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Hindustan Unilever Limited Mumbai: Hindustan Unilever (HUL) on Wednesday said it will invest up to Rs 2,000 crore to expand manufacturing capacity in fast-growing premium categories across beauty & wellbeing and home care liquids. The investments will be spread over two years and cover multiple locations, the firm said. The proposed investment is in line…
MUMBAI: Kwality Wall’s India, which brought Magnum and Cornetto ice-creams to local households, is looking to expand in a market where there’s enough and more room to push ice-creams as an everyday snacking product.Ice cream consumption is getting a boost due to factors like rise of quick-commerce, increasing penetration of refrigerators in Indian homes, and…
MUMBAI: HUL has acquired the remaining 49% stake in D2C brand Oziva for Rs 824 crore, making it a wholly-owned subsidiary of the company. HUL bought an initial 51% majority stake in the brand in Dec 2022.Oziva, a plant-based, clean-label consumer wellness brand which focuses on spaces such as lifestyle protein and hair & beauty…
Leading FMCG makers Procter & Gamble, Emami and Hindustan Unilever Ltd (HUL) on Thursday announced sweeping price cuts across a wide range of products — from soaps and shampoos to toothpaste, coffee and baby diapers — to pass on the Goods and Services Tax (GST) rate cut benefits to consumers. The new price lists will…
The combined market valuation of eight of the 10 most valued domestic firms jumped Rs 1,69,506.83 crore last week, in line with an upbeat trend at Dalal Street. Bajaj Finance led the gainers, while Hindustan Unilever and LIC were the only laggards.During the week, the BSE benchmark surged 1,193.94 points or 1.47 per cent, boosting…
