Tag: HUL

  • CEAT appoints HUL’s Priya Nair as additional director

    CEAT appoints HUL’s Priya Nair as additional director

    KOLKATA: Tyre manufacturer CEAT has appointed Hindustan Unilever Limited’s Priya Nair as additional director in the capacity of independent director. Her appointment is effective from 27 October, for a tenure of five years.

    Nair is vice president – beauty and personal care at Unilever South Asia, where she's responsible for the business across India, Pakistan, Bangladesh, Sri Lanka and Nepal. Her duties include business delivery on top line and bottom line by creating and delivering a strategic plan for the business. She has also served as executive director of the home care segment at HUL.

    She has led sustainability initiatives for HUL with a focus on the WASH (water, sanitation, hygiene) programme for the company. Reaching over 140 million people under the Swachh Aadat Swachh Bharat initiative, it educates consumers to adopt three clean habits of washing hands with soap, drinking clean purified water and using a clean toilet.

    One of the most influential women marketeers in India, Nair was invited by Niti Aayog to participate in the Champions of Change programme.

  • HUL ramps up ad spends in second Covid2019 quarter

    HUL ramps up ad spends in second Covid2019 quarter

    BENGALURU: FMCG major and the largest player in terms of advertising and marketing spends, Hindustan Unilever (HUL) upped its advertising spends by 43 per cent during the second Covid2019 quarter – (Q2 2021, the quarter ended 30 September 2020, quarter or period under review) as compared to the immediate trailing quarter Q1 2021. The company had pared quarter over quarter (q-o-q) and year-on-year (y-o-y) advertisement expenses in the first quarter of fiscal 2020 (Q1 2021, quarter ended 30 June 2020) during which the Covid2019 lockdown was in place by over 30 per cent to Rs 800 crore from Rs 1,175 crore (down 31.9 per cent) in Q4 2020 and Rs 1,167 crore (down 31.4 per cent) in Q2 2020 respectively. For the period under review, HUL spent Rs 1,144 crore towards advertisement expenses as compared to Rs 1,200 crore in the corresponding year ago quarter. All numbers in this report are consolidated numbers unless stated otherwise.

    The company reported 15.2 percent y-o-y and 8.2 percent q-o-q increase in total revenue at Rs 11,776 crore as compared to Rs 10,223 crore in Q2 2020 and Rs 10,885 crore in Q1 2021 respectively. However, in terms of percentage of total income (operating revenue plus other income), HUL’s ad spends during fiscal 2021 were down when compared to previous periods. The FMCG major’s ad spends in Q2 2021 of Rs 1,144 crore were 9.7 percent of operating revenue of 11,776 crore. Please refer to the figure below:

    For the half year ended 30 September 2020 (H1 2021) the company had spent Rs 1,944 crore (8.6 percent of total revenue), which was 17.9 per cent lower than the Rs 2,367 crore (11.4 per cent of total revenue) during the corresponding year ago quarter. For FY 2020 and FY 2019, HUL had spent Rs 4,688 crore (11.9 per cent of total revenue) and Rs 4,552 crore (11.7 per cent of total revenue) respectively.
    The company reports numbers for four segments, the largest of which in terms of revenue is the beauty segment, followed by the home, foods & refreshments, and ‘Others’.

    The company has reported y-o-y revenue growth for the four segments. In an earnings press release, HUL said that growth in Q2 2021 was competitive and profitable with reported turnover growth of 16 per cent and domestic consumer growth (excluding the impact of merger of GSK CH and acquisition of ‘VWash’) of 3 per cent. The FMCG player avers that the strength of its portfolio is demonstrated by the fact that 70 per cent of its business was gaining penetration and that health, hygiene and nutrition products, which formed cumulatively 80 per cent of its portfolio, grew in double digits.

    Company Speak:

    HUL chairman and managing director Sanjiv Mehta said: “In the context of a challenging economicenvironment, our growth has been competitive and profitable. We continue to demonstrate execution prowess,agility, adaptability, resilience, and passion of our people. We have expanded our portfolio with consumerrelevant innovations and have invested strongly behind our brands. Our operations and service levels are now back to pre-COVID levels and we have accelerated the pace of digitizing our operations under the ‘Re-imagine HUL’ agenda. The economic outlook has improved given the various initiatives taken by the Government and Reserve Bank ofIndia. In our sector, rural markets have been resilient but the demand in urban India especially in metropolitancities has been muted. We believe that the worst is behind us and we are cautiously optimistic on demand recovery.”

