HUL to consider legal options against GST anti-profiteering authority order

Hindustan Unilever (HUL) is considering legal options after GST anti-profiteering authority found it guilty of not passing on rate cut benefits to consumers. On December 24, 2018, the National Anti-Profiteering Authority (NAA) passed an order against the company for depositing an amount of Rs 223 crore. HUL is India’s largest Fast Moving Consumer Goods Company … Read more

HUL gets nod for scheme of amalgamation with GSKCH

Hindustan Unilever (HUL) has received approval for scheme of amalgamation with GlaxoSmithKline Consumer Healthcare (GSKCH) and their respective shareholders and creditors. The Board of Directors of the company at their meeting held on December 03, 2018, approved the same. GSKCH is the one of the key players in the Foods and Refreshment (F&R) category with … Read more

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