IIM-B prof Deepak Malghan declines invite to 15 June convocation of MDI Gurugram, which has invited Sanjiv Mehta, CEO and Managing Director of HUL, as chief guest.
MDH has rubbished reports of a takeover by Hindustan Unilever Ltd. It's a company that journeyed from a shop in Sialkot to become one of India’s leading spice producers.
Hindustan Unilever indicated that inflationary pressures were likely to persist, spooking investors. Its shares slipped 4% at the close of trading — the most since early May.
The 2005 ad flipped the game of advertising women's beauty products by focusing gaze on a man instead of sexualising women. Some argue it didn't really work, others applaud the bold move.
Hindustan Unilever’s shares rose as much as 1.8% after the results were announced, before giving up the day’s gains almost entirely by the time markets stopped trading.
The optimism, though, is yet to translate into gains for investors as Hindustan Unilever’s shares underperform while the IMF further slashed India's economic growth forecast.
Unilever will be stopping ads on platforms like Facebook & Twitter as part of a US campaign aimed at building pressure on social media sites to crack down on hate speech.
India and Bangladesh should remain alert and remember that Turkey’s increasing role in Dhaka’s defence capabilities goes against India’s security and strategic interests.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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