    Segment Results

    Excerpts from the HUL Q2 2021 earnings release

    Home Care:

    Household Care delivered strong performance across all segments led by continued penetrationgains. We have stepped up our innovation intensity to address the ‘clean living’ needs of consumers; ‘Domex’ range is now available nationally. In Fabric Wash, we have reduced our prices to pass on benefits of lowercommodity costs to consumers. Category consumption of Laundry has been adversely impacted due to confinedliving. Continued focus on driving market development has enabled us to grow our Liquids and Fabric Sensationsegments strongly.

    Beauty & Personal Care:

    Skin Cleansing grew in double digits on back of a very strong performance in ‘Lifebuoy’and a good delivery in ‘Lux’. Hand Sanitizers and Handwash segments continue to gain penetration and havedelivered robust growths. Oral care grew in double digits with accelerated momentum in ‘Close Up’. Hair Care alsogrew in double digits; our portfolio interventions along with repurposed communications are resonating well withconsumers and driving salience. In Skin Care, ‘Glow & Lovely’ and ‘Glow & Handsome’ have successfully landed onshelves across the nation and we continue the journey towards a more inclusive vision of beauty. While theessential part of Skin Care saw pickup in demand, ‘winter portfolio sell-in’ was impacted due to muted tradesentiment and liquidity constraints.

    Foods & Refreshment:

    Foods, Tea and Coffee sustained the high growth momentum and grew in double digits; ourconsumer-focused activations and innovations are leveraging the ‘in-home consumption’ trend. Our prudent anddynamic management of unprecedented inflation in Tea has enabled all our brands to grow in double digits andthis positions us well. Performance of our Nutrition business was competitive and disrupted supply lines are nowfully restored. In the quarter, we expanded ‘Boost’ nationally with the narrative of ‘Play a bigger game’ andlaunched a special film on ‘Horlicks’ to celebrate the deeper meaning of growth that stems from courage andconfidence. While we saw sequential improvement, Ice Creams, Foods Solutions and Vending businesses continueto be impacted due to out-of-home consumption loss.
     

  • HUL’s Profit for Q2 2020 grew by 8.7%

    HUL’s Profit for Q2 2020 grew by 8.7%

    HUL, the major FMCG major and a leading advertiser, has reported a profit of Rs 2,009 crore in the quarter ended September 2020, against the Rs 1848 crore in the same period last year recording a growth of 8.7 per cent.

    It was further reported that the overall sales grew by 16 per cent during the quarter. Underlying domestic quarter business sales also grew by three per cent during the quarter.

    The BSE filing further mentioned that the revenue from operations increased 16.1 percent to Rs 11,442 crore in Q2FY21 compared to Rs 9,852 crore in corresponding period last fiscal. EBIDTA for the quarter stood at Rs 2,869 crore against Rs 2,443 crore in same period last year. It grew by 17 per cent and margin improved by 30 bps.

    The profit after tax before exceptional items for the quarter stood at Rs 2,035 crore against Rs 1,832 crore in the same period last year. It grew by 11 per cent.

    The board has declared an interim dividend of Rs 14 per equity share of face value of Rs 1 each for the period ended September 2020.

    Read more news on HUL

    HUL CMD Sanjiv Mehta said, “In the context of a challenging economic environment, our growth has been competitive and profitable. We continue to demonstrate execution prowess, agility, adaptability, resilience and passion of our people. The company’s operations and service levels are now back to pre-Covid levels and they have accelerated the pace of digitizing the operations under the ‘re-imagine HUL’ agenda.”

    “The economic outlook has improved given the various initiatives taken by the government and Reserve Bank of India. In our sector, rural markets have been resilient but the demand in urban India, especially in metropolitan cities has been muted. We believe that the worst is behind us and we are cautiously optimistic on demand recovery,” he added.

