Around 57 lawsuits have been filed in federal courts in the US against L’Oreal USA Inc and other companies claiming that hair relaxer products sold by these companies cause cancer…
Category: Companies
‘Indian banking sector not likely to be affected by an individual case,’ says Shaktikanta Das on Adani row
Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday, without naming Adani Group, said that Indian banking sector, including NBFCs, continues to be strong and is not likely to…
IT major TCS wins deal to transform UK insurer’s business
Tata Consultancy Services (TCS), India’s largest IT exporter, announced on Wednesday that it has expanded its partnership with UK’s Phoenix Group, a long-term savings and retirement provider, to digitally transform…
Indian start-up takes on Linktree with a tool for content creators
Content monetisation platform Cosmofeed has launched SuperProfile, a link-in-bio tool to help its content creators showcase all products that can be monetised at one place. This assumes significance as for…
Lendingkart acquires personal loans provider Upwards, amidst govt crackdown on lending apps
SME-focused digital lending platform Lendingkart has acquired personal loans provider Upwards in a deal estimated at Rs 100-120 crore. This comes amidst the Indian government’s crackdown on loan apps, raising…
This start-up is trying to organise the home interiors segment; here’s how
Home renovation is an experience that creates wonderful memories as well and homeowners often look at a design or concept or colour to have a connect with every corner, every…
BP makes record profit in 2022, slows shift from oil
BP reported on Tuesday a record profit of $28 billion for 2022 and hiked its dividend, but infuriated climate activists by rowing back on plans to slash oil and gas…
Bed Bath & Beyond staves off bankruptcy with $225 mln from stock sale
Bed Bath & Beyond Inc said on Tuesday it raised about $225 million in an equity offering and may get another $800 million over the next 10 months, as the…
Disney investors await CEO Iger’s revival plan with results on tap
Walt Disney Co CEO Bob Iger is expected to discuss a turnaround plan on Wednesday, when the media company delivers its first quarterly results since the return of the executive…
GVK boss refutes Rahul Gandhi’s allegation on Mumbai airport sale to Adani Group
G V Sanjay Reddy, vice-chairman of the conglomerate GVK, on Tuesday refuted Congress MP Rahul Gandhi’s comments that the Modi government tweaked rules in favour of the Adani Group. Gandhi…