Indian Companies News, Company Business news, Corporate News

Business news

Sean Parker sets up $250m cancer immunotherapy collaboration

A $250m (Â£177m) grant from Silicon Valley billionaire Sean Parker, announced on 13 April, aims to speed development of more effective cancer treatments by fostering collaboration among leading researchers in the field. The Parker Institute for Cancer Immunotherapy will include over 40 laboratories and more than 300 researchers from six key cancer centres.

Apr 14, 2016

Naturals acquires stake in Yuvraj Singh-funded Vyomo for Rs. 100 crore

With the deal, Naturals would foray into the unorganised yet thriving on-demand beauty services space.

Apr 14, 2016

BHEL wins order worth Rs. 282 crore to build 50 MW power plant in Madhya Pradesh

The order awarded by NTPC is to build the solar power plant on engineering, procurement and construction basis.

Apr 14, 2016

GAIL's $7B tender to ferry LNG from US gets 2 Japanese bidders

GAIL reportedly seeks nine LNG cargo ships for transporting LNG from the U.S. to India.

Apr 14, 2016

Lafarge India sale hits roadblock

The Competition Appellate Tribunal stayed the sale of 11 million tonnes of cement capacity by the company after an appeal by Dalmia Cement (Bharat) Ltd.

Apr 14, 2016

Banks challenge UBHL's claims for losses, call it a delay tactic by Mallya

United Breweries claimed Rs.594 crore as presumptive loss resulting from bankers selling its pledged shares for low value.

Apr 14, 2016

McDonald's targeting buyout firms as it seeks to sell North Asia stores

It is adopting a new business model in Asia, by planning to bring in partners to own the restaurants within a franchise operation.

Apr 14, 2016

Verizon bets on Armstrong, M&A savvy in Yahoo bid

That faith derives in part from the belief that Armstrong did a good job at left-for-dead AOL.

Apr 14, 2016

Play

Mark Zuckerberg touts Messenger chatbots and opens up Facebook Live

Facebook said on 12 April it will allow developers to build chatbots inside its Messenger app to enable users to communicate with businesses directly in its latest effort to dominate enterprise transactions and customer service. The chatbots expedite Facebooks moves to build out Messenger as the go-to place for users to contact businesses rather than through third-party websites.

Apr 13, 2016