HLL changes name:

MUMBAI: Hindustan Lever Ltd (HLL), one of India’s best known fast moving consumer goods company with popular brands like Liril, Lux, Brooke Bond, Kissan, Lakme and Kwality Wall’s is getting a new corporate identity and logo. The company informed the Bombay Stock Exchange, where it is listed on Monday, that is was changing its name to Hindustan Unilever Ltd (HUL) and that its log will be symbolic to the firm’s mission of ‘Adding Vitality to life’. — HNS

ICICI to raise money:

MUMBAI: India’s largest private sector lender ICICI Bank is considering increasing the size of its record share sale by 15 per cent to $4.94 billion. ICICI Bank said it raised $4.3 billion through the share sale last week, with an option to raise more funds. The bank is likely to raise an additional $642 million through a ‘greenshoe’ option, based on demand. — AFP

Consumer confidence:

BERLIN: German consumer confidence rose as a solid economic upswing and an improved job market encouraged investment in Europe’s biggest economy. Its forward-looking consumer climate indicator stands at 8.4 points for July, better than the eight points forecast by analysts surveyed by Dow Jones Newswires. — AP

Export orders rise:

TAIPEI: Taiwan’s export orders in May rose by 11.92 per cent from a year earlier to $27.53 billion on stronger demand for information and communication products. In April, the island posted $27.46 billion recorded, representing an 11.27 per cent year-on-year increase. May export orders reached its second highest level. — AFP