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GST impact: HUL extends tax benefits to consumers

FMCG major HUL has reduced the prices of some of its detergents and soaps, extending the tax benefits the company has got under the GST regime to consumers. According to a PTI report: The company has slashed the price of...

Future Retail resolves margin issues with companies including HUL

Future Retail has resolved the margins issue with almost 80 per cent of its suppliers, including FMCG major HUL, under the new GST regime. According to a PTI report: The companies have agreed to pass on the pre GST margins...

FMCG cos expect dip in inventory levels, normalcy in Q2 in the run up to GST

FMCG firms are preparing for reduced stocks in their trade channels for a couple of months as anxious dealers cut down inventory levels in the run up to GST, the new indirect tax regime, from July 1. According to a...

Amazon hires 18 IIM-Ahmedabad business graduates

Global e-commerce major Amazon hired 18 graduates of the Indian Institute of Management-Ahmedabad (IIM-A) in the summer campus hiring, said the prestigious B-School on Tuesday. "Amazon made the most offers (18) at the end of the final placement process, followed...

Modern Trade all about win-win partnerships between brands and retailers

The evolution of modern trade has thrown up new challenges for FMCG and food majors. Brands love the space, the visibility and all the benefits that modern trade offers. They have allocated resources towards this new order through dedicated...

HUL modifies Lakme youth ad after being pulled by ASCI

FMCG major HUL has modified its advertisement for Lakme Youth Infinity range of products, which was objected to by the Advertising Standards Council of India (ASCI). "As a responsible marketer and member of ASCI, we have always complied with ASCI...

India Food Forum 2017: What it means for your business

India Food Forum is one of the most recognised food events in the industry. The upcoming chapter of the event will take place from January 31 to February 02 at Bandra Kurla Complex, Mumbai, India Established in association with the...

HUL's net profit up 7 pc in Q3

FMCG major Hindustan Unilever on Monday reported a seven per cent increase in its net profit to Rs 1,037.93 crore in the quarter ended December 31, 2016 as compared to Rs 971.66 crore in the corresponding quarter last fiscal...

ASCI pulls HUL for misleading Vim bar ad

Advertisement regulator ASCI has pulled up FMCG major HUL over its 'misleading' TV commercial for dish washer brand Vim in which it claimed rival Jyothy Laboratories' Exo as sadharan (ordinary) bar. According to a PTI report: The Advertising Standards Council...

Near-term performance under pressure due to demonetisation: HUL

Hindustan Unilever Ltd., India's largest consumer goods company, recently said that its near-term performance would be "adversely impacted" due to the ongoing demonetisation scheme of the government. Adding that in the long term it would be "win-win for everyone". In...
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The Luxottica report card for 2022

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