    HUL shared that its household care segment delivered strong performance across all segments led by continued penetration gains. The brand has reduced the cost of fabric wash to pass on benefits of lower commodity costs to consumers. The category consumption of laundry has been adversely impacted due to confined living. “Continued focus on driving market development has enabled us to grow our liquids and fabric sensations segments strongly,” the filing further mentioned.

    The company’s skin cleansing segment grew in double digits on back of a very strong performance in ‘Lifebuoy’ and a good delivery in ‘Lux’.

    Its hand sanitizers and handwash segments continued to gain penetration and have delivered robust growths. Its oral care grew in double digits with accelerated momentum in ‘Close Up’, while hair care also grew in double digits. Its skin care brands ‘Glow & Lovely’ and ‘Glow and Handsome’ also continue to grow.

    Food, tea, coffee sustained the high growth momentum and grew in double digits. Its performance of nutrition business was competitive and disrupted supply lines were completely restored. However, ice creams, food solutions and vending machines continue to be impacted as the out-of-home consumption was affected.

    “Our strong savings funnel, judicious and calibrated pricing in tea, synergies in nutrition have enabled us to successfully manage headwinds of commodity inflation and adverse mix,” HUL said in a release.

    “We have significantly increased our investments behind our brands and our spends continue to be competitive,” it added.

    HUL commands a large portfolio of brands across categories and it is one of the largest advertisers of the country. 

  • Sunlight, SVF Brands launch #SunlightJibonerRong campaign for Durga Puja

    Sunlight, SVF Brands launch #SunlightJibonerRong campaign for Durga Puja

    KOLKATA: Amid the Covid2019 pandemic, Hindustan Unilever’s detergent brand Sunlight has launched a new campaign telling people that they can make the best of present circumstances, enjoy the Durga Puja festivities and live life in colour.

    Conceptualised by Mindshare India and SVF Brands, the #SunlightJibonerRong campaign celebrates the colours of life through a music video featuring renowned actors Alaknanda Ray, Srabanti Chatterjee and Abir Chatterjee. The soundtrack is composed by Ranajoy Bhattacherjee and sung by Bengali playback singer Lagnajita Chakraborty.

    Directed by Dhrubo Banerjee, the music video exhibits the magnificent display of Kolkata’s Bonedi Bari (grand old mansions owned by aristocratic families) Durga Puja, setting a familiar festive mood for the audience. The creative concludes on a note of heart-warming family-feeling and brings forth the true essence of pujo. Through this ad, Sunlight wants to drive home the message that no matter the situation, Sunlight wants them to live life in colour and hold on to the colours of life forever.

    Dhrubo Banerjee, the director of the Sunlight Jiboner Rong music video said, “My main focus was to make the video resonate with the lyrics of the song. The scenes of the videos are capable of evoking a feeling of happiness and positivity amongst the audience. I hope this Puja song helps people enjoy the different colours of Durga Puja.”

    SVF Brands head Arindam Biswas said: “The campaign beautifully expresses the essential features of Sunlight as a brand in the light of festivity. This year Durga Puja is unfortunately not the same as always because of Covid. The goal was to deliver an emotional content to the audience that they can relate to, also with the brand message perfectly embedded in it.”

    Hindustan Unilever GM – fabric care Nitish Bhalotia added, "Sunlight is an iconic brand in West Bengal and the brand's message is all about celebrating the colours of life. It encourages people to "live life in colour" whatever be the context or situation. Through this video song #SunlightJibonerRong we want to inspire everyone to be safe, make the most of the situation, keep their spirits high and enjoy the myriad colours of the Puja."

  • HUL survey: Only 38% women in India get to define their identity themselves

    HUL survey: Only 38% women in India get to define their identity themselves

    NEW DELHI: HUL’s beauty brand Glow & Lovely has unveiled the findings of the recently conducted ‘Identity Survey’ which revealed that only 38 per cent Indian women actually get to define their identity on their own terms. The survey was conducted with the aim to understand the thoughts and concerns that Indian women have in relation to their identity which has laid the ground for the brand’s narrative of #IChooseMyGlow and the ‘Glow Ko Na Roko’ campaign.

    ‘Glow’ reflects the personality and individuality of every woman, who focuses on pursuing her dreams and is a celebration of the inner confidence she radiates. This is reflective of a more inclusive form of positive beauty that complements their need to have the choices to define their identity. This was the starting point for the research that delved deep into how a woman’s self is defined and what hurdles are faced while embracing it.

