Hindustan Unilever
We Indians always believe that the nation is good in offering services be it in IT, manufacturing or ITeS, however innovation is not our cup of tea. There is some new information which may shatter this belief. Five Indian companies, including Hindustan Unilever and Tata Consultancy Services (TCS), are among the Forbes’ list of the [...] Continue Reading »
Hindustan Unilever Ltd (HUL) is now thinking of disposing of its residential properties and plots after selling/leasing out its commercial properties last year. The consumer goods giant is focusing on selling these properties basically in the metro cities which can garner revenue of Rs 100 crore. About two dozen apartments and land parcels in posh [...] Continue Reading »
Due to an exceptional income of Rs 607 crore from properties sale, Hindustan Unilever said its net profit soared over two-fold to Rs.1, 331.19 crore for the quarter ended June 30 this year. The company has announced a net profit of Rs 627.16 crore for the same period previous fiscal. Company’s net sales surged to [...] Continue Reading »
Brigade Group, one of the Bangalore-based top realty players, on Wednesday, announced that it is planning to venture with Government of Singapore Investment Corporation (GIC) to develop a residential project in Bangalore. Both the parties, Brigade and GIC, have entered into a 51:49 private equity partnership through a special purpose vehicle (SPV) for the development of [...] Continue Reading »
