MAM
HUL reshuffles Board of Directors
MUMBAI: The biggest Indian consumer goods company, Hindustan Unilever Limited (HUL) has announced the appointment of Sridhar Ramamurthy, presently, executive director Finance & IT and CFO of HUL, as senior vice president Finance for the Global Markets.
He will be part of the Global Markets Executive of Unilever and based in London.
The present Unilever Americas Supply Chain Company Finance vice president PB Balaji will succeed Sridhar as executive director Finance & IT and CFO of HUL. He will join the Board of Directors of HUL and will be part of the Management Committee of HUL.
The appointment was approved by the Board of Directors of HUL, today, after the Nomination & Remuneration Committee recommended his name to the Board. The appointment approved by the Board is subject to such statutory approvals as may be applicable.
Balaji had joined HUL in May 1993 and has worked in different roles in the company. Prior to moving to Unilever in 2011, Balaji was HUL Home & Personnel Care business Finance VP.
The changes are effective from July 1, 2014.
The Board places on record its appreciation for the contribution made by Sridhar Ramamurthy.
Brands
Hyundai Venue crosses 1 lakh bookings, adds HX8 Diesel AT variant
New top-spec automatic diesel trim brings ventilated seats, OTA updates and paddle shifters.
MUMBAI: Hyundai Venue just hit the jackpot and upgraded the prize because when you cross 1 lakh bookings, you don’t just celebrate, you throw in paddle shifters and ventilated seats for the ride. Hyundai Motor India Limited (HMIL) announced that the all-new Hyundai Venue has achieved 1 lakh bookings, cementing its strong position in the compact SUV segment. To mark the milestone and further enhance customer choice, the company introduced the new HX8 Diesel Automatic (AT) variant.
The HX8 Diesel AT is powered by the proven U2 1.5L CRDi diesel engine paired with a 6-speed automatic transmission. It adds a host of premium comfort, safety and convenience features, including:
- Ventilated front seats
- Dual-tone leatherette seats with VENUE branding
- Electric 4-way driver seat adjust
- Controller Over-the-Air (OTA) updates
- Hyundai Bluelink connected car technology
- Electric parking brake with auto hold
- Rear disc brakes
- Ambient lighting on crash pad and central console
- Drive mode select (Eco, Normal, Sport)
- Traction control modes (Sand, Mud, Snow)
- Paddle shifters
HMIL, managing director & CEO Tarun Garg said, “We are delighted that the new Hyundai Venue has crossed 1 lakh bookings, reaffirming the strong trust Indian customers place in our brand. The introduction of the new HX8 Diesel Automatic variant further strengthens the Venue lineup, offering customers the perfect blend of diesel efficiency, torque-rich performance and effortless convenience.”
Backed by Hyundai’s extensive sales and service network, the Venue continues to appeal to buyers seeking a feature-rich, comfortable and future-ready compact SUV. The new variant reinforces HMIL’s focus on delivering advanced technology, safety, comfort and value while adapting to evolving customer preferences.
In a segment where bookings are the real horsepower, Hyundai isn’t just counting milestones, it’s handing drivers an automatic upgrade that makes every journey feel like the victory lap.
