Fast-moving consumer goods company Hindustan Unilever (HUL) standalone net profit increased by 12% to Rs 2,505 crore. The company had reported a profit of Rs 2,243 crore in the year-ago period. The company’s standalone revenue from operations came in at Rs 15,228 crore, up 16% against Rs 13,092 crore logged in the corresponding quarter of […]
Global stocks were pressured on Friday and safe-haven buying supported government bonds as concerns about the stability of the banking system lingered. The MSCI World share index traded 0.6% lower. Europe’s STOXX 600 index was down 1.6%. A STOXX sub-index of bank shares, which has swung wildly this week as traders debated if a forced […]
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