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US-based private equity firm L Catterton is likely to invest in India alongside its next Pan Asia dollar fund on a pro-rata basis
During Mehta's tenure at HUL, he oversaw a fivefold increase in the mcap of HUL to Rs 6.2 trillion, making it India's fifth-largest public company by mcap and the country's largest FMCG firm
International corporates are turning their attention to India, while large local firms have "big aspirations" to expand their reach, said Sanjiv Mehta
During Mehta's tenure in HUL, the share of women in the management has gone up to 45 per cent, from under 20 per cent earlier
Jawa 'orchestrated once-in-a-decade, end-to-end transformation of Unilever' in key role in London
Dwells on the MNC's milestone achievements across the globe as he hands over the mantle of MD & CEO to Rohit Jawa
FMCG major HUL on Friday announced the appointment of Rohit Jawa as the Managing Director & Chief Executive Officer. Jawa, presently the Chief of Transformation for Unilever, would take over the leadership role for five years with effect from June 27, 2023. "The appointment of Rohit Jawa as a whole-time Director and MD & CEO will be subject to approval of shareholders and other statutory approvals as may be applicable," HUL said in a regulatory filing. Jawa will succeed Sanjiv Mehta as the MD & CEO of the company with effect from June 27, 2023.
Top decision-makers select the winners in 7 categories
"This step is in the right direction in embracing progressive corporate governance practices," HUL said in its statement
Businesses need to be prepared for possibilities of a continued or higher inflation and deflation of commodity prices in next 2-3 years, Hindustan Unilever CEO and MD Sanjiv Mehta said on Tuesday. The unprecedented inflation is not homegrown but has been caused by several global factors, including supply chain disruption due to the pandemic and Ukraine-Russia war, he said while speaking at the FICCI LEADS 2022 event here. "It is very difficult to predict but I think where we have to be ready with is possible three scenarios in the world today," Mehta said when asked about his thoughts on the possibility of inflation coming down in the near future. One possibility is, he said, "the inflation or a slight deflation will continue at a moderated pace from the elevated base today. The second is it could go up even further and the third is there could be a deflation in commodity prices." "This is a horizon I'm looking at for the next two, three years and as businesses, we have to be ready
HUL CEO Sanjiv Mehta and UP Chief Minister Yogi Adityanath virtually unveiled the spray dried detergent factory and co-located distribution centre
Mehta also suggested that the government could use the "huge amount of reserves" to prevent the rupee from depreciating rapidly.
Sanjiv Mehta will join Unilever Indonesia's board of commissioners and chair it in a non-executive capacity
Sanjiv Mehta will continue as the Chief Executive Officer & Managing Director
'Once commodity prices start going down, we will adjust down the prices or increase the quantum of volume in the packs', said Mehta
In an interview with Business Standard, FICCI President and HUL CMD Sanjiv Mehta says better capacity utilisation and capital spending is needed to achieve the desired macro-economic growth
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Mehta will be succeeding Uday Shankar
Company posts 9% YoY increase in net profit, 11% growth in revenues
Unlock, good monsoon, better pace of vaccination and rural demand could galvanise recovery