[31][32] This resulted in a severe backlash in the form of an adverse hashtag trending on Twitter '#BoycottHindustanUnilever'. The merger pegs the valuation of GSK’s healthcare business at Rs 31,700 crore. Sensex, Nifty tumble after reaching fresh highs, end deep in red; are bears returning to D-Street? The company was renamed in June 2007 as Hindustan Unilever Limited. [26] The company had to cease television advertisements for the product in 2007. [56], In May 2012, HUL & Star Bazaar received the silver award for 'Creating Consumer Value through Joint Promotional and Event Forecasting' at the 13th ECR Efficient Consumer Response Asia Pacific Conference. [23] After protest by activists led by Deepak Malghan of the Indian Institute of Management Bangalore Hindustan Unilever admitted before court to being guilty in the case in 2010.[24][25]. Hindustan Unilever Limited (HUL) is an Indian consumer goods company headquartered in Mumbai, India. But the company’s just-launched Corona Kit has already come under fire from both the government and India’s medical community. [41] and was declared the fourth most Respected Company in India in a survey conducted by Business World in 2013. Personal products include products in the categories of oral care, skin care (excluding soaps), hair care, talcum powder and color cosmetics. The board is yet to decide on granular details, including where the new unit will be located. The campus is spread over 12.5 acres of land and houses over 1,600 employees. [60], Hindustan Unilever ranked No. © 2020 Forbes Media LLC. [53], In July 2012 Hindustan Unilever Limited won the Golden Peacock Occupational Health and Safety Award for 2012 in the FMCG category for its safety and health initiatives and continuous improvement on key metrics. He was talking about the movie trade from his vantage point as a successful screenwriter. 2: Market value of common plus debt, by operating income (earnings before interest, taxes, depreciation and amortization). [33], The Institute of Competitiveness, India, has recognized Hindustan Unilever Limited's Project Shakti for ‘Creating Shared Value’ and bestowed upon the company the Porter Prize for 2014. In addition, HUL also retained the 'Dream Employer' status for the 3rd year running. And yet the stock market is more expensive than the S&P 500. [61], HUL was ranked 47th in The Brand Trust Report 2014 published by Trust Research Advisory. The brand was recognized for cost and waste reduction. Sources: HOLT, a divison of Credit Suisse, in collaboration with Innovator's DNA LLC; FactSet; Bloomberg. The new consumers in India's villages are ambitious and demanding just like their urban counterparts. [4], As of 2019 Hindustan Unilever's portfolio had 35 product brands in 20 categories. All Rights Reserved. And Hindustan Unilever is responding to the change with a distribution overhaul. As of March 31, 2012, the Company had over 35 brands spanning 20 distinct categories. In an apparent bid to take advantage of lower corporate tax regime for new manufacturing units, consumer behemoth Hindustan Unilever on Monday said it would set up a wholly-owned subsidiary… [22] Protests by local NGOs and Greenpeace lead to the shutting of the factory in March 2001. Its products include foods, beverages, cleaning agents, personal care products, water purifiers and other fast-moving consumer goods. Its portfolio includes household brands, such as Lux, Lifebuoy, Surf Excel, Rin, Wheel, Fair & Lovely, Pond's, Vaseline, Lakme, Dove, Clinic Plus, Sunsilk, Pepsodent, Closeup, Axe, Brooke Bond, Bru, Knorr, Kissan, Kwality Wall's a nd Pureit. [12], Unilever launched Sustainable Living Plan in on 15 November 2010 at London, Rotterdam, New York and New Delhi simultaneously. Former Top-Ranked Salesforce Drops to No. [57], In 2011, HUL was named the most innovative company in India by Forbes and ranked 6th in the top 10 list of most innovative companies in the world. Hindustan Unilever to float a subsidiary Board gives approval to set up a step-down unit, which would be primarily engaged in manufacturing activities For 2018-19, HUL, which sells products under popular brands such as Dove, Surf Excel and Kissan, had posted revenues of Rs 38,224 crore. Their products include cleaning detergents, food, beverages, water purifiers, personal care … These awards were instituted by the Union Ministry of Labour and Employment in 1965. [48] Hindustan Unilever Limited (HUL) won the first prize at FICCI Water Awards 2012 under the category of 'community initiatives by industry' for Gundar Basin Project, a water conservationist initiative. Hindustan Unilever is setting up a fully-owned subsidiary that will invest in newer manufacturing units and help the maker of Rin and Dove significantly lower taxes under the corporate tax rates announced last year. Click here to join our channel and stay updated with the latest Biz news and updates. [6] In April 2020, HUL completed its merger with GlaxoSmithKline Consumer Healthcare (GSKCH India) after completing all legal procedures. [67], Learn how and when to remove this template message, Leadership in Energy and Environmental Design, "Hindustan