Hindustan Unilever has stepped up on its localisation strategy for palm and its derivatives, acquiring the palm undertaking of Telangana-based Vishwatej Oil Industries. HUL said the company aims to build supply chain resilience for palm derivatives, and will build infrastructure for palm oil collection and processing.
Open FlipAs interest rates begin to fall following the Fed’s recent rate cuts, it’s more important than ever to ensure you’re earning a competitive rate on your savings. One option you may want to consider is a money market account (MMA). These accounts are similar to savings accounts — they offer interest on your balance, but may also include a debit card and/or check-writing capabilities.
Open FlipBPCL reported a lower-than-expected third-quarter profit on Wednesday, due to lower marketing margins and losses in its liquefied petroleum gas (LPG) segment. The state-owned company’s standalone net profit rose about 37% to 46.49 billion rupees ($538.6 million) in the three months ended Dec. 31. Analysts had expected a profit of 48.52 billion rupees, as per data compiled by LSEG.
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