Latest News, Updates & Breaking Headlines
IT major Infosys is set to launch its largest-ever share buyback programme worth Rs 18,000 crore on Thursday, offering shareholders a tender window until November 26. The initiative will see the IT major repurchase up to 10 crore fully paid-up equity shares of face value Rs 5 each at Rs 1,800 per share, representing as…
Tesla CEO Elon Musk made a huge Intel announcement at the company’s shareholders meeting recently. Speaking at Tesla’s annual shareholder meeting, Musk reportedly said that the company is developing its fifth-generation AI chip, known as AI5, which will power its self-driving systems. “Maybe we’ll do something with Intel,” Musk told an enthusiastic crowd. “We haven’t…
Tesla shareholders on November 6 approved Elon Musk’s $1 trillion pay package. 75% of the shareholders voted in favour of the package that was first proposed in September this year. The $1 Trillion pay package will now be finalised in a Securities and Exchange Commission (SEC) filing in coming days. Dell CEO Michael Dell congratulated…
Tesla’s board of directors has reportedly sent a message to shareholders: approve a compensation package for CEO Elon Musk that could reach $878 billion in company stock, framing the decision as a choice between paying unprecedented sums or risking Musk’s departure and a potential stock collapse.Shareholders will vote on Thursday (November 6) on the proposal,…
Tesla Board Chair Robyn Denholm has issued an urgent appeal to shareholders ahead of the November 6 annual meeting, warning the company could lose significant value if they reject CEO Elon Musk‘s proposed $1 trillion compensation package. In a letter sent earlier this week, Denholm cautioned that without the pay plan, Tesla risks losing Musk’s…
Tesla Board chairman Robyn Denholm sent a letter to shareholders asking them to vote for CEO Elon Musk’s proposed $1 trillion pay package. If they “fail” to do so, he said, Tesla “may lose his time, talent and vision”. Tesla is set to host its annual shareholder meet on November 6. The shareholder vote for…
Microsoft CEO Satya Nadella delivered his annual letter to stakeholders, outlining the company’s record-breaking fiscal year 2025 performance and its positioning at the forefront of the AI revolution. The tech giant reported revenue of $281.7 billion, up 15%, with operating income growing 17% to $128.5 billion, while Azure surpassed $75 billion in revenue for the…
A coalition of Tesla shareholders, including SOC Investment Group and state officials from Nevada, New Mexico, and Connecticut, has reportedly called on investors to vote against CEO Elon Musk’s proposed $1 trillion compensation package at the company’s November meeting. According to a report in Bloomberg, citing regulatory filing released recently, in the letter to Tesla…
Gautam Adani has issued a letter to shareholders emphasising the group’s commitment to transparency and governance. Gautam Adani, the Adani group’s founder and chairman, has written about the Hindenburg report and recent SEBI clean chit. In a letter to shareholders, Gautam Adani said the Hindenburg report, aimed at weakening the group, has actually strengthened it.Following…
