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1 min read

Nasdaq is proposing a crackdown on penny stocks to make it harder to escape delisting

Nasdaq is proposing an update to its rules that would see a stock delisted if it trades below $1 fo…

Kelly Cloonan   


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1 min read

ICICI Securities hit 52-week high as board to consider delisting proposal on Jun 29

ICICI Bank plans to delist its subsidiary ICICI Securities from stock exchanges, and its board will…

PTI   


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2 mins read

Covid-19: Sebi extends deadline for comments on proposed relaxation in QIP, delisting norms

In addition, the deadline has been extended for submission of comments till this month-end on propo…

PTI   


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4 mins read

Sebi proposes relaxation from delisting norms for listed firm's merger with listed parent

Floating a consultation paper for amendments to the Securities and Exchange Board of India (Delist…

PTI   


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2 mins read

Companies whose boards are entirely white men could be delisted from Nasdaq's US stock exchange under new proposals

Nasdaq said listed firms should have at least one female director and one director who identifies a…

Grace Dean   


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1 min read

US regulators reportedly are in China for talks about corporate audits as more than 100 companies face stock delistings

A larger team of US auditing regulators may go to China this year to conduct on-site inspections of…

Carla Mozée   


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3 mins read

Adani Power stock closes marginally higher as board approves voluntary delisting at ₹33.82 – 10% below Friday’s closing price

In an exchange filing, the company said, “Adani Properties Private Ltd (APPL) proposes to, eithe…

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4 mins read

Hexaware stock jumps by 20% as the company considers delisting at ₹285 per share

The Hexaware stock hit the upper circuit on the stock exchanges in the Friday morning trade (June 5…

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2 mins read

Luckin Coffee is reportedly planning a return to the US stock market after the Chinese chain delisted following a $300 million accounting fraud

Because Luckin continued to report earnings as its traded over the counter, a relisting on the Nasd…

Matthew Fox   


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1 min read

Hexaware board approves appointment of ICICI Sec as merchant banker for delisting

They will also provide details of off-market transactions by such shareholders for a period of two…

PTI   


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4 mins read

Dan DeFrancesco   


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4 mins read

MoviePass's parent company is in dire danger of having its stock delisted by the Nasdaq

Nasdaq's rules require it to put the delisting process on hold when a company appeals the delisting…

Troy Wolverton   


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7 mins read

MoviePass executives are making one more last-ditch effort to save the stock from getting delisted

So, Helios and Matheson announced that it wanted permission to do a reverse split, offering a range…

Troy Wolverton   


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1 min read

Bankrupt car-rental firm Hertz' lenders are proposing a shakeup that would take a newly reorganized company public, report says

The lenders want to convert their holdings in the bankrupt firm into shares of the reorganized comp…

Shalini Nagarajan   


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2 mins read

The owner of MoviePass plunges after proposing a reverse-stock split to avoid being kicked out of the Nasdaq

According to Nasdaq's listing rules, a company must maintain a share price above $1.00 - a level HM…

Graham Rapier   


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2 mins read

Read the memo 23andMe's cofounder sent to staff after the entire board quit

23andMe's entire board of directors resigned over cofounder and CEO Anne Wojcicki's ongoing plan to…

Geoff Weiss   


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2 mins read

Carlyle-backed Hexaware Tech files draft papers with Sebi for ₹9,950 crore IPO

CA Magnum Holdings has 95.03 per cent stake in the IT company. Since the entire issue is a…

PTI   


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1 min read

23andMe's business is basically worthless. Its CEO now wants to buy it.

23andMe chief Anne Wojcicki notified the board and will begin seeking funding to take the strugglin…

Geoff Weiss   


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4 mins read

Target slashed this year's Pride collection after last year's backlash, leaving some LGBTQ+ insiders feeling alienated

Three designers featured prominently in prior years' Target Pride collections say the brand isn't d…

Dominick Reuter   


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ICICI Securities Q1 2023-24 PAT dips 1%, revenues surge 18%

The decline in the profit could be attributed to higher expenses, as the broking firm's total e…

PTI