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You Searched For "Special purpose vehicle" and got 20 results


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2 mins read

Elon Musk's xAI is luring more investors through special purpose vehicles charging high fees

Musk's AI startup was built out of Twitter. Now it's looking to get investors to chip in at least $…

Kali Hays   


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2 mins read

Ukraine is developing its own armored combat vehicle, the Inguar-3, to rival US-made gear like the MaxxPro

The Inguar-3, a Mine-Resistant Ambush Protected, or MRAP, vehicle, was trialed in Ukraine's Luhansk…

Thibault Spirlet   


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1 min read

Anil Ambani's Reliance Infra, the company behind Mumbai Metro, to raise ₹550 crore for future growth

The shareholders of Reliance Infrastructure Limited (Reliance Infra), through postal ballot, have a…

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1 min read

Adani Green boosts its renewable energy capacity with acquisition of 74.94 MW projects from Sterling & Wilson

Adani Green Energy Ltd (AGEL) on Wednesday announced that it has signed a share purchase agreement …

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1 min read

Delhi-based Kanti Commercials-led consortium puts in an expression of interest for Air India

A Delhi-based company, Kanti Commercials is leading a consortium along with Fragment Nivesh and Eno…

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2 mins read

Bill Gates-sponsored battery producer QuantumScape to join 'blank-check' IPO frenzy

The company aims to go public with a $3.3 billion valuation and trade on the New York Stock Exchang…

Ben Winck   


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1 min read

'The market is a scam': Famed short seller Carson Block says he's ramping up bets against 'predatory' SPACs

Famed short-seller Carson Block is betting even further against SPACs, a market that he calls a 'sc…

Carla Mozée   


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3 mins read

Legendary investor Jeremy Grantham made an accidental $265 million profit on a SPAC deal after previously criticizing blank-check companies

Despite his gains, Grantham views SPACs as a "reprehensible instrument, and very very speculative b…

Ben Winck   


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4 mins read

To fight and survive in hostile airspace, US Air Force special operators may take the big gun off their 'Ghostrider' gunships

The US Air Force is gearing up for a conflict with adversaries who may challenge it in a way it has…

Stavros Atlamazoglou   


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2 mins read

Shaquille O'Neal, former Disney executives, and Martin Luther King Jr.'s son target $250 million SPAC launch

Potential targets for the blank-check firm include intellectual property and "audience aggregation …

Ben Winck   


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2 mins read

Billionaire investor Bill Ackman offers new hints on possible targets for his record-breaking SPAC

Ackman previously indicated his blank-check company was eyeing "mature unicorns" and "high-quality,…

Ben Winck   


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2 mins read

Billionaire investor Chamath Palihapitiya reportedly plans to raise $500 million with 4th SPAC as blank-check spree continues

The news comes hours after Palihapitiya confirmed Social Capital Hedosophia's second SPAC will merg…

Ben Winck   


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2 mins read

Airbnb declines takeover by billionaire investor Bill Ackman's 'blank check' company, report says

The home-rental giant said it still preferred entering public markets through a traditional IPO, Bl…

Ben Winck   


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2 mins read

Former House Speaker Paul Ryan joins 'blank-check company' craze with $300 million IPO, report says

Founders will face a three-year waiting period before they can sell shares, The Wall Street Journal…

Ben Winck   


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2 mins read

Bill Ackman's blank-check acquisition company to begin trading on Wednesday after raising up to $4 billion

Ackman hasn't revealed which companies he's aiming to buy, though he previously said he's looking f…

Ben Winck   


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4 mins read

The Navy is tasking 'combat-ready' SEALs to develop new ways to take on 'the most stressing hard targets'

Allowing "combat-ready forces" to work new tactics and techniques is helping solve "key operational…

Stavros Atlamazoglou   


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13 mins read

Moscow's 'special' forces: An inside look at how Russia's famed Spetsnaz really operate

The image of Russia's Spetsnaz as "remorseless Soviet Terminators" has enduring appeal but little t…

Mark Galeotti   


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2 mins read

Warren Buffett's Berkshire Hathaway quietly made a $8.2 billion acquisition that taps into the electric-vehicle boom

Berkshire bought Pilot, a truck-stop chain that has partnered with General Motors and Volvo to deve…

Theron Mohamed   


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2 mins read

These types of green projects to receive special 'Green Bonds' as per SBI's new ESG framework

Certain "Green Projects" contribute exceptionally towards the 15 Sustainable Developmental Goals la…

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1 min read

This real-estate firm has not paid its employees in the last six months

If reports are to be believed, the real-estate firm has defaulted over its repayments to individual…