Unilever: Profit and loss (P&L), Financial Summary of Hindustan Unilever - NDTVProfit.com", "GSK Consumer Healthcare to merge with Hindustan Unilever: Here are 10 things you should know", "HUL-GSK deal: 3,800 employees face uncertainty, decision awaited", "HUL expects to complete merger with GSK Consumer Healthcare in 2019", "HUL moves to new campus | 2010 | Hindustan Unilever", "HUL Mumbai campus receives LEED India Gold Certification", "Unilever unveils ambitious long term sustainability programme | Business", "Personal care brands | Hindustan Unilever", "Greenpeace wants probe into Kodaikanal mercury pollution", "One gram mercury can kill a 25-acre lake. [7], Hindustan Unilever's corporate headquarters are located at Andheri, Mumbai. Financial Express is now on Telegram. HUL won three awards at the 'CNBC Awaaz Storyboard Consumer Awards' in 2011 – Most Recommended FMCG Company of the Year; Most Consumer Conscious Company of the Year and Digital Marketer of the Year. The company’s December quarter investor presentation highlighted the impact of the challenging economic environment on consumer sentiment. [27] In 2008 Hindustan Unilever made former Miss World Priyanka Chopra a brand ambassador for Pond's,[28] and she then appeared in a mini-series of television commercials for another skin lightening product, 'White Beauty', alongside Saif Ali Khan and Neha Dhupia; these advertisements, showing Priyanka's face with a clearly darker complexion against the visibly fairer Neha Dhupia, were widely criticised for perpetuating racism[29] and lowering the self-esteem of women and girls throughout India who were misled by HULN to believe that they needed to be white to be beautiful. Ministry of AYUSH shares ‘three simple steps’ to improve immunity; Here’s how, Govt of India blocks 43 more mobile apps including AliExpress over privacy concerns. [5][6] However the integration of GSK's 3,800 employees remained uncertain as HUL stated there was no clause for retention of employees in the deal. GDP is in decline. Check what is allowed, what is not, New Mahindra Thar scores big in Global NCAP crash tests: 4 stars make it the safest off-roader. Criticism in India over skin-whitening trend, "Anthropology at the Bottom of the Pyramid", "Hindustan Unilever faces backlash for calling Kumbh Mela 'place where old people get abandoned, "#BoycottHindustanUnilever Trends After Ad On Kumbh Mela Faces Criticism", "Grooming people is in our genes, says HUL's Paranjpe", "Hindustan Unilever Limited has emerged as the No.1 employer of choice for B-School students", "FMCG, management firms most preferred campus recruiters: Nielsen", "Advertising is the industry of the future: Nielson B-School Survey", "HUL, Tata Chemicals, six others bag FICCI Water Awards", "HUL Brands sweep 13 awards at Emvies 2012 | 2012 | Hindustan Unilever", "HUL wins four awards at Spikes Asia 2012 | 2012 | Hindustan Unilever", "Hindustan Unilever Limited won the Golden Peacock Occupational Health and Safety Award", "Pond's Talcum Powder's packaging innovation has bagged a Silver Award at the prestigious 24th DuPont Global Packaging Award", "HUL & Star Bazaar bagged the silver award for 'Creating Consumer Value through Joint Promotional and Event Forecasting, "HUL, GAIL gets ICSI governance excellence awards", "FMCG sector most preferred by B-school students: Nielsen Report", "Tata Steel, HUL, Colgate Palmolive in Fortune's most admired companies list", "Hindustan Unilever is 'Dream Employer' in India for second successive year", "Pepsi wins Ad Campaign of the Year at CNBC Awaaz Storyboard Consumer Awards 2011", "HUL wins Annual Intellectual Property Award | 2010 | Hindustan Unilever", "Business World - The Other 7 - Shock and Awe", "Hindustan Unilever Ltd Background details about Company Profile", Unilever Research & Development Port Sunlight Laboratory, https://en.wikipedia.org/w/index.php?title=Hindustan_Unilever&oldid=990182520#Research_facilities, Companies listed on the Bombay Stock Exchange, Companies listed on the National Stock Exchange of India, Manufacturing companies established in 1933, Short description is different from Wikidata, Articles with a promotional tone from March 2017, Articles with a promotional tone from September 2020, Creative Commons Attribution-ShareAlike License, Hindustan Vanaspati Manufacturing Company (1931–1956), Annapurna salt and Atta (formerly known as Kissan Annapurna), Kissan squashes, ketchups, juices and jams, This page was last edited on 23 November 2020, at 07:41.

When Is Someone At Their Best, Power Clean Exercise, Raccoon Recipes Joy Of Cooking, Difference Between Nan Optipro And Nan Supreme, Ningbo University Departments, The Rap Game Uk, Echeveria 'lola Flower, Flying Guillotine 2 1978, Technaflora Feeding Schedule, Ihg Credit Card Customer Service Uk, Kalanchoe Sexangularis Propagation, Rheem Vertical Vent Termination Kit, Fgo Lostbelt 1 Section 8, Light Fury Plush Toy, Dalarna University Borlänge Campus, Best Hydroponic Drip System, Grade 1 Data Management Unit, 2010 Porsche Cayenne Turbo Specs, Osprey Tempest 9 Black, Disney University Book, Small Wood Slices Hobby Lobby, Greg Hastings Paintball 2 Wiki,