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Tesla again seeks shareholder nod for Musk's 2018 pay voided by judge The compensation includes no salary or cash bonus, but sets rewards based on Tesla's market value rising to as much as $650 billion over the next 10 years. Tesla is now valued at $500.36 billion, according to LSEG data.

Adani Group infuses additional ₹8,339 crore in Ambuja Cements to complete warrant subscription, stake rises to 70.3% Adani Group infuses additional ₹8,339 crore in Ambuja Cements to complete warrant subscription, stake rises to 70.3%

Vodafone Idea’s post-FPO priority: Clearing vendor dues The telecom company owes ₹10,000 crore to vendors, including its tower providers and network equipment providers.Overall, the telco is burdened with ₹2.1 trillion in debt, including about ₹1.3 trillion due to the government

Vedanta targets $7.5 bn in earnings in 2 years, deleverage group by $3 bn The ambitious 50% jump in pre-tax profits from the expected $5 billion of Ebitda in FY24 follows the group’s demerger plan that entails a reorganization of its Mumbai-based Vedanta Ltd. into six separate entities based on...

Zee board approves organization restructuring Punit Goenka will assume direct charge of the domestic broadcast business under the new structure

Toshiba Corp to cut 5,000 jobs in Japan, downsize non-core businesses: Report Toshiba is downsizing non-core businesses and will book a one-time cost of roughly $650 million as a result, the Nikkei reported

Infosys Q4 results preview: Revenue expected to fall on weak discretionary spending, margin to remain flat QoQ Infosys Q4 results preview: Infosys is expected to report tepid numbers in Q4FY24 amid weakness in discretionary spending. While revenue is estimated to drop sequentially, EBIT margin...

Bajaj Auto Q4 results preview: Revenue, net profit expected to grow 26% YoY; margin to improve Bajaj Auto Q4 results preview: Bajaj Auto is expected to report a net profit of ₹1,805 crore in Q4, registering a growth of 26% from ₹1,432.9 crore in the same period last year, as per the average...

Paytm clarifies progress on licensing, says no deferral notice on investment in payments arm Paytm has refuted reports of the government deferring approval for its investment in Paytm Payments Services as ‘speculative’, and highlighted its commitment to India, compliance with RBI regulations...

Microsoft L&D Director terminated after 3 decades at company: 'My job elimination was result of...' In a post on LinkedIn on April 15, the former director of Learning and Development (L&D) at Microsoft said, “My 33-year run with the wonderful Microsoft come to a close in February, when my...

Century Real Estate raises ₹450 crore from Edelweiss to buy land and pay debts The developer will use around 40% of the funds to buy a 72-acre land parcel near the Bengaluru international airport, and the rest to repay debts and for working capital.

Q4 Results Today: Angel One, ICICI Lombard, Tata Communications among 10 companies to post Q4 earnings on April 17 Q4 Results Today: ICICI Lombard General Insurance Company, Tata Communications, Just Dial, and Angel One are among the 10 companies that will release their earnings for the...

Wow! Momo raises ₹70 crore in extended Series D round from Z3Partners The fresh infusion, takes the company’s total funding in the current round to ₹480 crore.

LinkedIn Top Companies 2024: TCS, Accenture top list, here are the top 25 companies in India for career growth LinkedIn Top Companies 2024: Social media job portal LinkedIn has released its list of top 25 workplaces in India with over 5,000 employees, and a top-15 list for mid-size companies...

Morgan Stanley to slash 13% investment banking jobs in Hong Kong and China, biggest cut in region in years Morgan Stanley plans to start cutting about 50 investment-banking jobs in the Asia-Pacific region this month. At least 80 percent of the reductions will be in Hong Kong and China.

Brigade Enterprises reports record sale bookings of ₹6,013 crore in FY24 Brigade Enterprises registered real estate sales volumes of 7.55 million square feet in FY24 and 2.72 million square feet in Q4FY24. The average realisation for FY24 increased by 23% annually.

GTPL Hathway Q4 FY24 results : profit at ₹13.18Cr, Revenue increased by 16.69% YoY GTPL Hathway Q4 FY24 results : Revenue increased by 16.69% YoY & profit at ₹13.18Cr

Delivery of goods via drones on the anvil as enabling norms likely this year Currently, regulations do not permit drone operations beyond the visual line of sight of the drone operator. While the Centre permitted 20 entities to conduct experimental BVLOS flights in 2021, so far regulatory...

Zee-Sony deal: Zee withdraws merger implementation application from NCLT Zee Entertainment Enterprises said decision to withdraw the application will enable it to continue to aggressively pursue all its claims against Sony in the ongoing arbitration proceedings at the Singapore International...

Delhi HC intervenes for release of 73.59% Jindal India shares pledged with banks The court directed Jindal India Thermal Power's lenders to work out the modalities for transferring 10% of its equity among themselves and releasing 64% of the pledged shares to the company.It also instructed the...