Small packs make big gains as budgets shrink and costs riseWith inflation on the rise, Indian shoppers are favoring compact product packaging. This shift not only reflects changing consumer habits b...
GST gains eroded by Gulf war: Dabur CEO Mohit MalhotraDabur's CEO Mohit Malhotra says the West Asia war has impacted the gains from GST measures. The company is raising prices and acquiring dig...
Shortage of competition in Indian market to support Unilever's volume growth: CEOUnilever anticipates increased sales in India. Global supply chain issues and higher packaging costs are creating openings. Local competito...
HUL to take calibrated price hikes amid cost pressures; demand situation stable: CEO Priya NairHindustan Unilever will implement calibrated price increases to counter rising input costs, focusing on volume-led growth. The company rema...
Stocks in news: Wipro, HUL, Angel One, Alembic Pharma, HDFC LifeMarkets ended flat on Thursday after a volatile session, with analysts maintaining a positive outlook and recommending a buy-on-dips strate...
HUL Q2 Preview: Profit may fall 5% YoY as GST transition, weak demand to hit earningsHindustan Unilever is expected to post muted Q2 results, with just 1% revenue growth and a 5% profit decline as GST cuts, extended monsoon,...
HUL receives GST demand, penalties of Rs 447.5 cr from authorities of five statesHindustan Unilever Ltd (HUL), a leading FMCG maker, has received GST demands and penalties totaling Rs 447.5 crore from authorities in five...
Delhi HC stays demand made on HUL by the National Anti-profiteering AuthorityNAA, in its order last month, had penalised the maker of Dove shampoo and Lux soap for increasing grammage of their products to compensate ...
HUL to consider legal options on National Anti-profiteering Authority (NAA) orderHUL said it kept the Government informed of the approach and the manner that it had adopted in passing on the GST benefits to consumers.
GST authority finds HUL guilty of profiteering Rs 383 croreThe NAA while passing the order said that Rs 383.35 crore worth "benefit has been denied" by HUL to his customers.
DGS gets 3 more months to probe HUL profiteering caseEven though HUL replied to the notice, the investigating authority asked for more information from the company which in turn sought more ti...
HUL's GST benefit deposit offer to govt touches Rs 155 crore"With this third tranche, the total combined (HUL plus distributors) GST benefits offered by the company on its own accord to the governmen...
DGS slaps GST profiteering notice on HULThis is the sixth notice issued by DGS, the investigative arm of the finance ministry, to entities for not reducing prices post Goods and S...
HUL lifts spirits with strong show, record marginsShares of HUL hit a 52-week high on Tuesday before closing at Rs 1,158.20, half a percent higher.
HUL likely to beat peers, Street awaits co’s view on GST impactDestocking in the weeks before the GST rollout is likely to dent growth numbers in June quarter.
Indians pay more for soaps, shampoos & toothpastes as HUL and P&G get ready for GSTIn the run-up to GST implementation, HUL & P&G are either changing production strategies or raising prices to reflect the new tax treatment...
Demonetisation, GST spells low growth for short term: HULAccording to HUL, demonetisation and GST would help industry with "simpler and effective compliance" and "level playing field".