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Regulator orders J&J to stop using raw material to make Baby Powder in India
“We have confirmed to the Indian authorities that we do not add Formaldehyde as an ingredient in our shampoo nor does Johnson’s baby shampoo contain any ingredient that can release formaldehyde over time. Our products are safe to use and conform to all applicable standard under the D&C (Drugs and Cosmetics) Act and D&C rules,” it said.
IL&FS case: Govt likely to ban Deloitte for 5 yrs for alleged malpractice
In January, 2018, nine years after the Satyam scandal stunned corporate India, SEBI banned Price Waterhouse (PW) from providing audit services to listed companies and market intermediaries for two years in the Satyam fraud. Two PW partners were banned for three years. The regulator also imposed a disgorgement of Rs 130.9 million on Price Waterhouse, and two of its chartered accountants – S Gopalakrishnan and Srinivas Talluri.
HDFC Life Insurance net profit rises 5% to Rs 364 cr in March quarter
ICICI Prudential Life Q4 profit slips 23% to Rs 261 crore
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