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MUMBAI: HUL on Thursday named Priya Nair, who heads parent Unilever's beauty & wellbeing business, as MD & CEO. Nair, who joined HUL 30 years ago, will be the first woman to lead the consumer goods giant. The London-based Nair, 53, will take over the corner office in Mumbai on Aug 1, succeeding Rohit Jawa who will step down as MD & CEO on July 31. Jawa, who led HUL for a little over two years, was appointed for a five-year term ending June 26, 2028. His predecessor Sanjiv Mehta had held the CEO' ...Read More >
MUMBAI: In a setback to Subhash Chandra and his family, shareholders of Zee Entertainment Enterprises rejected a Rs 2,237-crore capital infusion proposal, thwarting the founding clan's attempt to increase ownership to 18% from 4% in the broadcaster. The development restricts the family from wielding greater influence over the company where public shareholders have repeatedly defeated key management resolutions. The special resolution failed to secure the required 75% shareholder approval, with t ...Read More >
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