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1 min read

COVID-19: Sebi eases minimum public shareholding compliance norms for listed entities

Penal actions, if any, initiated by exchanges from March 1, 2020 till date for non-compliance of M…

PTI   


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2 mins read

Patanjali's promoters say shareholding freeze won't impact company's financial position

Earlier the stock exchanges had put a freeze on the shares owned by the promoters for not meeting t…

ANI   


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2 mins read

An investor group says DoorDash's past tipping problems and dual-class stock structure make it 'unready for public markets'

The delivery company will start trading for the first time this week, raising up to $3.1 billion in…

Graham Rapier   


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3 mins read

With tips, restaurants can pay workers as little as $2 an hour. It's why no one's coming back to work.

The "subminimum wage" allows restaurant owners to outsource their payroll expenses to customers, on…

Paul Constant   


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4 mins read

Big companies raising wages could boost pay for workers at nearby businesses

Jeff Bezos noted a recent paper showing that Amazon's increase to a $15 per hour wage boosted pay i…

Madison Hoff,Juliana Kaplan   


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18 mins read

Jeff Bezos is about to hand over the keys of Amazon to a new CEO. Read his final letter to shareholders right here.

For over 20 years, Amazon CEO Jeff Bezos has written an annual letter to shareholders. Earlier this…

Ben Gilbert   


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3 mins read

Companies in India may soon need approval from minority shareholders to appoint or remove an independent directors

The new provision is intended to ensure that small shareholders are not shortchanged but the…

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2 mins read

IPO/FPO: SEBI eases lock-in norms for promoter shareholding

The SEBI has decided to relax the lock-in requirements for promoter shareholding in terms of initia…

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7 mins read

The excitement around Go Fashion IPO is making money for shareholders of TCNS Clothing too

The initial public offering (IPO) of Go Fashion has already been fully subscribed in the first two …

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5 mins read

How the fight over 'hero pay' for grocery workers reveals chain stores' massive corporate greed

Kroger's $2/hour raise for minimum wage workers was short-lived, while the company simultaneously p…

Paul Constant   


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3 mins read

It’s the last day to subscribe to RateGain’s IPO — GMP at ₹78

The initial public offering (IPO) of RateGain Travel Technologies has been subscribed 75% on the se…

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1 min read

SBI sheds 2.1pc stake in SBI Life via OFS to comply with shareholding norms

"We, State Bank of India (seller) as one of the promoters of SBI Life Insurance Company Ltd (targe…

PTI   


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2 mins read

Another IPO on the way ⁠— this pesticides maker from Lucknow is looking to raise ₹800 crore

Agrochemical company India Pesticides Ltd has filed a draft red herring prospectus (DRHP) to raise …

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1 min read

Sebi grants exemption to govt from making open offer to Union Bank of India's shareholders

"Further, there will be no change in the number of equity shares held in the target company, by th…

PTI