LiveUS House Panel Seeks Briefing on FAA Blue Origin Probe
On Thursday, the chair of a subcommittee handling space issues and a Republican asked the Federal Aviation Administration (FAA) for a briefing on the inquiry...
Category : BUSINESS
Space Company Intuitive Machines to Go Public via SPAC at $1 Billion Valuation
On Friday, the space company Intuitive Machines announced it would go public via a SPAC (Special purpose acquisition companies), in a deal that values the...
Shopify Introduces New Compensation System to Attract Talent
On Friday, Shopify (NYSE:SHOP) Inc said it had introduced a new compensation scheme allowing the staff greater flexibility in restructuring their awards between equity and...
Renault and Stellantis Halt Spanish Assembly Lines as Chip Shortage Continues
On Friday, carmakers Renault and Stellantis said that they would partly halt their Spanish plants in the coming weeks as the lack of microchips persists....
Invesco Raises $5.4 billion in China Investments; Flags Economic Risks
US-based Invesco’s Chinese joint venture withstood a volatile first half and attracted USD 5.4 billion from local investors. However, the country’s persistent zero-COVID policy poses...
GMR Infrastructure Renamed GMR Airports Infrastructure
According to a September 16 stock exchange notification, GMR Infrastructure has been renamed GMR Airport Infrastructure, effective September 15, to reflect that the company is...
Patanjali Group to Have 4 IPOs in Next 5 Years, Announces Baba Ramdev
On Friday, Yoga Guru Baba Ramdev announced plans for an initial public offering (IPO) of four Patanjali group companies over the next five years. “Following...
Germany to Seize Oil Assets of Russia’s Rosneft to End Refinery Crisis
The German government is likely to take over the local operations of the Russian oil company Rosneft. With this, the rupture between the two countries...
Tata Steel Long Products Ltd Leads Gainers in ‘A’ Group
On 16 September, all company’s stocks gained in the Bombay Stock Exchange (BSE) list were Mishra Dhatu Nigam Ltd, Easy Trip Planners Ltd, Bharat Dynamics...
Sebi Imposes Fines Totalling Rs 1.75 Crore on IL&FS Transport Network, 3 Persons
Market watchdog Sebi on Thursday fined IL&FS Transport Network Ltd and three individuals a total of Rs 1.75 crore for breaching various norms and provisions...