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3 mins read

Hyundai IPO listing: India's biggest ever IPO lists lower than issue price, brokerages issue buy rating

With a market cap of Rs 1,51,376.41 crore, Hyundai Motors India had opened for subscription between…

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1 min read

Billionaire Tesla shareholder Ron Baron says he supports Elon Musk's $56 billion pay package

Amid Tesla's battle to ratify Musk's 2018 compensation deal, the CEO of Baron Capital said Musk had…

Tom Carter   


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2 mins read

Another top proxy advisor has recommended shareholders vote against Elon Musk's $56 billion Tesla pay package

Musk has previously hit out at the amount of influence proxy advisory firms have: "ISS and Glass Le…

Nathan Rennolds   


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2 mins read

RBI approves IDFC-IDFC First Bank merger

Reserve Bank of India has given its nod for the reverse merger of IDFC Ltd with its banking subsidi…

PTI   


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4 mins read

Reliance, Tata on TIME's list of world's most influential companies

Serum Institute is the other Indian company on the list. TIME listed Reliance in the 'Tita…

PTI   


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2 mins read

RIL calls for shareholder, creditor meeting to approve demerger of financial services arm

Reliance Industries Limited (RIL) on Thursday called for a meeting of equity shareholders, secured …

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2 mins read

Amazon CEO Andy Jassy's $214 million pay package is 'excessive' and should be vetoed by shareholders, say advisory firms

Two investor advisory firms are saying Andrew Jassy's $214 million package is excessive and not tie…

Weilun Soon   


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2 mins read

Tata Tech, IREDA and 64 other stocks to see lock-ins expire in Q1 FY25

The IPO boom of 2023 means the current year will see many newly listed stocks coming out of their m…

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1 min read

TCS makes it to Forbes' list of 'America's Best Large Employers'

Software major Tata Consultancy Services (TCS) on Monday said that it has been named to the Forbes …

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1 min read

GPT Healthcare sets IPO price band at ₹177-186 per share

GPT Healthcare Ltd, which operates and manages mid-sized multi-specialty hospitals under the ILS Ho…

PTI   


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4 mins read

Dreamfolks Services IPO subscribed 56.68x on day 3 on strong institutional, retail investor demand

The IPO of DreamFolks Services closed today August 26 and has been subscribed 56.68 times over, on …

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4 mins read

Dish TV minority shareholders seek EGM, removal of two independent Directors

"The existing independent directors have a long-term association with Dish TV and Essel group…

PTI   


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1 min read

Updater Services sets IPO price band at Rs 280-300/share

The IPO will comprise fresh issue of equity shares aggregating up to Rs 400 crore and an Offer-…

PTI   


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2 mins read

Fedbank Financial Services IPO sails through, subscribed 2.2x

As much as 38% of the public offering of Fedbank Financial Services was subscribed on the first day…

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2 mins read

Zaggle IPO subscribed 12.5x with good interest from QIBs

Only 19% of fintech Zaggle Prepaid Ocean Services’s initial public offer (IPO) was subscribed on th…

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1 min read

Amazon CEO Andy Jassy is no longer an 'overpaid CEO' as his pay dipped in 2022, shareholder advocacy group says

A shareholder advocacy group, As You Sow, publishes a yearly list of overpaid CEOs. It said Jassy's…

Asia Martin   


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2 mins read

Amazon shareholders agree to CEO Andy Jassy's $214 million package and reject workplace safety proposals at shareholder meeting

Shareholders voted on 15 proposals that touched on socially conscious issues. None of the proposals…

Weilun Soon   


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1 min read

Elon Musk says these shareholder advisors 'effectively control the stock market' and have too much power

"Far too much power is concentrated in the hands of 'shareholder services' companies like ISS and G…

Brian Evans   


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2 mins read

Jamie Dimon warns that JPMorgan faces a $1 billion loss from its Russia exposure

CEO Dimon said JPMorgan had been slashing its exposure to Russia, and identifying and stopping bill…

Harry Robertson   


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2 mins read

Sensex, Nifty settle flat in subdued trading; Reliance Industries earnings eyed

The broader NSE Nifty ended at 17,624.05, showing a marginal dip of 0.40 points. Among the S…

PTI