    Some of the highlights of the report are as follows:-

    66 per cent women would compromise their identity for the sake of others

     There has been a paradigm shift in the 21st century, with women being vocal participants in society instead of passive observers. However, majority of Indian women would still not think twice before putting others’ needs before them. They would knowingly compromise their identity for their family, partners or society if required.

    Society (36.4 per cent) is the biggest roadblock for women

    While women in India would like to make their own decisions, they have been conditioned to listen to others. Society (36.4 per cent), family (31.4 per cent) and partners (18.2 per cent) are major hurdles that keep women from choosing their own identity. It will require the support of society to encourage women to embark on the journey of choosing their own identity.

    93 per cent women feel a girl’s identity is as important as a boy’s

    There has been an apparent shift when it comes to conversations around gender and equality. Women feel that female and male identity are equally important; however, they still hold back in certain instances. This is corroborated by the Identity Survey finding above that 66 per cent women would compromise their identity for their family, partner or society if required.

    Women’s freedom to make their own choices depends on certain key factors

    Women’s ability to exercise their will is directly linked to female happiness (21.7 per cent), confidence (18.1 per cent) and respect (12.7 per cent). Traditionally, women have single-handedly shouldered the responsibility of home as well as professional life. However, one has always taken precedence over the other. Making their own choices has always been synonymous with a feeling of guilt. Today’s woman does not link this feeling of guilt when it comes to choosing her own identity. A woman’s freedom to choose her own identity brings her positivity and a sense of dignity. This freedom of choice is directly linked to her happiness and confidence.

    HUL executive director – beauty and personal care (BPC) Priya Nair said, “We’ve been driving the evolution of Fair & Lovely for several years to progressively move to a more inclusive vision of beauty. With the introduction of Glow & Lovely, we are very excited about this new chapter in the brand’s journey that celebrates every woman’s ‘glow’. Extensive research showed us that ‘glow’ resonates with our consumers as one of the best articulations of what the product does, while also reflecting the personality and individuality of the woman of today. Glow then become the starting point for the ‘Identity Survey’, which aimed to find out the definition of female identity in India.”

    “The narrative #IChooseMyGlow and GlowKoNaRoko campaign upholds the principle and our belief that no correlation should be made between skin tone and a person’s achievement, potential, beauty or worth and that a woman’s identity should be defined by her. We hope that the true meaning of ‘glow’ and this narrative will resonate strongly with women across the country,” she further added.

    Clinical Psychologist & Psychotherapist Varkha Chulani said the results of the Identity Survey – which pointed out that majority of women (in metros and non-metros) are yet to understand that identity is simply a meaning of ‘self’ without association to any ‘other’ – is an eyeopener.

    “Female identity in India has rarely been a conversation. It is well known that even today, identity of many women is defined by their parents, relationships, with society being the biggest challenge when it comes to defining their self. It is critical that we normalize conversations around female identity to give them the freedom to make their choices and harness their true potential,” she said.

    The campaign #GlowKoNaRoko and the narrative #IChooseMyGlow is also in conformity with the brand’s purpose of promoting women empowerment through the GAL Careers. GAL Careers is a companion to women who want to make a mark and define their unique journeys with confidence and self-belief. It plays a key role in helping young women access employability skills through scholarships, career guidance, training courses and job opportunity listings.

    GAL careers has so far reached 1.25 million women across South Asia and Indonesia.

    #IChooseMyGlow is in line with HUL’s recent announcement of the next step in the evolution of its skin care portfolio while rebranding its flagship brand Fair & Lovely to Glow & Lovely. As a part of a decade-long transformation towards a more inclusive form of positive beauty, words such as ‘fair/fairness’, ‘white/whitening’, and ‘light/lightening’ and terms or visuals that could indicate a fairness-led transformation are no longer included on the product packaging and brand communication.

    Research Methodology:

    The research, conducted by Toluna India, surveyed women in the age group of 18-45 years across both metros and non-metros. The survey was rolled out digitally and involved a series of multiple-choice questions. 

