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Thursday, November 08, 2007


 

Economy

   Hindustan Lever Limited


 

 

Hindustan Lever Limited (HLL) has been in India since 1931 and has played a key role in the industrial development of India.  Its annual sales in excess of 2 billion U.S. Dollars, Hindustan Lever is India's fastest growing and the largest consumer goods company, with leadership in home & personal care products, beverages and ice creams. 

References

•  Official site

  News

  Network

  M S Banga

 

Its product portfolio encompasses soaps, detergents, skin care products, hair care products, dental care products, tea, coffee, edible oils, culinary products such as tomato based products, jams, squash, staple foods such as salt and wheat flour and a range of specialty chemicals and agricultural produce. The company sells over a million tons of soaps and detergents annually. It is also India's largest food and beverages company and among the world's largest tea company. 

 

In 1888, Lever Brothers, England exported the first crates of Sunlight soap bars to India, followed by other now famous brands — Lifebuoy, Pears, Lux and Vim. (Fading Of A Pioneer, Telegraph, Correspondent or Reporter, Nov 05, 2007)

James Walker Michaels, the former editor of Forbes magazine, died. He was 86. With him, an era has come to a close. (Wizard Of Forbes, Indian Express, Manjeet Kripalani, Oct 09, 2007)

Can a business go green and yet make a profit? Professor Stuart Hart, a leading authority on sustainability and business strategy thinks it is just a matter of changing mindsets. (‘Business — More Than Government Or Civil Society — Is Equipped To Lead Us Towards A Sustainable World’, Indian Express, Sonu Jain, Aug 11, 2007)

A Kumbhakarna waking in India after sleeping since 1991, would have rubbed his eyes in disbelief. (Rise And Shine, Telegraph, Correspondent or Reporter, Jul 30, 2007)

Scojo has joined forces with more than 20 private companies and non-governmental organisations in developing countries. (Providing Cheap Eyeglasses To Poor Villagers , Deccan Herald, Correspondent or Reporter, Jul 30, 2007)

The farm sector grew at just 1.8 per cent per annum during the Tenth Plan period against the targeted four per cent. Stepping up public investment alone is unlikely to yield the desired results. (Sow The Right Strategies, Business Line, S. D. Naik, Jul 18, 2007)

India cannot afford to erode its knowledge advantage and needs to pay attention to academic research... (Remuneration Matters , Deccan Herald, S.L. Rao, Jul 14, 2007)

Ever since Metro Cash & Carry, the bulk-buying multinational wholesaler who targets the business and professional buyer rather than the end consumer, started its India operations in Bangalore in 2003, opinion has been divided on its presence in . . . . (Food For Thought, Frontline, Ravi Sharma , Jul 06, 2007)

The lack of customer orientation makes government ownership incompatible with other service businesses, writes S L Rao. (Government-Owned Businesses: Strategic Change Needed , Deccan Herald, Editorial, The Deccan Herald, Jun 30, 2007)

The title, The Case of the Bonsai Manager, at first blush, suggests a Perry Mason whodunit. The author quickly clarifies that it is, in fact, about how not to become like a stunted bonsai and grow to your full potential as a manager. (Of Mice, Mentors And Managers, Telegraph, R. GOPALAKRISHNAN, Jun 29, 2007)

With a population of one billion, it would not be difficult to say that the direct selling industry of the country would be anywhere between Rs 10,000 cr to Rs 15,000 cr by 2012, Indian Direct Selling Association (IDSA) Chairman P Sanker said. (Direct Selling Industry To Touch Rs 15,000 Cr, Deccan Herald, Correspondent or Reporter, Jun 25, 2007)

Construction of houses in south Chennai for 13,000 families affected by the tsunami will be taken up soon, Electricity Minister Arcot N.Veerasamy said on Wednesday. (Construction Of Houses For Tsunami Victims To Be Taken Up Soon , Hindu, Correspondent or Reporter, Jun 21, 2007)

Bulls were back with a bang on the Dalal Street on Tuesday and lifted Sensex by 215 points on the back of brisk buying by funds in heavyweight stocks led by bank and refinery scrips. (Sensex Vaults 215 Points, Pioneer, Correspondent or Reporter, Jun 20, 2007)

For many of us, the world is divided into two kinds of people — those who spend a lot of their time in cyberspace and conduct many of their personal transactions on the Net and those who don’t. (An Online Shopping Drive Isn’T That Smooth After All , Indian Express, Sucheta Dalal, Jun 04, 2007)

Marketing people talk of two Indias: ‘India’ and ‘Bharat’, signifying the difference between urban and rural Indian markets. Economists calculate the Gini coefficient to measure the extent of inequality. (Money For Some Things, Telegraph, S.L. Rao, Jun 04, 2007)

Strong bullish sentiment on Dalal Street helped Sensex close past the 14,500 mark, its fifth highest close on Tuesday. (Sensex Up 110 Pts, Pioneer, Correspondent or Reporter, May 30, 2007)

What lessons in management can we possibly learn from bonsai crocs, which are stunted because they are confined to a small enclosure soon after emerging from the egg? Or from the caterpillar whose transformation to a beautiful butterfly is so painful? (‘When You Reach The Limits Of Logic, Use Your Gut’, Indian Express, SUDIPTA DATTA , May 25, 2007)

The evolution of professional management in India is of absorbing interest to any thinking manager or student. (Insight Into Professional Management, Hindu, S. Ramachander, May 22, 2007)

Bulls, on the back of splendid rally by RIL, Larsen & Toubro, Hindustan Lever, Bharti Airtel and HDFC, lifted the Sensex by 197.98 points at 14,127.31. Nifty also gained 50.65 points and closed at 4170.95. (Sensex Holds 14k, Pioneer, Correspondent or Reporter, May 17, 2007)

The stock market opened on a weak note on Thursday with the benchmark Sensex declining by over 66 points following sustained selling by funds and retail investors. (Sensex Down 66 Points In Early Trade, Hindustan Times, Correspondent or Reporter, May 09, 2007)


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