"I am delighted to welcome Madhusudhan and Deepak to the HUL Management Committee. Madhusudhan has a successful track record in a variety of operational and strategic roles. He has brought in a strong performance edge in his teams and has pioneered several innovations that uphold Unilever's high science and technology credentials," Hindustan Unilever Ltd (HUL) chairman and managing director Sanjiv Mehta said in a statement.

Raamdeo Agrawal, Chairman & Co-founder of Motilal Oswal Financial Services spoke to CNBC-TV18 and said cement is one sector, which perhaps will get hit at least in the short term and that will depend on what they are able to pass on in terms of price increases, which they are facing. Speaking to CNBC-TV18, Anil Singhvi, Executive Chairman of Shree Digvijay Cement said that they are not concerned about elevated energy prices at this point.

The demand environment continues to remain robust, said C Vijayakumar, MD and CEO of HCL Technologies, on Wednesday, adding that the challenge is to retain good talent.

SEBI has issued a notice inviting bids for auction of 46 properties of Royal Twinkle Star Club Pvt Ltd and Citrus Check Inn Pvt Ltd, which are accused of defrauding investors of Rs 7,500 crore.