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Seven of top-10 cos add Rs 1.31 lakh cr in m-cap; HUL, TCS lead chart

The Economic Times 16 Jan 2022

Reliance Industries, Infosys, HDFC, Bajaj Finance and Wipro also saw a rise in their market valuations, while HDFC Bank, ICICI Bank and SBI suffered losses ... .

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GSK Consumer Healthcare-HUL merger in spotlight as GSK rejects Unilever bid

Live Mint 16 Jan 2022

The 2020 deal has given HUL heft in the nutrition category in India ... However, in 2020, when HUL merged listed entity GlaxoSmithKline Consumer Healthcare Limited (GSKCH) with itself in a ₹31,700 crore deal— HUL got a ready-made portfolio of health food drinks' (HFD) brand Horlicks apart from Boost, Maltova and Viva.

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Indian Indices End Flat Amid Volatility; Asian Paints, Axis Bank, HUL Top Losers

Live Mint 14 Jan 2022

Indian share markets witnessed volatile trading activity throughout the day today and ended on a flat note. Benchmark indices snapped their four-day winning run and ended lower amid weak global cues. At the closing bell, the BSE Sensex stood lower by 12 points (down 0.1%). Meanwhile, the NSE Nifty closed lower by 2 points (down 0.1%) ... 'ChefBoss'.

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HUL-distributors standoff resolved

The Times of India 05 Jan 2022

All India Consumer Products Distributors Federation (AICPDF) said late Tuesday, they are resuming supplies of HUL products and will gauge the situation after three months. "From today, the movement against HUL stands postponed.

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Stocks to Watch: RIL, Future group, Bharti Airtel, IT companies, HUL, Axis Bank

Live Mint 05 Jan 2022

NEW DELHI ... Reliance Industries ... MORE FROM THIS SECTIONSee All ... IT stocks ... HUL. The standoff between distributors and packaged consumer goods giant Hindustan Unilever over pricing parity between traditional distributors and organised business-to-business (B2B) platforms has been resolved for now, with distributors withdrawing their protest against HUL ... .

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HUL to address distributor tussle bilaterally

The Economic Times 04 Jan 2022

Last week, a section of HUL distributors threatened to stop supplying some of the company's products in phases from January 1, alleging that HUL had not initiated any discussion on the issue of price parity with them ... .

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HUL’s share in haircare hits a 15-year high

The Economic Times 04 Jan 2022

The company said Clinic Plus reached nine out of ten households in the country while Dove is the largest premium beauty brand and has reclaimed its position as the largest wash and care brand through penetration gains in both urban and rural areas ... .

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HUL - Distributor conflict postponed; company assures to resolve issues

The Economic Times 04 Jan 2022

The conflict between distributors and packaged consumer goods giant Hindustan Unilever has been postponed for three months or till further notice, All India Consumer Products Distributors Federation (AICPDF) said late Tuesday ... .

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Distributors of FMCG products call off blockade against HUL

Business Line 04 Jan 2022

The All India Consumer Products Federation (AICPDF) met HUL executives on Tuesday to iron out the differences. According to AICPDF, the HUL management reassured the distributors that the issues raised by the distributors would be appraised by the company ... HUL remains fully ...

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FMCG distributors call off stir against HUL in Maharashtra; to continue action against Colgate

Financial Express 04 Jan 2022

FMCG distributors on Tuesday suspended their boycott of certain brands of HUL in Maharashtra after talks with the company over issues of price disparity between the traditional distributors and organised business-to-business channel ... On Monday, a meeting was held with HUL ...

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Distributors mount pressure on Colgate, suspend stir against HUL

Live Mint 04 Jan 2022

Small distributors on Tuesday suspended their campaign against Hindustan Unilever Ltd (HUL) over complaints that packaged consumer goods makers were favouring large and internet-based wholesalers but pledged to take action against rival Colgate-Palmolive (India) Ltd ... HUL will take up complaints against any disparity between trade channels, it added.

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Stocks to buy in 2022: Brokerages bullish on TCS, Escorts, Relaxo, HUL among several large-caps

Zeenews 03 Jan 2022

In the mid-cap space, Angel One, Macrotech Developers, Ramco Cement, Zensar Tech and Devyani International are some of the top picks from MOFSL ... .

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HUL meets sellers amid threat to expand strike

The Times of India 03 Jan 2022

An HUL spokesperson said, “In response to the request we had received from AICPDF, company representatives met them to understand their concerns and feedback about the evolving ‘Route to Market’ (RTM) models.” ... The HUL spokesperson added, “HUL has a long-standing relationship with its distributors that is based on trust and mutuality of interest.

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High Potential: Brokerages bullish on TCS, Escorts, Relaxo, HUL stocks for 2022

Sify 03 Jan 2022

For 2022, brokerage houses are bullish on a variety of stocks including TCS, Escorts, Relaxo, HUL for 2022 ... Further, Vinod Nair, Head of Research at Geojit Financial Services is bullish on HUL, HDFC Bank, Biocon, Tata Power, Tech Mahindra, and L&T. "We are positive on HUL considering its pricing power, distribution expansion and product innovation.

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After Maharashtra, distributors might boycott HUL & Colgate products in 4 more states

Financial Express 03 Jan 2022

The ongoing tiff between the FMCG companies and traditional distributors is nowhere near end with the distributors planning to block Hindustan Unilever (HUL) and Colgate-Palmolive products in other states as well ... This is similar to the action taken by AICPDF on HUL’s products in the state.