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Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Investors expect the FMCG major to get back on the growth track in the quarters ahead, but protecting margins at the same time could be tough.
There’s no way to know how Priya Nair evaluates her first year as managing director and chief executive of Hindustan Unilever. She was flown in last August to replace Rohit Jawa, just two years into his five-year term, in a surprise move by parent Unilever to revitalize its operations in India, a market crucial to the British consumer goods giant.
But going by the first-quarter results, released on Tuesday by HUL—the bellwether of India’s fast-moving consumer goods (FMCG) industry—Nair may have reasons to be both optimistic and wary.
Q1 was among its better quarters in a while. In the first …