  • BARC week 39: Kia Sonet & Wheel Active are among top brands

    BARC week 39: Kia Sonet & Wheel Active are among top brands

    NEW DELHI: The Broadcast Audience Research Council (BARC) of India has released its data for top advertisers and brands for the period between 26 September to 2 October 2020.

    The data reflects the top 10 advertisers and brands across genres on India television, 2+ Individuals, NCCS All demonstrating ads that were inserted the most in week 39 of 2020.

    Top Advertisers: –

    Hindustan Unilever continued to be the biggest advertiser this week also with 305652 ad generations. It was followed by Reckitt Benckiser India with 190365 ad impressions.  

    In a first, Brooke Bond India bagged the third spot with 41342 ad impressions.  ITC Ltd and Godrej Consumer Products placed fourth and fifth on the list with 37714 and 31462 ad impressions respectively.  

    Ponds India secured the sixth spot with 28307 ad insertions.

    Other top advertisers in the pecking order were as follows: Colgate Palmolive India, Cadbury India, Amazon Online India Pvt, and Wipro.

    Top Brands:

    Dettol dominated the top ranks, with the brand’s Antiseptic Liquid taking first with 25565 ad impressions and its Toilets Soaps range securing the second position and got 23692 ad impressions. Direct competitor Lizol had grabbed the sixth position the week before with 12830 ad insertions but this week it has climbed to third position in the list with 17614 ad views.

    The fourth and fifth spots went to Glow & Lovely and Surf Excel easy wash with 14527 and 14189 ad insertions respectively.

    Clinic Plus Shampoo came in sixth with 14136 ad insertions.

    Wheel Active 2 in 1, Dettol Liquid Soap, Colgate Dental Cream, and Kia Sonet rounded out the top 10.

  • BARC week 38: Dettol Antiseptic Liquid continues to be the top brand

    BARC week 38: Dettol Antiseptic Liquid continues to be the top brand

    NEW DELHI: The Broadcast Audience Research Council (BARC) of India has released its data for top advertisers and brands for the period between 19 September to 25 September 2020.

    The data reflects the top 10 advertisers and brands across genres on India television, 2+ Individuals, NCCS All demonstrating ads that were inserted the most in the 38 The data reflects the top 10 advertisers and brands across genres on India television, 2+ Individuals, NCCS All demonstrating ads that were inserted the most in the 38 week of 2020.

    Top advertisers:

    Hindustan Unilever continued to be the biggest advertiser this week also it has got 242618 ad impressions.  It was followed by Reckitt Benckiser India which ranked second with 195302 ad impressions.  

    ITC Ltd still continues to be on the third spot with 48785 ad views, as compared to 51140 last week’s insertions. Godrej Consumer Products Ltd and Colgate Palmolive India secured the fourth and fifth place with 42699 and 33763 insertions respectively.

    Brooke Bond India bagged the sixth spot with 32712 ad insertions.

    Other top brands in the pecking order were as follows: Cadbury India, Amazon Online India Pvt, Ponds India and Wipro.

    Top Brands-

    Dettol Antiseptic Liquid became the top brand this week with 29903 ad impressions. Dettol Toilet Soaps this time came in the second position with 24589 ad insertions. Glow & Lovely bagged the third spot with 17508 ad impressions.  

    The fourth and fifth spots were acquired by Dettol Liquid Soap and Colgate Dental Cream with 16135 and 14999 ad insertions respectively.

    The sixth position was grabbed by Lizol for the first time in the last so many weeks with 12830 ad insertions.

    Other top brands in the pecking order were as follows: Clinic Plus Shampoo, Amazon.in, Policybazaar.com, Lux Toilet Soap.

  • BARC Week 37: Dettol Antiseptic Liquid is back as top brand

    BARC Week 37: Dettol Antiseptic Liquid is back as top brand

    NEW DELHI: The Broadcast Audience Research Council (BARC) of India has released its data for top advertisers and brands for the period between 12 September to 18 September 2020.

    The data reflects the top 10 advertisers and brands across genres on India television, 2+ Individuals, NCCS All demonstrating ads that were inserted the most in the 37 week of 2020.

    Read more news on BARC
      
    Top advertisers:

    Hindustan Unilever continued to be the biggest advertiser this week it got 209190 ad impressions. It was followed by Reckitt Benckiser India which ranked second with 181213 ad impressions.

