HUL to Demerge Ice Cream Business by 2025: What It Means for Investors!

HUL business demerger

Hindustan Unilever Limited (HUL), India’s largest Fast Moving Consumer Goods ( FMCG ) company, has announced a significant strategic move to demerge its Ice Cream business into a new, independent listed entity. The company’s Board approved the decision in principle during a meeting held on 25th November 2024. Here we discuss the detailed breakdown of … Read more

Route Mobile Secures 99.9% Stake in Indonesian Subsidiary—What’s Next?

ROUTE MOBILE LIMITED

Route Mobile Limited (NSE: ROUTE), a leading global CPaaS provider has made its intention of increasing the shareholding percentage in PT Route Mobile Indonesia to 99.90%. The re-domicile is strategic as the company looks to increase its global presence and accommodate local laws on investments. Route Mobile Limited (the company) received this decision at the … Read more