Cap MNC royalty payments, demands RSS affiliate
The call has come against the backdrop of the decision by HUL to increase the royalty payment to parent company Unilever, from 2.65% to 3.45% over three years till 2025.
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HUL shares dip 4% post Q3; what should investors do?
HUL’s 3Q results were in line with expectations; however, hikes in royalty and central service fees remained key concerns.
HUL Q3 results: Net profit soars 12% to ₹2,505 cr
Growth was ahead of the market with more than 75% of the business winning market shares, says HUL.
HUL to acquire stake in OZiva, Nutritionalab; stock hits record high
The investment in two D2C brands is part of HUL’s strategy to boost its presence in the health and wellness segment post acquisition of Horlicks.
FMCG majors cut prices 2-20% to shore up growth
FMCG companies were on a price-hike spree for the past two years. But the change in tactic is because there is a clear softening of rural demand, a big driver for FMCG revenues at 65-70%.
LIC ups stake in Hero MotoCorp, CAPRI, HUL
State-owned insurer LIC’s stake in Hero has increased to 11.2%, while in CAPRI and HUL, its shareholding rose to 7.05% and 5%, respectively.
At HUL, Focus On People To Drive Growth
With hybrid work culture becoming a way of life, the FMCG major is experimenting with employment models.
HUL rejigs management, appoints 2 key executives
The maker of Dove shampoo said Madhusudhan Rao will be appointed as executive director, Beauty & Wellbeing and Personal Care.
Unilever to cut 1,500 management jobs in major revamp
The company said it will move away from its current matrix structure and will be organised around five distinct business groups.
HUL douses distributor ire over low margins, says will do whatever it takes
Chairman & MD Sanjiv Mehta says the company will ensure its general trade distributors get a fair ROI. In Q3 of FY22, HUL's volume growth was 2%.
