday, January 17, 2021

Hindustan Unilever

HINDUSTAN UNILEVER NEWS

HUL Q2 net profit rises 9%; operations, services back to pre-Covid levels

October 21, 2020 12:43 am

HUL chairman and MD Sanjiv Mehta said operations and service levels are now back to pre-Covid levels. Total income increased 15.56 per cent to Rs 11,593 crore as against Rs 10,032 crore a year ago.

HUL Q2 net up 8.6% at Rs 1,974 crore; net sales up 15.9% at Rs 11,510 crore

October 20, 2020 3:27 pm

Its sales during the quarter under review stood at Rs 11,510 crore, up 15.89 per cent compared to Rs 9,931 crore in the corresponding period a year ago, Hindustan Unilever Ltd (HUL) said in a regulatory filing.

HUL CMD: Govt should step in if demand doesn’t pick up

July 01, 2020 2:37 am

The Centre’s efforts in providing relief to the vulnerable and MSMEs, structural reforms in the agricultural sector, and increased FDI limits in defence will have a trickle-down effect on demand, he said while addressing the HUL AGM.

Explained: Why US corporates like Unilever and Verizon are pulling ads from Facebook

June 30, 2020 9:04 am

Facebook’s recent policy tweaks did little to suppress the growing revolt among advertisers worldwide, who have criticised the company for allegedly failing to contain the rampant spread of hate speech and misinformation.

Facebook ad boycott sinks stock, raises pressure on Zuckerberg

June 27, 2020 1:09 pm

Unilever, one of the world’s largest advertisers, said it would stop spending money with Facebook’s properties this year.

GSK offloads stake in Hindustan Unilever for over Rs 25,000 crore

May 08, 2020 12:50 am

The GSK sale, at an average price of Rs 1,905 per share, is the largest secondary market trade on Indian stock exchanges.

Hindustan Unilever shares gain nearly 3% after board gives nod for new unit

February 25, 2020 1:11 pm

FMCG major Hindustan Unilever (HUL) on Monday announced its plans to set up a new subsidiary, which would be primarily engaged in manufacturing activities.

HUL Q2 standalone net profit rises 21.18 per cent

October 15, 2019 6:39 am

Chairman and managing director Sanjiv Mehta said “the near-term outlook for demand, especially in rural India, remains challenging”

Hindustan Unilever gets 2 new Executive Directors

May 06, 2019 3:08 am

Both Anuradha and Sanzgiri will join HUL’s Management Committee with effect from June 1, 2019.

Hindustan Unilever asked to pay Rs 383 crore for profiteering under GST

December 25, 2018 6:55 am

The complaint before the National Anti-Profiteering Authority stated that although the GST rate on a large number of products was cut from 28 per cent to 18 per cent, HUL had not reduced the maximum retail price (MRP) of its products.