Articles about US Securities and Exchange Commission

Twitter says Elon Musk signed acquisition deal without due diligence

18 May 2022

Business
Twitter says Elon Musk signed acquisition deal without due diligence

In the preliminary proxy statement filed with the US Securities and Exchange Commission related to the deal with Elon Musk, Twitter has claimed that Musk had opted out of asking any questions about the company's business.

Harley-Davidson is discontinuing India operations: Here's why

24 Sep 2020

Business
Harley-Davidson is discontinuing India operations: Here's why

In an unexpected move, American motorcycle maker Harley-Davidson has announced the plan to discontinue its operations in the Indian market.

India's Serum Institute signs COVID-19 vaccine deal with America's Novavax

06 Aug 2020

Business
India's Serum Institute signs COVID-19 vaccine deal with America's Novavax

Serum Institute of India (SII) is set to source the COVID-19 vaccine developed by American biotech company Novavax.

Uber fired over 3,500 employees in a 3-minute Zoom call

14 May 2020

Business
Uber fired over 3,500 employees in a 3-minute Zoom call

In a major shocker, Uber has fired more than 3,500 of its employees in customer service, recruitment through a Zoom call that lasted just over three minutes.

Telegram shutters its cryptocurrency project: Here's why

13 May 2020

Technology
Telegram shutters its cryptocurrency project: Here's why

Telegram, one of the biggest messaging platforms in the world, has decided to shutter its blockchain and cryptocurrency project - the Telegram Open Network (TON).

Elon Musk's Tesla is now facing a criminal investigation

19 Sep 2018

Business
Elon Musk's Tesla is now facing a criminal investigation

The US Department of Justice (DoJ) has initiated a criminal probe against electric car maker Tesla over public statements made by company CEO Elon Musk.

Facebook warns users about other Cambridge Analytica-sized scandals

28 Apr 2018

Business
Facebook warns users about other Cambridge Analytica-sized scandals

Facebook is on the hunt for other Cambridge Analytica-sized scandals and has warned both users and investors about the same.

5 reasons why Bitcoin's value will decrease in 2018

18 Jan 2018

Technology
5 reasons why Bitcoin's value will decrease in 2018

Bitcoin garnered a lot of attention last year when it started at $963.38 and reached $19,870.62 by December'17.

Apple CEO Tim Cook earned Rs. 652 crore in 2017

29 Dec 2017

Business
Apple CEO Tim Cook earned Rs. 652 crore in 2017

This year, Apple paid a whopping $102mn (Rs. 651.8 crore) to CEO Tim Cook; his earnings increased by 79% thanks to iPhone X's performance.

Ibibo founder and MakeMyTrip MD Ashish Kashyap resigns

07 Sep 2017

Business
Ibibo founder and MakeMyTrip MD Ashish Kashyap resigns

Ashish Kashyap, the founder of the Ibibo Group and the president of India's largest online travel operator MakeMyTrip, announced his resignation yesterday.

China bans ICOs, USA issues warnings on them

05 Sep 2017

Business
China bans ICOs, USA issues warnings on them

ICOs might be an excellent fundraising option but it's facing intense heat from various governments.

MakeMyTrip raises $330 million in funding

03 May 2017

Business
MakeMyTrip raises $330 million in funding

Sources stated that MakeMyTrip has raised $330 in its latest round of funding from a mix of private placement of shares and from issuing fresh stock to investors Ctrip and Naspers.

MakeMyTrip, ibibo merger cleared by CCI

22 Jan 2017

Business
MakeMyTrip, ibibo merger cleared by CCI

Documents filed by MakeMyTrip to the US Securities and Exchange Commission show that the Competition Commission of India has approved its acquisition of Ibibo Group.

Ibibo and MakeMyTrip to merge

19 Oct 2016

Business
Ibibo and MakeMyTrip to merge

Online-focused travel groups MakeMyTrip and Ibibo announced their merger plans.