Business Standard declares HUL as the Star MNC of 2013
HUL has been adjudged the Star MNC of the year 2013 by Business Standard.
According to the Business Standard (BS) report, choosing the Star MNC of the Year appeared the easiest. “Hindustan Unilever (HUL) was on top of everyone's list. Despite its huge size, HUL, the leader in the fast-moving consumer goods category, has reinvented itself in the past few years and reported strong numbers, led by good growth rates across its business categories. Notably, this has come on the back of stronger profit growth,” BS reported.
The jury was chaired by KV Kamath, Chairman ICICI Bank and comprised of distinguished industry leaders – Cyril Shroff, managing partner at law firm Amarchand & Mangaldas; McKinsey India Managing Director Noshir Kaka; KKR India CEO Sanjay Nayar; Marico CMD Harsh Mariwala and Future Group CEO Kishore Biyani. This award is especially heartening given that it comes in a difficult, challenging and competitive business environment.