The Indian unit of Unilever Plc is battling a slowing rate of growth in revenue and profits while its share price is lagging. — Reuters
THE largest consumer company in the world’s most populous nation has provided everyday products from detergent to instant coffee to Indians for decades.
Now Hindustan Unilever Ltd is seeing its fortunes flag as an increasingly sophisticated consumer class with disposable incomes demands more. The Indian unit of Unilever Plc is battling a slowing rate of growth in revenue and profits while its share price is lagging.
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