Piramals bought the bungalow in 2012 from Hindustan Unilever for over Rs 450 crore. Hindustan Unilever had a training centre at Gulita before this.

An analysis of BT 500 data shows double-digit income growth and improvement in debt-servicing capabilities, though valuations are on the higher side.

Reliance Industries dethroned Tata Consultancy Services from the top spot, clocking growth of 50.8%. HDFC Bank retained the third position.

Strategies such as localisation as well as premiumisation and an entrepreneurial work culture have enabled HUL become the fifth most valuable company in BT 500.

The market cap of BT 500 companies rose 23.4 per cent during 2017/18, but things could get difficult going ahead.

In the early days we based it on the market cap of the companies as on March 31. Like in everything else, there is change.

TCS, RIL and Infosys took a severe beating in market valuation while only two bluechips, HDFC and ICICI Bank, managed to record gains in market capitalisation this week.

Of late concerns over margins hover around FMCG sector owing to a surge in crude oil prices and a depreciating rupee, which pushed up the costs of raw material for the FMCG companies.

The anti-profiteering provisions, as expected, have opened a can of worms with some of the verdicts of the National Anti-profiteering Authority (NAA) raising concerns among businesses.

The consumer complaints council (CCC) of ASCI upheld 89 advertisements from a total of 145 evaluated by them.

New consumer product companies get cracking.

HUL's revenue during the September quarter grew by 11.1 per cent to Rs 9,234 crore. Company's EBITDA for the quarter under consideration grew by 20 per cent to Rs 2,019 crore.

29 out of the 30 companies on BSE 30 displayed negative growth in share price during September to October 11th. Only Wipro showed a growth in share price that too of 0.11 per cent.