    ITC Ltd bagged the third spot with 51140 insertions. Godrej Consumer Products Ltd and Procter & Gamble secured the fourth and fifth place with 45642 and 32516 insertions respectively.

    Cadbury India bagged the sixth spot with 31678 ad insertions.

    Other top brands in the pecking order were as follows: Colgate Palmolive India, Brooke Bond Lipton India, Procter & Gamble Home Products, Amazon Online India Pvt.

    Top Brands-

    Dettol Antiseptic Liquid became the top brand this week with 34730 ad impressions. Dettol Toilet Soaps this time came in the second position with 24743 ad insertions. Dettol Liquid Soap bagged the third spot with 20787 ad impressions.  

    The fourth and fifth spots were acquired by Glow & Lovely and Surf Excel easy wash with 17844 and 11623 ad insertions respectively.

    The sixth position was grabbed by WhiteHat Jr for the first time in the last so many weeks with 11406 ad insertions.

    Other top brands in the pecking order were as follows: Dettol Disinfectant Spray, Jeevansathi, Disney+ Hotstar VIP and Colgate Dental Cream.

  • Bigg Boss 14:  The brand countdown has begun

    Bigg Boss 14: The brand countdown has begun

    MUMBAI: A century. That’s what Viacom18 head of network sales Mahesh Shetty is hoping to hit with the fourteenth edition of celebrity reality show Bigg Boss. “It will be great if we manage to hit last year’s 100 advertiser landmark we did with the show,” says Shetty.

    Recently, the sales team once again signed on Capital Foods Ching’s Secret as an associate sponsor for the show. It already has e-sports and mobile gaming league platform MPL as presenting sponsor, while Dabur Dant Rakshak Ayurvedic Paste and HUL’s Tresseme have come on as co-powered by sponsors.

    It looks like Shetty has his work cut out for him with only around a fortnight to go before the show starts filming in Mumbai’s Film City on 3 October. However, he is confident that the sponsorship and advertising contracts will start rolling in faster now.

    Says he: “It’s not that this is the first time the team that is selling Bigg Boss is facing environmental pressure. At some point of time there was demonetization followed by GST, which created huge pressure on the economy. The feedback that we got from brands who wanted to associate with us has been phenomenal. I’ll give the credit to the equity of Bigg Boss and to my team also.. I am very optimistic about this season as well. We are expecting the same traction this year itself.”

    Read more coverage on Bigg Boss

    He further explains why he is not worried. Says Shetty: “There are certain brands who come on board for the entire season while others come only for half-season. Some of our key brands have been associated with us since the last season. We have 106 episodes, so there are many brands who wish to come in the later part of the show. Apart from that a lot of revenue comes from the Free Commercial Times (FCT).”

    He has no regrets that he has pegged the advertising and sponsorship rates at least year’s levels when Star Sports has managed to command higher pricing for its IPL inventory than last year. Explains Shetty: “It is not a short-term relationship as some brands also come back. We have kept similar rates as last year because Bigg Boss is a 106-day property. At the end of the day, it is a demand-supply game.“

    He is hopeful that Bigg Boss this year will be able to command higher sticker prices than the Rs 300,000-350,000 per 10 second spot that it did last year. “Depending on how the property performs and demand-supply it creates, we will look at increasing the prices. When the show starts and if the demand is very good, we will definitely hike the prices,” he says.

    Shetty’s opinion is that very platforms can offer the brand integration that Bigg Boss does.”I don’t think there is any property like Bigg Boss when it comes to brand integration and brand engagement. The show not only gives them a wide visibility and reach, but helps them connect with the end consumer,” says he. “We engage very deeply with brand owners, and not just with the agency. Every integration of ours is something that we kind of take them through, also at the same time our programming team, people who run the show are very well equipped and experienced.

    Shetty points out to how last year presenting sponsor Vivo used the platform to showcase the video features of its brand new phone the V17 Pro. For Dabur, the programming team innovated by enrolling contestants of season 13 – Shehnaz Gill, Madhurima Tuli, Rashmi Desai, Mahira Sharma, and Shefali Bagga to promote Dabur Amla Hair Oil while walking the ramp after they were tasked by Salman Khan to do so. Shefali Zairwala and Aarti Singh became the hair stylists for the ramp walkers. Siddharth Shukla, the ultimate winner of the season, and Asim were the judges and chose Shehnaz Gill as the winner. “Again, it was very entertaining and brands’ core values got communicated. It is something you will see again this year,” says Shetty.

