Search Results for: equity investors

Cash-starved IL&FS wins shareholder approval for restructuring plan

A string of defaults by IL&FS in recent weeks have led to a series of rating downgrades on the company and its subsidiaries that house some of its debt.

Oct 1, 2018

Elon Musk steps down as Tesla chairman; will remain CEO

The businessman has been charged with misleading investors with his tweet in August claiming that he planned on taking Tesla Inc. private for $420 a share. Now, Tesla Inc. and Musk will have to pay $20 million each to financial regulators.

Sep 30, 2018

WhatsApp rumour results in Infibeam losing 70% of stock price

The WhatsApp message raised concerns about the firm's accounting practices, including giving unsecured, interest-free loans to subsidiaries which do not have any assets.

Sep 29, 2018

One97 communications, paytm, paytm to invest rs 12,000 crore, Softbank to invest in paytm, paytm digial wallet company, fintech companies in india, paytm investors

Warren Buffett-led Berkshire Hathaway invests over Rs 21 billion in Paytm

The fresh round of investment has increased Paytm's valuation to Rs 731 billion ($10 billion).

Sep 28, 2018

Elon Musk Calls British Diver Who Helped Thai Schoolboys Is A Pedo Guy In Twitter Outburst

Tesla CEO Elon Musk sued for fraud; calls lawsuit unjustified

The lawsuit filed on Thursday in a federal court seeks to bar Musk from serving as an executive or director of publicly traded companies like Tesla.

Sep 28, 2018

India will continue to buy oil from Tehran, says Iran's foreign minister

After China, India is the second largest importer of Iranian oil and it has reduced intake but is yet to decide whether to end purchasing oil completely after sanctions on oil export from Iran take hold on November 4.

Sep 28, 2018

Anil Ambani planning to give up control of Reliance Communications?

The company will only own the undersea telecommunications cable system, data centres, and business-to-business connectivity services.

Sep 27, 2018

Fresh trouble for Jet Airways employees as the airline defaults on salaries again

The beleaguered airline has requested 10 more days from its employees to clear the balance 25 per cent of the salary dues for the month of August.

Sep 27, 2018

Walmart to invest Rs 181 crore to improve farmer livelihoods in India

The new funding would expand the company's efforts to develop farmer producer organisations to help raise rural incomes. The Walmart Foundation, which is investing the money, will also closely work with NGOs to support farmer groups and develop farming practices and sites across the country.

Sep 27, 2018