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HUL Approves 1:1 Demerger Ratio, Paves Way For Kwality Wall’s Listing

Hindustan Unilever Ltd. said on Wednesday that it plans to list its demerged ice-cream business on the bourses within a year.

On Wednesday, the board of HUL approved the demerger plan for its ice cream operations into a separately listed entity. Shareholders of the company will get one share of…

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Nifty Recovery Hinges On Sustaining Above 23,000

Disappointing GDP growth numbers indicate a slowdown in the economy, says Congress