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HUL acquires Adityaa Milk to expand frozen dessert footprint

Bhagyashree Vivarekar 0 1256 Article rating: 5.0

Hindustan Unilever, the holder of Kwality Wall’s and Magnum brands, signed an agreement to acquire brand ‘Adityaa Milk’ to increase its penetration into Ice-Cream and Frozen Desserts business. The stock of HUL shed 1.7 per cent at 15:15 hours after witnessing Open-High at Rs. 1,764.95 per share in Monday’s trade.

Airtel announces strategic partnership with Telecom Egypt

Apurva Joshi 0 1359 Article rating: 5.0

Bharti Airtel has announced its strategic partnership with Telecom Egypt, Egypt’s first integrated telecom operator. Through this partnership, Airtel will get IRUs (Indefeasible Right of Use) on the Middle East North Africa Submarine Cable (MENA cable) and TE North Cable Systems. Additionally, it will also take large capacities on two new state-of-the-art cable systems (SMW5 and AAE1) on a long-term basis.

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