Why tata sold lakme?
Score: 4.2/5 (3 votes) In 1996, Tata sold its stake in Lakme to HLL since it felt that HLL being an FMCG company will do better justice to the company and HLL have continued to efficiently nurture the brainchild of JRD. A recent survey ranked Lakme to be one of the top 50 most trusted brands in Indi...