HUL shares rise over 1% after firm sets December 5 as record date for ice-cream business demerger

Indian markets experienced a volatile trading session on weekly expiry day, declining by nearly half a percent. This extends the current co...

Hindustan Unilever names Niranjan Gupta as its next Chief Financial Officer. Gupta will join on September 1 and take over from Ritesh Tiwar...

Vedanta Chairman Anil Agarwal reaffirmed the company's commitment to unlocking value, saying the four new companies that will emerge from t...

Under the demerger terms, each HUL shareholder will receive one KWIL share for every HUL share held. After the demerger and KWIL’s listing,...

Union Bank reported a 2% YoY increase in its domestic deposits from the previous year at Rs 11.82 lakh. Sequentially, it was down 2%.

FMCG major Hindustan Unilever (HUL) board has given its in-principle approval for demerging its ice cream business into a separate listed e...

Hindustan Unilever plans to spin off its ice-cream business. The new entity will be independently listed. This move aims to unlock value an...

Hindustan Unilever's board has granted preliminary approval to spin off its ice cream business into a separate publicly listed company. Sha...

We will see that August especially, when the rainfall was at a 100-year low, 36% deficit, that has derailed the rural recovery green shoots...

However, in a behaviour typical of the markets of buying on rumours and selling on news, the ITC stock that had hit a record high of ₹499.6...

“ITC FMCG business has become large and it is free cash flow positive. Tobacco business volume growth is not bad at all, given that they ar...

There could be a deep holding story about Reliance in terms of various businesses which they have so obviously first this story of demerger...

Calculations done by global brokerage firm JPMorgan sees Reliance Retail’s enterprise value at $112 billion and implied equity value at $10...

Shoe brand Bata is looking to expand into lower-tier digital sales as the stock trades at a historic low multiple, according to Chakri Loka...

If anyone is buying ITC with a perspective of restructuring, they should not be buying it, says Sandip Sabharwal.

'The valuations that JP Power was driving from the TAQA deal were close to Rs 9869 cr and they have struck a better deal with Reliance Powe...