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Priya Nair's appointment as HUL's first woman MD & CEO has boosted investor confidence, with the stock rising by 5%. Nair is expected to revitalize the company amidst slowing growth and competition from D2C brands. Analysts are optimistic about her track record of improving profit margins and driving growth through premiumization and strategic shifts, leveraging her extensive experience within HUL.
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Religare Enterprises is set to raise 1,500 crore through preferential allotment of warrants, with the Burman family of Dabur contributing 750 crore. Other investors include Ashish Kacholia, Hindustan Times group, Ashish Dhawan and JM Financial. The capital will fuel business growth, strategic initiatives, and new opportunities across Religare's diverse financial services.
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News and Media
Repeatedly borrowing more is not a long-term solution to rising day-to-day spending pressures.
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News and Media
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