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VC investors score big as Marico picking up majority stake in nutrition brand Plix

Consumer

27 July, 2023

VC investors score big as Marico picking up majority stake in nutrition brand Plix

Marico Ltd, the maker of Parachute hair oil and Saffola cooking oil, has inked an agreement to buy a majority ......

Hindustan Foods acquires Dettol maker's Baddi unit

Consumer

15 December, 2022

Hindustan Foods acquires Dettol maker's Baddi unit

Hindustan Foods Ltd. (HFL) on Thursday said it has acquired Reckitt Benckiser Health India Pvt. Ltd’s manufacturing facility in Baddi, ......

HUL to acquire stake in Fireside, Roha-backed Nutritionlab

Consumer

08 December, 2022

HUL to acquire stake in Fireside, Roha-backed Nutritionlab

Hindustan Unilever Limited (HUL) announced today that it is going to acquire 19.8% shareholding for ₹70 crore of Nutritionalab Private ......

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Deals Digest: Companies rake in $1.06 bn led by PE deals

General

21 October, 2022

Deals Digest: Companies rake in $1.06 bn led by PE deals

Investments by venture capital (VC) and private equity (PE) firms shot up to $1.06 billion this week against $220 million ......

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HUL looks to buy two firms, widen product portfolio

Consumer

17 October, 2022

HUL looks to buy two firms, widen product portfolio

Hindustan Unilever Ltd (HUL) is in talks to acquire majority stakes in direct-to-consumer brands Wellbeing Nutrition and Conscious Food to ......

Premium
HUL ramps up product distribution efforts to battle online disruption

Consumer

06 October, 2022

HUL ramps up product distribution efforts to battle online disruption

Hindustan Unilever Ltd (HUL) is racing to deliver household goods to grocery stores, halving the time it takes from receiving ......

HUL to incentivize Indian startups focused on plastic waste management

Consumer

30 August, 2022

HUL to incentivize Indian startups focused on plastic waste management

Fast moving consumer goods (FMCG) major Hindustan Unilever Limited (HUL) on Tuesday announced the launch of a programme that will ......

Rupee breaches 80/$ for first time ever; Indices muted as street assesses earnings

Finance

19 July, 2022

Rupee breaches 80/$ for first time ever; Indices muted as street assesses earnings

Markets were muted on Tuesday, looking for direction amid the onset of earnings season, while the rupee surpassed the psychological ......

Former Jubilant Food chief appointed to lead Eureka Forbes

Consumer

11 July, 2022

Former Jubilant Food chief appointed to lead Eureka Forbes

Private equity major Advent International on Monday announced the appointment of former Jubilant Foodworks chief executive officer, Pratik Pota to ......

Markets reverse losses; losses in metal shares offset by gains in consumer stocks

Finance

04 July, 2022

Markets reverse losses; losses in metal shares offset by gains in consumer stocks

Indian shares recovered early losses to close higher on Monday as consumer stocks gained after commodity prices tumbled, overshadowing a ......