Business  /  Published 30.04.20

HUL misses forecast as net profit slips

Hindustan Unilever (HUL) on Thursday missed street estimates, reporting a 1.23 per cent fall in net profits for the fourth quarter ended March 31, 2020 as the disruption caused by the Covid-19 outbrea...
By Our Special Correspondent in Mumbai

Business  /  Published 01.04.20

Retailers say enough stock if there is no panic buying

Retailers on Wednesday said there is enough stock of essential items and groceries if people do not resort to panic buying, while some organised players put caps on items that a consumer can purchase ...
By PTI in

Business  /  Published 31.03.20

Sensex rallies 1,028 pts; FMCG stocks soar

Equity benchmark Sensex surged over 1,028 points on the last day of the 2019-20 fiscal on Tuesday, led by gains in energy, financial and FMCG stocks amid recovery in global peers even as the number of...
By PTI in Mumbai

Business  /  Published 27.03.20

ITC sets up virus fund

FMCG major ITC on Friday announced setting up of a Rs 150-crore coronavirus contingency fund for vulnerable sections of society.The company said it will collaborate with authorities to provide assista...
By TT Bureau in Calcutta

Business  /  Published 19.03.20

Emami sets buyback price

The board of Emami Ltd has announced a buyback of shares at a price up to Rs 300 apiece and declared an interim dividend of Rs 2 per share.It would spend up to Rs 191.99 crore, which represents 9.94 p...
By Our Special Correspondent in Calcutta

Business  /  Published 16.03.20

Emami to consider buyback

The board of Emami Ltd will meet on Thursday to consider a buyback of shares and an interim dividend amidst heavy selling in the markets on account of the coronavirus scare.If approved, the FMCG playe...
By in Calcutta

Business  /  Published 31.01.20

HUL profit up 12%

FMCG giant Hindustan Unilever Ltd (HUL) on Friday met estimates when it reported a 12 per cent growth in standalone net profits for the December quarter of 2019.HUL posted a net profit of Rs 1,616 cro...
By Our Special Correspondent in Mumbai

Business  /  Published 24.10.19

ITC reaps tax cut gains

ITC has reported a 37 per cent spike in net profit on a consolidated basis for the quarter ended September 30, 2019, after it realised additional tax benefits from accelerated depreciation arising out...
By Our Special Correspondent in Calcutta

Business  /  Published 14.10.19

HUL Q2 standalone net profit rises 21.18%

FMCG major Hindustan Unilever Ltd (HUL) on Monday reported a 21.18 per cent rise in standalone net profit to Rs 1,848 crore for the quarter ended on September 30, 2019, mainly driven by home care and ...
By PTI in New Delhi

Business  /  Published 29.08.19

RBI plugs land, labour reform

[{"id":1,"type":"text","value":"The RBI on Thursday said the economy was showing signs of sliding into a \u201ccyclical downswing\u201d and gave the highest priority to reviving consumption demand and...
By Our Special Correspondent in Mumbai


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