    He is quite emphatic that advertisers will hitch themselves to the Bigg Boss bandwagon. “Today, if there is so much traction for IPL, it is because there isn’t anything like IPL. In the same way, I would say there is nothing really like Bigg Boss. It’s not just another property,” he says. “It starts on 3 October goes on all the way till January 2021. It covers all the key festivals from Dussehra to Diwali, Christmas, New Year, and Sankranti. In terms of consumer spending, this entire period is a big chunk as far as consumer spending goes. So brands would want to latch upon the properties like Bigg Boss.

  • CNBC-TV18, in association with HUL, invites the top B-schools of the country for the 12th edition of its prestigious competition L.I.M.E

    CNBC-TV18, in association with HUL, invites the top B-schools of the country for the 12th edition of its prestigious competition L.I.M.E

    The pandemic has forced the nation to look at digital innovations and inventions in order to keep businesses and the economy running. Keeping the current situation in mind, CNBC-TV18, along with Hindustan Unilever Limited, leveraged its extensive online presence and successfully announced the launch of ‘Lessons in Marketing Excellence – Season XII’, on 28th August 2020 at 4pm via a virtual event. Exemplifying this approach through its fundamental/core theme ‘Thriving in the new normal’, the event grants an opportunity for all the young and budding marketers from prestigious B-schools across the country, a collaborative platform to face challenges inspired from the real-life scenarios. 

    Taking forward the new season to further heights, the competition witnessed the inclusion of past participants and successful marketers with the aim to have a community of esteemed industry that guides the participants. These past participants re-lived their experience on L.I.M.E. and shared their advice to the students participating this year,sharing with them immense insight and direction. With the competition offering bright minds the platform to work on real-life & live business challenges, the digital event saw these experts shed light on the issues of compromised customer service, the growing customer anxiety in the lockdown and negative business growth outlook as well as raised pertinent  questions on the effectiveness and sustainability of customer service models. 

    Discussing the same, the event kicked off with an insightful discussion led by Shereen Bhan, Managing Editor, CNBC-TV18 on the above-mentioned theme along with industry veteran Sanjiv Mehta, Chairman & Managing Director, HUL in a fireside chat. In addition to the above, Dr. Hemalatha R, Director of ICMR – National Institute of Nutrition spoke on ‘Nutrition and Hygiene’, while Sudhir Sitapati, Executive Director of Foods & Refreshment, HUL voiced his opinion about ‘Marketing in the New Normal’. The event also featured several panelists like Tarun Katial, CEO of ZEE5 India; Anupriya Acharya, CEO of Publicis Group;  Anuradha Razdan, Executive Director, HR of HUL and Dr. P.V. Ramana Murthy, Executive Vice President and Global Head – Human Resource of IHCL (Taj group) who participated in a Panel Discussion with Shibani Gharat, CNBC-TV18 on the topic of  ‘Managing workforce in the new normal’.

    Commenting on the success of the event, Shereen Bhan, Managing Editor, CNBC-TV18 stated, “Over the last 12 years, L.I.M.E has developed into a platform where the industry and companies can directly interact with India's best MBA students and hear what they bring on the table. This year is no different, as we added to the grandeur and legacy of the competition by forming an Alumni of L.I.M.E with the previous participants to help this year’s students. We would also like to thank HUL, who have been with us on this journey. As we look to impart a host of life lessons to these budding marketers, the biggest takeaway/lesson/success for us has been the ideas suggested by these students, over these 12 years, been adopted and executed by leading companies across diverse sectors. That truly is testament to what we aim to achieve through this competition every year. While they may be countless B-school challenges, none have had the vision and scope of L.I.M.E to leave behind an indelible mark on the country’s future.” 

    The competition has already begun and we have received an overwhelming response of more than 21,000 registrations across India’s Top B-Schools. To know more you can visit the mentioned link: http://www.limeonline.org/