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The Latest Breaking News from Hindustan Unilever

India Inc hikes prices, shrinks packs as Iran war squeezes margins

Indian businesses face mounting pressure from soaring oil, freight, and insurance costs. Companies are increasing prices and reducing product sizes to protect profits. Many are also cutting operational expenses like advertising and travel. Supply chains are being reconfigured to manage disruptions.

The Economic Times

Mcap of 7 of top-10 valued firms erodes by Rs 1.54 lakh cr; Reliance takes biggest hit

In a holiday-shortened last week, the BSE benchmark Sensex dropped 639.61 points, or 0.84 per cent, and the NSE Nifty declined 171.55 points, or 0.72 per cent.

The Economic Times

Mcap of 6 of top-10 most valued firms surges by Rs 74,111 cr; Reliance biggest winner

The combined market valuation of 6 of the top-10 most valued firms surged by Rs 74,111.57 crore last week, with Reliance Industries emerging as the biggest gainer.

The Economic Times

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From milk to ACs, everyday essentials getting costlier as war fuels inflation

Indian households face rising costs for daily essentials. Fuel and commodity price hikes are pushing up prices for milk, packaged foods, and restaurant meals. Companies like Voltas, Blue Star, Amul, Godrej Consumer Products, Marico, Hindustan Unilever, and Asian Paints have already increased prices. Higher gold import duty also makes jewellery…

The Economic Times

9 of top 10 valued firms lose Rs 3.12 lakh crore in m-cap; Reliance hardest hit

The valuation of Tata Consultancy Services (TCS) tanked Rs 47,415.04 crore to Rs 8,19,062.65 crore and that of Bajaj Finance dived Rs 27,892.28 crore to Rs 5,66,717.74 crore.

The Economic Times

India's monthly household basket may feel the heat of rising fuel costs

Consumer goods prices may rise soon. Higher fuel costs from the West Asia conflict will increase shipping and production expenses. Companies like Dabur India and Marico have already raised prices. Further increases are being considered by Nestlé India and Hindustan Unilever. This could affect consumer spending, especially in rural areas.

The Economic Times

New immunology study highlights importance of COVID vaccination of those who have already been exposed to the virus

Study finds COVISHIELD, COVAXIN vaccines enhance immune responses in those with pre-existing SARS-CoV-2 immunity, mitigating vaccine hesitancy. Researchers from St John’s Research Institute led multi-centric study; funded by Hindustan Unilever. Results suggest persistent anti-COVID-19 immunity up to one year post COVISHIELD vaccination.

The Hindu

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Sensex, Nifty crash on earning disappointments, global cues

NEW DELHI: Dragged by IT stocks and weak quarterly results, the BSE benchmark sensex on Friday crashed by over 800 points to end at 66,684.

The Times of India

These four GenNext winners to showcase at Lakme Fashion Week

INIFD presents GenNext, one of the most coveted talent discovery programs today announced four up-and-coming designers as the winners who will be showcasing their collections at the Lakmé Fashion Week in partnership with FDCI set to take place from 9 to 12 March 2023 in Mumbai.

The Times of India

Sensex falls 236 points to close at 60,622; HUL, RIL top drags

NEW DELHI: Equity indices finished lower for 2nd straight session on Friday amid weak trends from global markets.

The Times of India

HUL Q2 net profit up 20% to Rs 2,616 crore

MUMBAI: Hindustan Unilever (HUL) has reported a 20% growth in net profit at Rs 2,616 crore in the second quarter ended September 30, 2022, as compared to Rs 2,185 crore in the corresponding quarter last year.

The Times of India

Mcap of six of top-10 most valued firms tumble Rs 2 lakh crore; TCS, Infosys biggest laggards

NEW DELHI: Six of the top-10 most valued firms suffered a combined erosion of Rs 2,00,280.75 crore from market valuation last week, with IT majors Tata Consultancy Services (TCS) and Infosys taking the biggest hit, amid weak trend in equities.

The Times of India

LIC ups stake in Hero MotoCorp, HUL, Capri Global

NEW DELHI: LIC has increased its stake in Hindustan Unilever Ltd, Hero MotoCorp and non-banking finance company Capri Global Capital through open market purchases over the last few months, the life insurer said on Tuesday.

The Times of India

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