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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 …
1 min read
Tesla stock soars after Elon Musk says his pay package is likely to be approved and BlackRock and Vanguard reportedly vote in favor
"This removes a $20-$25 overhang on the stock in our opinion that has weighed on shares," the Wedbu…
Matthew Fox
2 mins read
Tesla stock is set to drop as Elon Musk's $56 billion pay package unlikely to get approved, Wall Street analyst says
"This pay package is ridiculous, and I know he's mad, he'll say I'm absurd to say that. I'm sorry E…
Matthew Fox
2 mins read
Tesla has 'huge hill to climb' to get Elon Musk's $56 billion pay deal approved, chair says
Winning shareholder backing for Elon Musk's huge compensation package is like climbing "Mount Evere…
Beatrice Nolan
2 mins read
Elon Musk's $56 billion pay package will likely see overwhelming approval, putting a big overhang for the stock behind it, Wedbush Securities' Dan Ives says
Tesla stock is down 28% this year, partly due to the drama surrounding Musk's compensation. Approva…
Jennifer Sor
1 min read
RBI approves reappointment of Sandeep Bakhshi as ICICI Bank MD for 3 years
Private sector ICICI Bank on Monday said the RBI has approved the reappointment of Sandeep Bakhshi …
PTI
1 min read
Twitter shareholders approve Elon Musk's takeover ahead of court battle
Twitter's shareholders approved Musk's acquisition, setting the stage for a legal battle as the bil…
Tim Levin
4 mins read
Dollar General hasn't investigated worker conditions despite shareholders' demands, an investor says in a new letter to company
Domini Impact Investments sent a letter to Dollar General's board of directors after the dollar sto…
Alex Bitter
2 mins read
Airtel’s board approves raising funds of up to ₹21,000 crore
The rights entitlement ratio entails 1 equity share for every 14 equity shares held by eligibl…
PTI
2 mins read
Tesla climbs 7% on plan to seek shareholder approval to split its stock
Tesla last split its stock in August 2020 and will seek shareholder approval for another stock spli…
Carla Mozée
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
3 mins read
Time to hang my boots says Deepak Parekh in his last letter to HDFC shareholders
HDFC Chairman Deepak Parekh expressed confidence that the reverse merger between HDFC Bank and its …
PTI
2 mins read
FTX selling $1 billion of Grayscale's bitcoin ETF has spurred major outflows from the fund since SEC approval, report says
FTX sold 22 million shares of the Grayscale Bitcoin Trust, zeroing out its holdings in the fund, Co…
Filip De Mott
2 mins read
Disney plans to cut 7,000 jobs and reward shareholders
Disney had about 220,000 workers as of October 1, of which approximately 166,000 were employed in t…
ANI
2 mins read
ITC board gives in-principle approval to demerger of hotels business
Leading conglomerate ITC on Monday said it will demerge its hotel business by incorporating wholly-…
2 mins read
RIL shareholders to get shares on 1:1 basis in soon to be listed JFSL
JFSL would be listed on the Indian stock exchanges. RSIL is currently a wholly-owned subsidiary …
1 min read
Anil Ambani's Reliance Power gets approval from shareholders to raise funds of up to ₹1325 crore
Reliance Infrastructure and other promoter group holding in Reliance Power shall increase to 2…
2 mins read
Digital World Acquisition Corp. jumps as the SPAC gets more time to gather shareholder approval to extend a merger deadline with Donald Trump's Truth Social
Digital World stretched its vote deadline after landing a $2.8 million deposit in its trust account…
Carla Mozée
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
2 mins read
Sanofi board approves demerger of its consumer healthcare business
Drug firm Sanofi India on Wednesday said its board has approved the demerger of its consumer health…