BESIDES HIS NGO, Islamic Research Foundation (IRF), televangelist Zakir Naik also set up two real estate companies and a video and television software production house in Mumbai in the period between 2005 to 2008, according to records available with the Registrar of Companies (RoC). The RoC records show that Zakir ... Read More »
Companies should be fined if they fail to guard against cyber attacks, MPs have recommended in the wake of last year’s TalkTalk hack. The Culture, Media and Sport Select Committee inquiry made a number of recommendations, but stopped short of suggesting that criminal proceedings should apply to employees who fail ... Read More »
European shares hit one-month highs on Monday, while the dollar index rose to a two-month peak after Federal Reserve Chair Janet Yellen suggested that an interest rate hike in the United States may be around the corner. The Fed should raise rates “in the coming months” if growth picks up ... Read More »
Prices of both varieties of sugar firmed up at the Vashi wholesale market here today due to rising demand from stockists and bulk consumers amid restricted arrivals. Small sugar (S-30) shot-up by Rs 6/30 per quintal to Rs 3,572/3,711 from last Saturday’s closing level of Rs 3,566/3,681. Medium sugar (M-30) ... Read More »
McDonald’s Corp (MCD.N) is targeting private equity firms, including Bain Capital, MBK Partners, TPG Capital Management and Chinese state-backed conglomerate China Resources (Holdings) for its planned sale of 2,800 restaurants in North Asia, people familiar with the matter told Reuters. The U.S. fast food giant is adopting a new business ... Read More »
