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Hindustan Unilever's "Glow & Lovely" is the leading skin-lightening cream for women in India. [20] The company had to cease television advertisements for the product in 2007. Advertisements depicted depressed, dark-complexioned women, who had been ignored by employers and men, suddenly finding new boyfriends and glamorous careers after the ...
The successful prediction of a stock's future price could yield significant profit. The efficient market hypothesis suggests that stock prices reflect all currently available information and any price changes that are not based on newly revealed information thus are inherently unpredictable. Others disagree and those with this viewpoint possess ...
In 2013, he took over Unilever's business in India and South Asia, as Chairman and MD of Hindustan Unilever (HUL). Under his leadership, in seven years HUL's market capitalisation increased from $17 billion to over $70 billion, making HUL the top five most valuable companies in India, as well as Asia's largest consumer staples company. [14]
Turnover at the corporate giant was up 14.9 percent to 29 billion euros in the first half of fiscal 2022.
Unilever bought the United States–based startup company Dollar Shave Club for a reported $1b (£764m) to compete in the male grooming market. [61] On 16 August 2016, Unilever acquired Blueair, a supplier of mobile indoor air purification technologies. [62] In September 2016, Unilever acquired Seventh Generation Inc. for $700 million. [63]
NIFTY 500 is India’s first broad-based stock market index of the Indian stock market. [1] It contains top 500 listed companies on the NSE. The NIFTY 500 index represents about 96.1% of free float market capitalization and about 96.5% of the total turnover on the National Stock Exchange ().
Mint is an Indian business and financial daily newspaper published by HT Media, a Delhi-based media group which is controlled by the K. K. Birla family.The K. K. Birla family also publishes Hindustan Times. [2]
He was made a non-executive chairman of Hindustan Unilever in 2005. In 2011, he was appointed the global COO for Unilever, with P&L responsibility for all the markets. [ 2 ] He retired on 31 December 2014, after more than 38 years.