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Related News for HINDUNILVR

Tata Consumer Products appoints Ashish Goenka as Group CFO

 01 Dec 03:05 PM

Tata Consumer Products Ltd has appointed Ashish Goenka as Group CFO, effective December 18, 2023. Currently serving as President & CFO at Jubilant Foodworks Ltd, Goenka brings over 20 years of finance experience in FMCG and telecom. He previously worked with Hindustan Unilever Ltd and Bharti Airtel, holding roles such as EVP & Group Finance Controller and CFO for Network Services.

Decision to increase royalty to 3.45 pc to parent Unilever after detailed evaluation: HUL Chairman

 26 Jun 07:29 PM

While addressing the shareholders in response to a question about the rationale of such an increase, Hindustan Unilever Ltd Chairman Nitin Paranjpe said the change was made "after plenty of due diligence and satisfying ourselves that we are getting adequate value for this payment that is royalty payment which is being made".

Crorepati club at HUL adds more members in FY23

 14 Jun 06:03 AM

Hindustan Unilever Ltd's (HUL) fiscal year 2023 salaries saw an increase in the number of executives earning over Rs 1 crore, with 205 managers compared to last year's 163. However, just a third of these executives were under the age of 40, reversing a decade-old trend when under-40s made up half of the crore club. Intense competition for talent from start-ups and direct-to-consumer firms are driving up the need for incentives to retain talent. HUL is known as a CEO factory and is keen to continue differentiating its rewards and careers to maintain and retain its top-tier talent.

HUL board approves hiking royalty to parent from 2.65 pc to 3.45 pc of turnover

 19 Jan 05:21 PM

New Delhi, Jan 19 (PTI) Hindustan Unilever Ltd on Thursday said its board had approved an increase in royalty and central services arrangement for the provision of technology, trademark licenses and services with the Unilever group.

HUL Q1 profit jumps 11%, revenue climbs 19%

 20 Jul 06:51 AM

Hindustan Unilever Ltd on Tuesday posted a higher net profit and revenue for the fiscal first quarter but warned that price hikes continued to squeeze household expenses and impact demand for consumer goods. HUL, India's largest fast-moving consumer goods company, posted an 11% increase in net profit at 2,289 crore in the quarter ended June 30.

Hindustan Unilever surges over 2% strong Q3 numbers

 21 Jan 11:51 AM

On Thursday, Hindustan Unilever Ltd reported an 18.68 per cent increase in consolidated net profit to Rs 2,300 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 1,938 crore in the October-December period of the previous fiscal.

Buy Hindustan Unilever Ltd; target of Rs 3185: Sharekhan

 20 Oct 01:08 PM

Sharekhan is bullish on Hindustan Unilever Ltd has recommended buy rating on the stock with a target price of Rs 3185 in its research report dated October 20, 2021.

Market valuation of nine out of top 10 firms tanks Rs 1.33 lakh cr

 25 Apr 10:30 AM

Hindustan Unilever Ltd was the biggest loser with its market cap plunging by Rs 34,914.58 crore to reach Rs 5,42,292 crore at close on Friday. Tata Consultancy Services lost 30,887.07 crore in valuation to Rs 11,50,331 crore.

Retailers Association of India appoints Bijou Kurien as Chairman

 06 Oct 12:40 PM

Bijou Kurien is a veteran of Indian retail industry with over 35 years of experience, having worked with the likes of Hindustan Unilever Ltd and Titan Industries, where he helped build brands in the Watch and Jewellery Industry like Titan, Fastrack, Sonata, Tanishq etc.