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Elon Musk

Huge Twitter takeover bid forces Elon Musk to sell Tesla stock worth $4 bn

Tesla CEO Elon Musk has sold around 4.4 million shares of the company worth around $4 billion, as he prepares to take over Twitter for nearly $44 billion. Apr 29, 2022
vijaya Gadde

Who's Vijaya Gadde? Twitter's top lawyer becomes new target as Elon Musk begins blitzkrieg

Vijaya Gadde, a "conscience keeper to Co-founder Jack Dorsey", the person who took the call to deplatform Trump, faces new owner Elon Musk's wrath now Apr 29, 2022
Sundar Pichai

GPay Everywhere: 150 mn people across 40 countries using Google Pay, Sundar Pichai upbeat

Hailing the India digital payments growth story, Alphabet and Google CEO Sundar Pichai has said that the company's payments strategy is very similar to the strategy it has for commerce overall. Apr 27, 2022
Twitter CEO Jack Dorsey

Twitter co-founder Jack Dorsey to take home nearly $1 bn once Elon Musk closes deal

Jack Dorsey is set to take home a hefty amount of $978 million in cash once the Elon Musk's Twitter takeover deal gets through. Apr 27, 2022
Google

Alphabet's profit down by $1 bn despite Search & Cloud biz grow in Q1

Google parent company Alphabet's net profit dropped to $16.4 billion compared to last year's $17.9 billion in the first quarter of this year, as its Search and Cloud businesses saw great momentum. Apr 27, 2022
cement sector, cement update, top picks, dalmia cement, MOSL research, shree cement, ramco cement

Adani on acquisition spree; In talks with Holcim to buy ACC, Ambuja

Ambuja Cement has a market capitalisation of Rs 76,477.13 crore, while ACC has a market capitalisation of Rs 43,389.19 crore, bringing the total market valuation of the two businesses to Rs 1.20 trillion. Apr 27, 2022
Life Insurance Corporation of India

LIC IPO to open on 4th May: Here's what will be the price band

India's potentially biggest IPO, LIC IPO is getting a lot of interest from anchor investors. Apr 26, 2022
Ola Electric Scooter S1

Amid uproar over multiple fire instances, Ola recalls 1,441 "faulty" e-scooters

Notably, Manufacturers have increased their voluntary recalls after the government warned them of "heavy penalties" if they did not take immediate remedial action, such as recalling faulty models. Apr 25, 2022
Life Insurance Corporation of India

Here's how Market volatility has dented Government's plan for LIC bumper IPO [details]

Centre to now dilute only 3.5 % equity in the Initial Public Offering (IPO) of LIC instead of 5%. Apr 24, 2022
Adani

Adani Ports on acquisition spree: Adds Ocean Sparkle, India's largest marine services company

Adani Ports and Special Economic Zone Ltd (APSEZ) through its subsidiary, The Adani Harbour Services Ltd (TAHSL), has entered into a definitive agreement for acquisition of 100 per cent stake in Ocean Sparkle Ltd (OSL), India's leading third-party marine services provider. Apr 22, 2022
Ola Electric Scooter S1

Ola Electric lands in trouble again, customer claims accident due to faulty scooter; Company denies

Ola Electric, on the other hand, refuted these claims, claiming that the scooter in question is in perfect working condition. Apr 22, 2022
Air India

Air India employees breathe sigh of relief; new medical policy kicks in from May 15 [details inside]

With the sum insured of Rs 7.5 lakh per annum plus corporate buffer, Air India employees will be given better medical facilities across a large network of hospitals in India. Apr 19, 2022
Elon Musk

What is the 'poison pill' measure that Twiter is adopting to stop Elon Musk's takeover

It's a corporate strategy established during the wild leverage buyout (LBO) days of the 1980s in the United States, and it's another name for the "shareholder rights plan." Apr 16, 2022
indigo flight

Ex-IAF chief, Shell India's former head to join IndiGo board as independent directors [details]

IndiGo has made two important appointments to its board, who were formerly chiefs of the Indian Air Force and Shell India. Read all about it here. Apr 16, 2022
alliance air

Alliance Air becomes Centre's independent business unit; no longer AI's subsidiary [details]

Regional airline Alliance Air has become an independent business unit under the Central government's control. Apr 15, 2022
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