Staff at these centres developed many innovations in products and manufacturing processes. [58], Hindustan Unilever Ltd received the National Award for Excellence in Corporate Governance 2011 of the Institute of Company Secretaries of India (ICSI) for excellence in corporate governance. Financial Express is now on Telegram. [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. A plant has leached mercury for 10 years into Kodai". It is also why we cannot plan [...]. Finance minister Nirmala Sitharaman last year slashed corporate tax rate to 22% from 30% for existing companies, and to 15% from 25% for new manufacturing companies. Giving cheaper food to reducing wastage, India on path towards achieving SDGs: Govt, Elon Musk overtakes Bill Gates to grab world’s second-richest ranking, Budget 2021: Rationalisation of tax provisions for Family Trusts, Indian whiskys make a mark on the global map, International flights during Covid: IATA to launch Travel Pass to replace quarantine, all you need to know, President Ram Nath Kovind boards Air India One-B777 aircraft for its inaugural flight to Chennai, 4G network: 'Don't force BSNL to go local’, Atmanirbhar Bharat 3.0: Cabinet approves Rs 6,000 cr equity infusion in NIIF debt platform, Q2 GDP: Economy may recover from record fall, contraction may narrow sharply but can’t stop recession, MHA releases fresh Covid-19 guidelines! 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. Hindustan Unilever, the Indian subsidiary of Anglo-Dutch consumer goods giant Unilever, is ranked at Number 7 and is one of three Indian companies on the list. “Not control.”. All Rights Reserved. HUL, one of the biggest players in the fast-moving consumer goods (FMCG) value chain, missed analyst estimates and reported 9% year-on-year growth in net profit for the December quarter. 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. The merger pegs the valuation of GSK’s healthcare business at Rs 31,700 crore. National Pension System: Is NPS the right option for retirement? From taking new roles in their family businesses to starting their own, here’s how seven next-generation tycoons are furthering their families’ legacies. The company has 18,000 employees and clocked sales of ₹34,619 crores in FY2017–18. [6] In April 2020, HUL completed its merger with GlaxoSmithKline Consumer Healthcare (GSKCH India) after completing all legal procedures. The company said, “market growth continues to be sluggish; demand outlook [is] challenging” in the near term. In 1956, Unilever’s three local subsidiaries merged to form Hindustan Lever, which became a household name as it catered to a newly free people’s needs, ranging from … [13], HUL is the market leader in Indian consumer products with presence in over 20 consumer categories such as soaps, tea, detergents and shampoos amongst others with over 700 million Indian consumers using its products. [50], The company received four awards at the Spikes Asia Awards 2012, held in September. The new government policies will spur manufacturing opportunities in India. The focus of the FMCG exports operation is two-fold: to develop overseas markets by driving distribution of ethnic brands, such as Kissan, BRU, Brooke Bond,