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FMGC Hindustan Unilever and Godrej Consumer Products cut prices of soap brands by 15%. HUL has reduced prices of its offerings under popular soap brands Lifebuoy and Lux by 5 to 11 per cent in the western region. The spokesperson however denied reports about reduction in prices of other brands such as Surf, Rin, Wheel, and Dove.
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Patanjali Ayurved, the FMCG venture promoted by yoga guru Baba Ramdev, will invest Rs 1,000 crore next year on expansion and plans to sharpen focus on e-commerce and exports.
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Shares of FMCG major Hindustan Unilever Ltd Monday settled nearly 4 percent higher after the company reported 3.68 percent increase in standalone net profit for the first quarter ended June 30, 2014-15.






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