His big leap came in 1999, when he was sent to Bangladesh as a member of the board. His mandate was to turn it around, which he did in two-and-a-half years and was elevated to Chairman
According to British channel Sky News, Manwani, the former chief operating officer of the Dove-to-Marmite consumer goods giant, is being lined up as a possible successor to Cyrus Mistry, who was ousted last month.
Haresh Manwani, non-executive Chairman of Hindustan Unilever and former COO of Unilever, is in the race for the top place at Tata Sons. According to a source-based piece in the Sky News, Manwani is likely to succeed Mistry to become chairman of Tata Sons.
FMCG major Hindustan Unilever (HUL) on Monday said it has reorganised its go-to-market operations from traditional four sales branches to 14 consumer clusters to service diverse consumers across channels and geographies.
Hindustan Unilever (HUL) matched street estimates on Friday with the fourth quarter profit rising 16.7 percent year-on-year to Rs 1,018 crore compared to Rs 872 crore in the year-ago period.
CNBC-TV18‘s Farah Bookwala Vhora spoke to Manwani and began by asking him about the kind of changes business models need to undertake in order to plan for the future.
Revenue grew 9.4 percent to Rs 7,038 crore in the quarter ended December 2013 from Rs 6,433.7 crore in a year ago period, which was slightly lower than forecast.
Hindustan Unilever, the largest fast moving consumer goods company in India, beat street estimates on Monday as net profit rose 15 percent year-on-year to Rs 787 crore, helped by lower cost of key raw materials.
Indicating that Hindustan Unilever (HUL) which sells almost 40% of its brands in the hinterlands will increase its focus on rural markets, the consumer goods major today called for convergence of urban and rural marketers so that prosperity spreads to the rural areas.
If you read newspapers you can't have missed how the front pages of almost all the top national dailies, have been serving up ads. This trend was rampant between September 25 and October 16.
Global fast moving consumer goods (FMCG) major Unilever has appointed India-born Harish Manwani as its chief operating officer. Manwani who is currently serving as the president of Asia, Africa, Central and Eastern Europe at the company, will start his tenure as the Unilever COO from September 1.
Hindustan Unilever reported a lower-than-expected net profit of Rs 569 crore for the fourth quarter (January-March), down 2% year-on-year due to surge in cost of raw materials and higher exceptional gains in the year-ago quarter.
Citi announced a new Advisory Board for its India operations.
CNBC-TV18’s Menaka Doshi caught up with Harish Manwani, President-Asia & Africa of HUL in Davos and got his views on what the short-term implications of high food prices could be and how it could be tackled in the long-run.
How do you push through new ideas in times of crisis? Harish Manwani, President, Asia Africa of Unilever says, there is no such thing as a best time to start. “There is absolutely no doubt that the approach we are taking is the only approach that businesses have to take going forward.”