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Hindustan Unilever (HUL) gains CCI approval to acquire the parent company of beauty and personal care brand Minimalist, Uprising Science, for Rs 2,955 crore. HUL will acquire 90.5% of the shares initially, with plans for the remaining 9.5% within two years. The Minimalist team will manage the business for the next two years.
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As gold trades at elevated levels, investors are faced with a crucial decision: should they book profits or continue holding?
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​So, to a certain extent the market is trying to pencil in that earnings should start reviving at some point of time as we head into the first half, both as a combination of better monsoons, aiding global recovery, and consumptions improving because of the tax cuts that we have probably seen.
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