hul

Hindustan Unilever (hul) has implemented price hikes of 2-5% due to 8-10% cost inflation, primarily driven by soaring oil prices from the West Asia war. Despite these challenges, the company maintained its outlook, anticipating FY27 to outperform FY26, supported by rural income growth and stable demand.

Renowned for his strategic insight, Nitin Paranjpe has enjoyed a lucrative career spanning several decades at Unilever and hul. Holding the title of non-executive chairman at hul comes with board compensation, but his wealth is primarily a byproduct of his leadership in top executive positions and influential board roles over the years.

Veteran actor Manoj Joshi recounted his harrowing stroke experience during 'Devdas' filming, which left him in a coma and temporarily blind. His wife's unwavering support, including taking up tuition work, was crucial during his year-and-a-half recovery and financial strain. Joshi's comeback began with television, leading to a resurgence in films.

Indian equity benchmarks, Sensex and Nifty, staged a strong intraday recovery to close higher on Tuesday. Easing crude oil prices, positive global cues, and robust buying in IT stocks fueled the rebound. Despite initial weakness, markets ended firmly in the green, with IT stocks leading the gains.

Hindustan Unilever announced a significant investment of up to Rs 2,000 crore over two years to boost manufacturing capacity in premium beauty, wellbeing, and home care liquid categories. This strategic move aligns with hul's focus on scaling brands and developing future categories to meet evolving consumer demands and strengthen its supply chain.

The board of Hindustan Unilever (hul) has approved a proposal to increase the royalty and central services fees to Unilever group entities to 3.45% of turnover from 2.65%.