Page 2802 - Company News

Mastercard to investigate allegations of child abuse against Pornhub

Mastercard said on Sunday it was investigating allegations against Pornhub.com following a newspaper column which said many videos posted on the adult website depicted child abuse

Pfizer working on cold storage issues to ensure temperature integrity

The company has developed detailed logistical plans and tools to support effective vaccine transport, storage, and temperature monitoring.

After NCR, DLF to delve into Mumbai, Chennai residential-property markets

The developer started concentrating on Delhi-NCR after selling some of its land parcels in cities such as Mumbai in 2012 to reduce debt.

RIL's multi-billion-dollar deals help Morgan Stanley top M&A league table

The US-based bank has advised 25 transactions with values touching as much as $28 bn; BoFA is second in the chart

Dabur, Marico hit out against each other at ASCI over claims on honey

Two leading homegrown rival FMCG brands Dabur and Marico are in an open spat with each other over claims regarding their honey brands and have taken the matter to advertising regulator ASCI.

Can Toyota Kirloskar-workers' standoff be test case for labour reforms?

Labour unrest is not new to this 23-year-old plant - there have been at least four since it was set up, with one lockout in 2014 stretching for over a month

Venture debt firm Alteria Capital readies new Rs 1,000-crore fund

Greenshoe of Rs 750 crore over target corpus likely if demand persists

With $700-mn war chest, PhonePe to fight Google, Amazon in rural India

PhonePe recently crossed the 250-million registered user milestone, with over 100 million monthly active users generating nearly 1 billion digital payment transactions in October alone

CBI books Unitech MD, family in Canara bank fraud; carries out searches

The Canara Bank has alleged that the company had been availing credit facilities from it on the basis of personal and corporate guarantees from Chandras

M-cap: Six of top 10 valued domestic companies add Rs 91,629 crore

During the last week, which was holiday-truncated, the Sensex rallied 929.83 points or 2.10 per cent.

Pfizer, BioNtech in final stages of talks with WHO to join Covax alliance

The ultra-cold chain requirement of Pfizer's vaccine, unlike most other vaccines, makes it a challenge for most countries including India to store and transport

November domestic pharma sales grow just 1% after strong show last month

Oct growth rate was 9.6%; Most big corporates saw volumes drop in November

NCLAT stays order on ArcelorMittal to pay for using slurry pipeline

As per earlier NCLT Ahmedabad Bench order, ArcelorMittal had to pay Rs 1,300 cr for using pipeline to run Essar Steel by Dec 15

Singapore-based Everstone buys controlling stake in Calibre for Rs 1,000 cr

Singapore-headquartered, India-focused PE firm Everstone Capital bought a controlling stake in Calibre, a specialty ingredients player focused on pharma, in a reported Rs 1,000-crore deal

CAIT demands 'strict action' against Amazon for alleged violation of laws

Traders' body CAIT said it has written to the ED seeking "strict action" against Amazon, claiming that the e-commerce major has caused "misery" to small traders by resorting to predatory pricing

Raymond cautiously optimistic about business recovery amid Covid, says CMD

Raymond, which has its majority business interests in textile and apparel, is "cautiously optimistic" about recovery amid the Covid-19, its Chairman and Managing Director Gautam Hari Singhania said

Daimler India to set up 350 new dealerships across country in next 2 years

Daimler India, which recently set up 10 new touchpoints, plans to have at least 350 dealerships pan-India in the next two years as it looks to deepen market penetration, a top company executive said

Future of co-working bright, operators may face trouble in next yr: Expert

Co-working segment has a bright future and will grow post-Covid-19 pandemic, but operators may face a lot of pain in the next one year, according to top property consultants

Banks need to hire chief risk officers to deal with cybercrimes: Deloitte

The banking industry needs to upgrade its IT infrastructure and appoint experienced chief risk officers to effectively deal with incidence of cybercrimes, says a report by Deloitte India

IRFC's Rs 4,600 cr IPO may launch this month; 1st by any public sector NBFC

Indian Railway Finance Corporation initial public offering of about Rs 4,600 crore may hit the markets later this month, a first by a non-banking financial company in the public sector