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.
Seven of top 10 most valued companies add Rs 1.76 lakh cr in m-cap; HDFC Bank emerges biggest gainer
HDFC rallied Rs 24,733.64 crore to Rs 2,87,407.32 crore.
Four of top 10 companies add Rs 1.12 lakh cr in market cap last week; Tata Consultancy Services tops the chart
The market valuation of Tata Consultancy Services zoomed Rs 47,148.71 crore to Rs 7,57,587.71 crore, the biggest rise among the top-10 firms.
Markets open on positive note: Sensex jumps 300 points, Nifty above 8,900; ITC, HDFC, HUL among top gainers
HDFC Bank Ltd and mortgage lender HDFC Ltd, up more than 1 percent each, were the two biggest boosts to the Nifty 50.
Markets end on flat note: Sensex erases early gains after a choppy session, Nifty slips; M&M top loser
Sensex ended marginally lower after a choppy session on Friday as investors weighed the fiscal impact of the government''s economic stimulus.
Sensex dropped over 400 points in opening session on Tuesday dragged by losses in index-heavyweights HDFC twins, Reliance Industries and ICICI Bank amid weak cues from global markets.
Sensex gave up all its early gains to end 81 points lower on Monday, dragged by losses in financial stocks as lenders beefing up provisions against COVID-19 risks stoked slippages worry.
Markets close on positive note: Sensex 199 points up, propelled by strong gains in RIL; rupee closes higher
Reliance Industries was the biggest contributor to the gains on the index, jumping over 3 percent after the company announced that US-based PE firm Vista Equity Partners will buy 2.32 percent stake in Jio Platforms for Rs 11,367 crore.
Markets open in green: Sensex rallies over 600 points in early trade, Nifty surges above 9,370; RIL jumps 2% after Vista deal
IndusInd Bank was the top gainer in the Sensex pack, soaring over 4 percent, followed by Kotak Bank, Hindustan Unilever and Axis Bank.
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.
Markets open on negative note: Sensex falls over 300 points, Nifty slips; HUL, Kotak Bank, ONGC among top losers
HUL was the top loser in the Sensex pack, dropping over 3 percent, followed by Kotak Bank, ONGC, Bharti Airtel, PowerGrid, Titan and Nestle.
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
Markets end week with gain of 7%: Sensex soars 997 points to end at 33,717, Nifty surges to 9,860; Tata Motors, ONGC major gainers
The NSE Nifty 50 index ended 3.2 percent higher at 9,859. The index was up 7.7 percent this week.
Sensex rallies over 900 points, Nifty reclaims 9,800 level; Glenmark shares jump 9% on reports of trials for potential COVID-19 drug
Shares of Glenmark Pharmaceuticals Ltd rose as much as 8.9 percent after the drugmaker said it got the Indian drug regulator’s nod to conduct clinical trials of antiviral drug favipiravir, seen as a potential treatment for COVID-19.
Sensex rallies 606 points to end at 32,720, Nifty surges 172 points to 9,553; all indices except pharma, FMCG in green
Extending its gains for the third session, equity benchmark Sensex rallied 606 points on Wednesday, buoyed by banking and IT stocks amid positive cues from global markets.
The US Fed's two-day meeting begins on 28 April and interest rate decision will be announced on 29 April 2020.
The market cap of Reliance Industries Ltd (RIL) zoomed Rs 1,21,904.63 crore to Rs 8,98,499.89 crore.
Markets close on buoyant note: Sensex jumps over 483 points, Nifty tops 9,300-mark; banks, IT, pharma stocks rally
The Sensex surged over 483 points on Thursday, tracking gains in IT and banking stocks as expectations of another stimulus package from the government enthused investor sentiment
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