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Unilever considers carving out its food business; India won't be part of McCormick deal
Unilever is in advanced talks to combine its global foods business with McCormick & Company. The deal, potentially worth $15.7 billion, will exclude Unilever's India foods operations. Hindustan Unilever's foods business remains a core part of its strategy. Discussions are ongoing, and an agreement could be reached soon. This move aims to reshape Unilever's portfolio.
cityfalcon.com·5d ago
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HUL rebuts divestment buzz, says foods business ‘core’ as Unilever confirms talks after inbound offer
Hindustan Unilever has denied speculation of divesting its foods business, stating it remains a core and attractive segment. Parent Unilever confirmed talks with McCormick & Company following an inbound offer, but emphasized no deal is certain. The Indian foods business, generating over ₹15,000 crore annually, is a key pillar of HUL's strategy.
cityfalcon.com·15d ago
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Hindustan Unilever, FCDO and EY Support Indian Startups to Accelerate Circularity and Climate-smart Agriculture
MUMBAI, INDIA, March 11, 2026 /⁨EINPresswire.com⁩/ -- To accelerate India-led sustainability innovation, TRANSFORM – a collaboration between Unilever, the UK Government (FCDO) and EY – has announced grant funding and technical assistance to four …
cityfalcon.com·24d ago
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Nifty risks a fall to 24,000 if 24,300 support breaks: Analysts
The Nifty could remain volatile next week as geopolitical tensions in West Asia persist. The index closed near a key support zone of 24,400 on Friday, and a break below could drag it to 24,300, and then to 24,000, while a move above the 24,700–24,800 zone is needed to stabilise sentiment, analysts said.CHANDAN TAPARIA HEAD - DERIVATIVES & TECHNICALS, MOTILAL OSWAL FINANCIAL SERVICESWhere is Nifty headed? Nifty has been making lower top - lower bottom on weekly charts and corrected by more than 2,000 points from 26,341 to 24,305 in the last four weeks. Now till it holds below 24,700 zones, the immediate structure could remain weak to test the next meaningful support of 24,000–23,850 zones, while on the upside, hurdles are shifting lower at 24,700 and 24,850. Trading Strategies: The recommended strategy for Nifty Option for the next weekly, 17 March 2026, expiry is a Bear Put Spread. Traders are advised to buy one lot of 24,400 strike Put option and simultaneously Sell one lot of 24,000 strike Put option.
cityfalcon.com·27d ago
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Top-10 Firms Lose ₹2.18 Lakh Crore In A Week, Bharti Airtel Sees Biggest Erosion
Nine of India’s top-10 most valued companies together lost over Rs 2.18 lakh crore in market value last week amid weak stock market sentiment and global uncertainty. Telecom major Bharti Airtel recorded the sharpest fall, while Hindustan Unilever was the only company that managed to post gains.
cityfalcon.com·1mo ago
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