HUL to demerge ice-cream biz into separate, listed entity
Mint Mumbai|November 26, 2024
The board gave in-principle approval to demerge the biz, after considering proposals
Suneera Tandon & Saloni Goel

Hindustan Unilever Ltd (HUL) said on Monday its board of directors has given in-principle approval to demerge the company's ice-cream business into a separate, listed entity. "Subject to the necessary approvals and procedures to be followed in accordance with the applicable laws, it is proposed that the shareholders of HUL will receive shares in the new entity in proportion to their shareholding in HUL. The decision to demerge is subject to approval of the board and the shareholders to the scheme of demerger to be placed before the board early next year," the company said in an exchange filing.

Bu hikaye Mint Mumbai dergisinin November 26, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Mint Mumbai dergisinin November 26, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MINT MUMBAI DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Ukraine Clings To Sliver Of Russia, Expecting Trump To Push For Talks
Mint Mumbai

Ukraine Clings To Sliver Of Russia, Expecting Trump To Push For Talks

In Russia's Kursk region just north of here, Russian assaults are so intense that their infantrymen sometimes step on the bodies of fallen comrades, according to Ukrainian soldiers opposing them there.

time-read
6 dak  |
November 26, 2024
The Economy Must Also Thank The Constitution
Mint Mumbai

The Economy Must Also Thank The Constitution

It gave India the space to adjust its economic policy in favour of market forces. The irony at this stage is that even capitalist success might require the aid of socialist redistributive tools

time-read
2 dak  |
November 26, 2024
Read This Before You Add That 'Instant' Food To Your Cart
Mint Mumbai

Read This Before You Add That 'Instant' Food To Your Cart

Ultra-processed foods, which are convenient and engineered to be addictive, are a serious health threat in India

time-read
3 dak  |
November 26, 2024
How Coldplay FOMO Could Lead To Burnout
Mint Mumbai

How Coldplay FOMO Could Lead To Burnout

The fear of missing out on Diljit or Coldplay concert tickets can impact mental health and lead people to make poor financial decisions

time-read
4 dak  |
November 26, 2024
How Tim Cook Cracked The Code On Working With Trump
Mint Mumbai

How Tim Cook Cracked The Code On Working With Trump

For years, through carefully choreographed dinners and meetings, Apple CEO Tim Cook did something that has eluded many other corporate leaders: He developed a personal relationship with President-elect Donald Trump.

time-read
4 dak  |
November 26, 2024
Can Your Credit Card Portfolio Be Complete Without An Amex Card?
Mint Mumbai

Can Your Credit Card Portfolio Be Complete Without An Amex Card?

Experts weigh in on the advantages of owning an American Express card, but also highlight acceptance issues

time-read
4 dak  |
November 26, 2024
Mint Mumbai

Humility lends leadership an advantage in the age of AI

Research shows this skill can be deployed as part of a success formula in settings that need teamwork

time-read
3 dak  |
November 26, 2024
Women entrepreneurs need the support of their very own tribe
Mint Mumbai

Women entrepreneurs need the support of their very own tribe

Form clubs of fellow businesswomen for mutual aid and to serve as confidence boosters in male-heavy fields like finance

time-read
4 dak  |
November 26, 2024
Google Chrome's divorce may be the start of a bigger split-up
Mint Mumbai

Google Chrome's divorce may be the start of a bigger split-up

Antitrust action will likely go beyond forcing its search engine out

time-read
3 dak  |
November 26, 2024
This New Year, skip going on a detox or cleanse
Mint Mumbai

This New Year, skip going on a detox or cleanse

Instead of fad detox trends, adopt a probiotics-rich diet to nurture a healthy gut

time-read
2 dak  |
November 26, 2024