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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 ...
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The NIFTY 50 index is a free float market capitalisation-weighted index.. Stocks are added to the index based on the following criteria: [1] Must have traded at an average impact cost of 0.50% or less during the last six months for 90% of the observations, for the basket size of Rs. 100 Million.
In 2003, Bunge Limited acquired the Dalda brand from Hindustan Unilever Limited for reportedly under Rs 1 billion. [36] On 30 March 2004, Unilever Pakistan accepted an offer of Rs. 1.33 billion for the sale of its Dalda brand and related business of edible oils and fats to the newly incorporated company Dalda Foods (Pvt.) Limited. [37]
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]
Production moved to Port Sunlight in the 1960s, when Unilever, successor to Lever Brothers, set up a cosmetic development laboratory on the Isleworth site. A major fire at the site destroyed the original factory. Pears soap is now made in India by Hindustan Unilever, a company in which Unilever now has a 67 percent share.
In 2003, Bunge Limited acquired the Dalda brand from Hindustan Unilever Limited for reportedly under Rs 100 crore. [16] On 30 March 2004, Unilever Pakistan accepted an offer of Rs. 1.33 billion for the sale of its Dalda brand and related business of edible oils and fats to the newly incorporated company Dalda Foods (Pvt.) Limited. [17]
In 1998, Tatas sold their stake in Lakmé to Hindustan Unilever [3] for ₹ 200 crore (US$48.46 million). [4] Lakmé mainly sells coloured cosmetic products such as lipsticks, eyeliners and skincare cream. In December 2018, it launched its e-commerce platform. [5] [6] As of 2021, Lakmé also runs 485 beauty salons under Lakmé Lever. [7]