Hindustan Unilever
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Beyond Unilever's cosmetic renaming of Fair & Lovely, brand must redress years of profiting off India's dark skin stigma
Anuradha Sengupta •Let’s seize the opportunity to get Fair & Lovely to repair the damage it has caused, writes Anuradha SenGupta
Hindustan Unilever drops 'Fair' from 'Fair & Lovely' to make brand more inclusive
Fp Staff •Consumer brand Hindustan Unilever announced Thursday that it's dropping the word 'Fair' from its popular fairness cream brand 'Fair & Lovely' to achieve a "more inclusive vision of beauty", reports said.
GSK exits HUL, offloads 5.7% stake for Rs 25,480 cr in largest block trade ever carried out in Indian equity market
•On 1 April 2020, GSK had announced the completion of its divestment of its popular healthcare drink brand Horlicks and other consumer healthcare nutrition products in India to Unilever.
Hindustan Unilever shares drop over 5% after company reports 4% decline in net profit in Q4
•Shares of Hindustan Unilever on Monday fell 5.5 percent after it reported a 3.93 percent decline in consolidated profit for the fourth quarter due to coronavirus crisis from mid-March
Hit by coronavirus pandemic, HUL Q4 net profit down 3.9% at Rs 1,512 cr; sales decline 9.6% to Rs 9,055 cr
•FMCG major Hindustan Unilever on Thursday reported 3.93 percent decline in consolidated net profit to Rs 1,512 crore for the fourth quarter ended 31 March, impacted by COVID-19 pandemic
Unilever withdraws growth outlook; says India business impacted by slowing market, coronavirus-forced lockdown
•Unilever witnessed a major impact on the businesses in China and India, two of its major markets where restrictions were imposed by the respective governments to contain the spread of COVID-19.
Coronavirus Lockdown: Employees facing movement restrictions, plants not operating at full capacity, says HUL
•FMCG major Hindustan Unilever Limited (HUL) on Tuesday said its factories, though operational, are unable to operate at full capacity as its employees continue to face restriction in movement from local authorities in various states amid coronavirus-induced nationwide lockdown
HUL acquires Horlicks for Rs 3,045 cr; announces completion of GSK Consumer Healthcare merger with itself
•FMCG major Hindustan Unilever on Wednesday announced the completion of GlaxoSmithKline Consumer Healthcare Ltd's merger (GSKCH) with itself
Sensex, Nifty rebound; govt measures to aid coronavirus-hit economy, lend much-needed boost to markets
Fp Staff •Infosys, Adani Ports, Britannia Industries, Bajaj Finance and HUL were among major gainers on the Nifty.
HUL board to meet on 1 April to declare merger with GSKCH; stock down 1.27%
•Under the deal, Unilever's Indian arm, HUL is acquiring GSKCH India via an all-equity merger, valuing the total business of the latter at Rs 31,700 crore.