Share Sale In Four Companies
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Indian-Origin Vaibhav Taneja Named New Tesla CFO as Zachary Kirkhorn Steps Down
Tesla's finance chief Zachary Kirkhorn has stepped down after four years in the role, the world's most valuable automaker said and named accounting head Vaibhav Taneja in his place, sending shares down more than 3 percent on Monday. During his tenure, Tesla posted its first quarterly profit after it launched the mass-market Model 3 compact sedan.
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Adani Group Brings More Investment Partners To India's Infrastructure Story
The Adani Group has raised Rs 11,330 crore through stake sale in three group companies, taking the total capital raised over four years to $9 billion as the conglomerate draws interest from a cross-section of investors.
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Over 70,000 Maruti Suzuki Super Carry LCVs Were Sold In Last 4 Years
The Maruti Suzuki Super Carry Light Commercial Vehicle (LCV) has crossed the 70,000 sales milestone in India. Maruti Suzuki forayed into the commercial segment in 2016 with Super Carry, and the company was able to achieve this feat in just four years.
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IPOs Shine on Dalal Street; IndiGo, VRL Logistics Lead Gains
This year, 18 companies that have so far launched IPOs have collectively raised nearly Rs 11,000 crore, making it the best in four years in terms of fund raising through initial share sale programmes.
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Government Expects to Raise Rs 22,574 Crore From Share Sale in Four Companies
The cabinet has already approved the sale of 5 per cent stakes in ONGC and Bharat Heavy Electricals Ltd, and 10 per cent each in NALCO and NMDC Ltd, Mr Sinha told lawmakers in a written reply in the lower house of parliament.
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Sikka Welcomes Share Sale by Infosys Founders
As four founder families sold part of their Infosys holdings on Monday, Vishal Sikka, chief executive of India's second largest IT outsourcer, said monetization of shares for philanthropic and entrepreneurship purposes was in line with the company's values.
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Microsoft loses $34 billion market value in a day
Microsoft Corp shares fell more than 11 per cent on Friday, their biggest plunge in more than four years, a day after the software company posted dismal quarterly results due to weak demand for its latest Windows system and poor sales of its Surface tablet.
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DB Corp promoters set share sale floor price at Rs 205
Promoters of DB Corp, which publishes newspapers in four languages across 13 states in the country, have set the floor price of the shares they are selling to offload their 8 per cent holding in the company via the Offer For Sale (OFS) route at Rs 205.
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Indian-Origin Vaibhav Taneja Named New Tesla CFO as Zachary Kirkhorn Steps Down
Tesla's finance chief Zachary Kirkhorn has stepped down after four years in the role, the world's most valuable automaker said and named accounting head Vaibhav Taneja in his place, sending shares down more than 3 percent on Monday. During his tenure, Tesla posted its first quarterly profit after it launched the mass-market Model 3 compact sedan.
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Adani Group Brings More Investment Partners To India's Infrastructure Story
The Adani Group has raised Rs 11,330 crore through stake sale in three group companies, taking the total capital raised over four years to $9 billion as the conglomerate draws interest from a cross-section of investors.
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Over 70,000 Maruti Suzuki Super Carry LCVs Were Sold In Last 4 Years
The Maruti Suzuki Super Carry Light Commercial Vehicle (LCV) has crossed the 70,000 sales milestone in India. Maruti Suzuki forayed into the commercial segment in 2016 with Super Carry, and the company was able to achieve this feat in just four years.
-
IPOs Shine on Dalal Street; IndiGo, VRL Logistics Lead Gains
This year, 18 companies that have so far launched IPOs have collectively raised nearly Rs 11,000 crore, making it the best in four years in terms of fund raising through initial share sale programmes.
-
Government Expects to Raise Rs 22,574 Crore From Share Sale in Four Companies
The cabinet has already approved the sale of 5 per cent stakes in ONGC and Bharat Heavy Electricals Ltd, and 10 per cent each in NALCO and NMDC Ltd, Mr Sinha told lawmakers in a written reply in the lower house of parliament.
-
Sikka Welcomes Share Sale by Infosys Founders
As four founder families sold part of their Infosys holdings on Monday, Vishal Sikka, chief executive of India's second largest IT outsourcer, said monetization of shares for philanthropic and entrepreneurship purposes was in line with the company's values.
-
Microsoft loses $34 billion market value in a day
Microsoft Corp shares fell more than 11 per cent on Friday, their biggest plunge in more than four years, a day after the software company posted dismal quarterly results due to weak demand for its latest Windows system and poor sales of its Surface tablet.
-
DB Corp promoters set share sale floor price at Rs 205
Promoters of DB Corp, which publishes newspapers in four languages across 13 states in the country, have set the floor price of the shares they are selling to offload their 8 per cent holding in the company via the Offer For Sale (OFS) route at Rs 205.
