China securities regulator to check brokers’ financing needs after Huatai share plan

SHANGHAI (Reuters) -China’s securities regulator said it would fully check securities firms’ financing needs after Huatai Securities Co Ltd proposed a share placement plan that would be one of the biggest in China’s brokerage industry. The China Securities Regulatory Commission (CSRC) in a statement on Tuesday said it will fully pay attention to the necessity …

China securities regulator to check brokers’ financing needs after Huatai share plan Read More »

Adani lifts payout for NDTV open offer to match payment to founders

BENGALURU (Reuters) -Adani Enterprises said on Tuesday it will raise the amount it pays New Delhi Television Ltd stockholders who tendered their shares in the conglomerate’s open offer to match what it paid the news broadcaster’s founders for their stake. Adani Enterprises said it will pay an additional 48.65 rupees per NDTV share to investors …

Adani lifts payout for NDTV open offer to match payment to founders Read More »

Indian state-run firms to remain exempt from public shareholding norms – govt

NEW DELHI (Reuters) – