The HUL had recently said that India continued to be among the top three priority markets for its parent, Unilever.
The maker of Dove soap and Pond’s in India has also confirmed plans to cut 1,500 jobs under the wider shakeup of its global operations.
The proposed changes mean that senior management jobs will be cut by about 15 per cent while junior management roles will be reduced by 5 per cent.
A series of three bids made by Unilever last year — the last on December 20 — were all rejected “on the basis that they fundamentally undervalued” the...
Leena Nair was a member of the Unilever Leadership Executive (ULE), which is responsible for delivering Unilever’s business and financial performance. She is...
