Shareholder

Byju’s has made a combative riposte to some investors’ demand for a change in its management and board, saying the latter have “no voting rights to change (its) chief executive.”It termed as “unfortunate” the call by these shareholders to vote out chief executive Byju Raveendran and his family — holding about 26% in the company — from the board.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive Programme in FinTech, Banking & Applied Risk ManagementVisitMITMIT…

SpaceX, X (formerly known as Twitter), and Tesla CEO Elon Musk speaks during live interview with Ben Shapiro at the symposium on fighting antisemitism on January 22, 2024 in Krakow, Poland.Omar Marques | Getty ImagesElon Musk said late Wednesday that Tesla will hold a shareholder vote on whether to transfer the electric carmaker's state of incorporation to Texas.The billionaire asked his followers via a straw poll on X, formerly Twitter, whether Tesla should change the state where it is incorporated to Texas, where its…

November 16, 2023 @ 3:08 PM Tesla shares dropped 4% on Thursday after Elon Musk endorsed an antisemitic post on his personal X account, while IBM announced it would stop advertising on the social media platform after it discovered its ads beside pro-Nazi content. In the tweet posted Wednesday, Musk endorsed a verified account named @breakingbaht, which wrote, “Jewish communities have been pushing the exact kind of dialectical hatred against whites that they claim to want people to stop using against them.”…

Credit: Unsplash/CC0 Public Domain Activist investors or shareholders can be a powerful force in the corporate world, capable of driving significant change within companies. Their influence can be a force for good. It can extend beyond financial decisions to advocate that a company makes important societal, ethical and, increasingly, environmental changes. …

An Amazon shareholder has filed a lawsuit against founder Jeff Bezos and the Amazon board alleging directors failed to fully vet a decision to award launch contracts for the company's Project Kuiper satellite project to Blue Origin, Bezos's space company.The lawsuit filed by Cleveland Bakers and Teamsters Pension Fund earlier this week claims that the Amazon board awarded contracts worth billions of dollars to Blue Origin and did not consider rival Elon Musk-owned SpaceX as an alternative launch provider despite its track…

Bob van Dijk, the chief executive of the of Amsterdam-listed firm, says it plans to remain a long-term investor in the Chinese company. Bob van Dijk, the chief executive of the of Amsterdam-listed firm, says it plans to remain a long-term investor in the Chinese company. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to…

Femi Otedola, the chairman of Geregu Power, has yielded the top spot on the ownership ladder of FBN Holdings to Barbican Capital Limited, an affiliate of Oba Otudeko’s Honeywell Flour Mill, a regulatory filing showed on Saturday. Barbican Capital accumulated shares of about 4.8 billion units in the parent company of Nigeria’s oldest lender FirstBank translating to a 13.3 per cent holding in the corporation, according to the document seen by PREMIUM TIMES. That is more than twice the portion held by Mr Otedola,…

Online drugstore PharmEasy’s parent API Holdings’ board on Thursday approved a resolution to increase the company’s authorised share capital, as per a postal ballot notice issued to shareholders, a copy of which ET reviewed. It is currently pending equity shareholder approval, the process for which begins tomorrow. The last date of voting would be August 5.The board notified its shareholders about increasing the authorised share capital to Rs 3,500 crore (about $423.72 million), divided into 3,000 crore equity shares of…

A remake of Code Veronica, anyone? Just a few weeks ago, Capcom asked if fans would like more Resident Evil remakes. The survey’s over now, but it seems the studio is wondering whether it should continue bringing back older entries in its iconic survival horror series. It’s a pretty lucrative venture, after all. Taking that a tiny step further, a recent general shareholder meeting with Capcom shows that there may be some spinoff remakes being considered. In the summary document (as spotted by GamesRadar), a question is…

Nikola failed for the second time since June to get enough shareholders to vote on a proposal that would allow the EV truck maker to issue more shares in a bid to raise more capital. The company said Thursday it adjourned its annual meeting of shareholders until August 3 when it will try once more to attract enough shareholders to vote for the measure. The company is required to secure more than 50% of all outstanding shares to vote in favor of the proposal. Nikola failed to get enough votes at…