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SEBI proposes to ease disclosure requirement for listed firms
The proposals, based on the recommendations of an expert committee chaired by SK Mohanty, former Wh…
PTI
SEBI places JSW Cement's Rs 4,000-cr IPO on hold for now
The proposed issue involves a new issue of equity shares worth Rs 2,000 crore and an offer-for-sale…
PTI
Elon Musk Pay Package: Why Tesla proposes a $55 billion compensation plan for its boss
Tesla says Elon Musk's pay package is a "matter of fundamental fairness and respect to our CEO."
Grace Kay
Zomato's net profit jumps 389% YoY, board approves Rs 8,500 crore fund-raise proposal
Ahead of the IPO of rival food and grocery delivery competitor Swiggy, Zomato's board also approved…
The cult of Elon Musk was on full display at Tesla's shareholder vote
Fans wore Cybertruck shirts, signed shareholder banners, and praised Musk during the meeting's Q&A.
Ana Altchek
Elon Musk has been draining Tesla's AI talent dry, shareholders allege in lawsuit
A group of Tesla shareholders is suing Musk, alleging he diverted AI talent and resources to xAI, h…
Grace Eliza Goodwin
Undaunted by fresh scandals, Elon Musk is celebrating what he says is an early triumph in the Tesla shareholder vote
The results of the vote are due on Thursday. Tesla shareholders are voting on Musk's pay package an…
Kwan Wei Kevin Tan
Tesla shareholders say Elon's influence makes Kimbal Musk and James Murdoch unsuitable for the company's board
A group of Tesla shareholders say they don't want Musk to receive $56 billion in pay. They also don…
Hannah Getahun
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
Apple's shareholders will let it keep its AI business under wraps
The country's largest federation of labor unions, AFL-CIO, urged Apple and others for transparent A…
Grace Eliza Goodwin
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
My head is bloody, but unbowed: Byju Raveendran writes to shareholders
Byju Raveendran, the founder and CEO of embattling edtech company Byju's, in his letter to sharehol…
Maruti to issue over 1.23 cr shares on preferential basis to SMC for Suzuki Motor Gujarat buyout
Maruti Suzuki India on Friday said its board has approved allotment of over 1.23 crore shares to it…
PTI
Boeing's board shut down a shareholder's bid to move its headquarters back to Seattle
Boeing is now headquartered in Virginia and the 737 Max factory is near Seattle. The FAA found "a d…
Pete Syme
Google opposed a shareholder proposal asking for more transparency around its AI algorithms
During Alphabet's 2023 shareholder meeting,Trillium Asset Management proposed asking the search gia…
Thomas Maxwell
Tesla investors urged to vote against Musk's 'excessive' $56 billion pay package and proposed reincorporation in Texas
Proxy advisory firm Glass Lewis said in a report that the compensation package was of "excessive si…
Nathan Rennolds
Longtime Tesla investor says Elon Musk's proposed $56 billion pay package is 'outrageous' amid poor stock performance
Musk's pay package would be "outrageous" even if it were slashed in half, according to Tesla invest…
Jennifer Sor
Dabur’s Burman family makes open offer to acquire stake in Religare Enterprises
Entities associated with the Burman family, which has a controlling stake in FMCG major Dabur, have…
US pension fund giant CalPERS wants to vote out Warren Buffett as Berkshire Hathaway chairman
Berkshire Hathaway's board unanimously favoured a vote against the proposal and recommended that sh…
Hamza Fareed Malik
Hindalco subsidiary Novelis files draft papers for proposed US IPO
Atlanta-based Novelis Inc., a fully-owned subsidiary of Hindalco Industries, has announced that it …