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Harish Manwani appointed chairman of ISB executive board

17h livemint
Mumbai: Harish Manwani, non-executive chairman of Hindustan Unilever Ltd, has been appointed chairman of the executive board of the Indian School of Business, Hyderabad.

We would rather disrupt our own business model, and not get disrupted: HUL’s Sanjiv Mehta

18h livemint
The 11% underlying volume growth in the December quarter reported by Hindustan Unilever Ltd (HUL), India’s largest consumer packaged goods company, indicates that the consumer goods sector has recovered from the twin shocks of demonetization and the implementation of the goods and services tax (GST).

Ogilvy India elevates Prem Narayan as chief strategy officer

2018-01-19 livemint
New Delhi: Ogilvy India on Friday announced that it has elevated Prem Narayan as the chief strategy officer, effective immediately. He was heading the planning function in Mumbai which will now be handled by Balagopalan Ganapathy, who has been associated with the agency’s planning team for over a decade. (10-0)

Will HUL’s GST provision set precedent for others?

2018-01-18 livemint
Mumbai: Hindustan Unilever Ltd’s decision to set aside money to compensate consumers for excess tax charged by it has set a precedent for other companies.

GST Council cuts rate on 83 goods, services

2018-01-18 thehindubusinessline
In some New Year cheer, the Goods and Services Tax Council on Thursday began discussions on easing the compliance burden for businesses, with a single monthly return and uploading of invoices.

Patanjali signs consent saying it won#39;t #39;denigrate#39; HUL soap brands

2018-01-18 moneycontrol
Patanjali Ayurved has agreed not to unfairly criticise Hindustan Unilever's (HUL) soap brands and its business through advertisements in a consent decree with HUL and was taken note by Bombay High Court on January 11, reports The Times of India.

Sensex, Nifty hit record highs as banks rally

2018-01-18 in.reuters
(Reuters) - Indian shares scaled new peaks on Thursday, tracking global markets, with banking stocks contributing the most to gains amid expectations that the government would increase the foreign investment limits for banks. (14-0)

News Live: India successfully test-fires nuclear capable Agni-5 from Odisha coast

2018-01-18 moneycontrol
India successfully test-fires nuclear capable surface-to-surface Agni-5 ballistic missile from a test range off Odisha coast, sources told PTI. (20-0)

Sensex hits another peak of 35,476.70; Nifty at 10,887.10

2018-01-18 freepressjournal.in
Mumbai: The BSE Sensex continued its record-setting spree for a second day, scaling a new high of35,476.70 in opening trade today as banking stocks led rally on sustained foreign fund inflows. Also, the broader NSE Nifty zoomed to a new high of10,887.10. The 30-share index rallied by 394.88 points, or 1.12 percent, to hit the peak of 35,476.70, breaching its previous intra-day high of 35,118.61 hit yesterday. (22-0)

News Live: No action can be taken against Hafiz Saeed, says Pakistan PM

2018-01-18 moneycontrol
Pakistan will not act against Hafiz Saeed 'sahib' as there is no case registered against him in the country, Prime Minister Shahid Khaqan Abbasi has said, giving a clean chit to the 2008 Mumbai attack mastermind, reports PTI. Saeed, the chief of the Jamaat-ud-Dawah (JuD), was released from house arrest in Pakistan in November. (19-0)

News Live: Cut in govt borrowing won’t impact sovereign rating, says Moody’s

2018-01-18 moneycontrol
The government on Wednesday curtailed its additional market borrowing programme by 60% to Rs 20,000 crore as it expects more transfers of surplus cash from the Reserve Bank in the current fiscal ending March 31. (19-0)

HUL hits record high on Q3 profit

2018-01-18 thehindubusinessline
Shares of Hindustan Unilever hit record high as Q3 profit beat estimates. HUL shares rose as much as 2.6 per cent to a record high of Rs 1,406.90. The consumer goods maker posted a 28 per cent increase in Q3 profit on Wednesday, beating estimates, underpinned by higher sales from its personal care business. Gradual recovery in volume growth is under way; combination of rolling price growth and cost efficiencies is driving strong margin expansion, according to Morgan Stanley. (12-0)

News Live: Japan in driver#39;s seat for $17bn Indian bullet train deals

2018-01-18 moneycontrol
President Donald Trump said the United States was considering a big “fine” as part of a probe into China’s alleged theft of intellectual property, the clearest indication yet that his administration will take retaliatory trade action against China. In an interview with Reuters, Trump and his economic adviser Gary Cohn said China had forced US companies to transfer their intellectual property to China as a cost of doing business there. (19-0)

News Live: Trump considers big #39;fine#39; over China intellectual property theft

2018-01-18 moneycontrol
President Donald Trump said the United States was considering a big “fine” as part of a probe into China’s alleged theft of intellectual property, the clearest indication yet that his administration will take retaliatory trade action against China. In an interview with Reuters, Trump and his economic adviser Gary Cohn said China had forced US companies to transfer their intellectual property to China as a cost of doing business there. (17-0)

A tech booster coming for domestic coffee industry

2018-01-17 thehindubusinessline
India’s coffee sector is seen getting a technology boost with the State-run Coffee Board proposing to introduce a host of initiatives ranging from blockchain to drones soon.