Shareholder

Infosys shareholders approve of UB Pravin Rao; to continue as interim-CEO and MD for five years

Pravin Rao will continue to hold the position of interim-CEO and MD for a maximum of five years, or until a new CEO and MD is appointed, Infosys said.

Elon Musk, Tesla CEO addresses key issues during annual shareholder meeting

Tesla CEO Elon Musk is also enticing fans with new vehicles, including a semi-truck it plans to show this fall and the Model Y SUV, which will go on sale in 2019.

Reliance Jio to launch in 'coming months', Ambani assures shareholders

Assuring shareholders that significant progress had been made in erecting the infrastructure for Reliance Jio, along with some 1.5 million test users, Chairman Mukesh Ambani has, without specifying a date, said the commercial launch will happen in the "coming months".

Softbank, top Alibaba shareholder plans to sell $7.9 billion in stock

Japanese telecommunications firm Softbank Group Corp said on Tuesday it will sell at least $7.9 billion of shares in Chinese e-commerce company Alibaba Group Holding Ltd in order to raise funds to reduce its debt.

Facebook faces lawsuit over plan to issue new stock

A Facebook Inc shareholder filed a proposed class action lawsuit on Friday in a bid to stop the company's plan to issue new Class C stock, calling the move an unfair deal to entrench Chief Executive Mark Zuckerberg as controlling shareholder.

Sachin Tendulkar becomes technology OEM company Smartron’s strategic shareholder and brand ambassador

Besides being the brand ambassador of Smartron, Sachin is also a strategic shareholder in the company.

Independent director, anyone? Handle it at your own risk

Being an independent director is no easy job. On the one hand, there are minority shareholders' interests and on the other, the promoters and majority shareholders have their own agenda. Striking a balance is like negotiating a booby trap.

AGMs should not be chai-samosa parties, says Sebi chairman

The Sebi chief also asserted that the onus needs to be put more on the promoters or the top executives, rather than the companies as a whole, when it comes to penalties.<br />

Suzuki's Gujarat plant to be complete by 2017, says Osamu Suzuki

When Suzuki's Gujarat project becomes fully operational, its total annually capacity will be 3 million, up from the current 1.5 million

Maruti confident of shareholders' nod on Gujarat plant, says there's no Plan B

In March, under pressure from institutional investors, Maruti had decided to seek minority shareholders' approval after tweaking some of the earlier proposals for the controversial Gujarat plant.<br />