Hindustan Unilever (HUL) will achieve 100% plastic waste collection this calendar year. This means the FMCG giant will collect and process more plastic packaging waste than what it uses. In the process, HUL will become the first FMCG company of a large scale to achieve plastic waste neutrality.
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Within a couple of hours of HUL announcing the new name for Fair & Lovely, its flagship skincare product, Emami issued a statement expressing shock over the decision to rename the men’s range as ‘Glow & Handsome’. Emami has termed HUL’s move as an “unfair business practice”. Emami director Mohan Goenka, who looks after the … Continue reading HUL’s ‘Glow & Lovely’ sparks brand row with Emami
Hindustan Unilever (HUL) has initiated discussions on possible alternatives to raw materials that the company imports from China. This was stated by HUL CMD Sanjiv Mehta in response to shareholders’ queries at the company’s 87th annual general meeting that was held virtually on Tuesday.
By deciding to drop the word “fair” from its leading fairness cream brand Fair & Lovely, Hindustan Unilever (HUL) has swiftly shifted the spotlight onto other players in the market.
In what could turn out to be the largest block deal in the Indian stock market, Horlicks and GlaxoSmithKline PTE together are set to sell nearly 13.4 crore shares of FMCG major Hindustan Unilever (HUL) on Thursday.
The combined market valuation of seven of the top-10 domestic firms rose by Rs 32,020.12 crore last week, with HDFC Bank and RIL emerging as the biggest gainers. TCS, HDFC, HUL, ICICI Bank and Kotak Mahindra Bank were the other bluechips which witnessed a rally in their market capitalisation (m-cap) for the week ended Friday, … Continue reading Seven of top-10 firms add Rs 32,020 crore in m-cap