Tata Consumer Products expected to foray into high-growth, high-margin segments like personal care, home care and dairy.
The Kumbh Mela has always been the Indian marketing professional’s Super Bowl.
Analysts who track the company expect the earning growth momentum to sustain in the coming quarters with domestic volume growth at 8-10 per cent.
The National Anti Profiteering Authority (NAA) has passed an order against the company on December 24, 2018, for depositing an amount of Rs 223 crore, HUL said in a regulatory filing.
The authority also directed HUL to reduce the prices of its products by way of commensurate reduction keeping in view the reduced rates of tax and the benefit of ITC.
The company believes that "transitional issues need to be rectified fast, covering both technical glitches and procedural matters after GST solved major issues.
With its immense distribution network, HUL is likely to make much more of the revenue potential of the new brands under its fold, especially in the health foods segment.
The deal offers Unilever a unique market position in the health food business.
In the ranking of top-10 firms, RIL stood at the number one position, followed by TCS, HDFC Bank, HUL, ITC, HDFC, Infosys, SBI, Kotak Mahindra Bank and Maruti Suzuki.
According to reports, GSK is in exclusive talks with Unilever to strengthen its position in India, its most important emerging market.
It noted that out of the 208 advertisements, the advertisers promptly ensured corrective action in 63 of them as soon as the complaints were received.
The company's market valuation tumbled Rs 9,101.69 crore to Rs 3,30,455.31 crore on the BSE.
The company’s net profit in the second quarter rose to Rs 1,525 crore as against Rs 1,276 crore reported in the same quarter last year.
Profit rose to 15.25 billion rupees ($207.08 million) in the three months ended September 30, compared with 12.76 billion rupees a year earlier, the company said in a statement.
Three Indian firms -- Hindustan Unilever, Asian Paints and Bharti Airtel -- are among Forbes' list of the world's 100 most innovative companies.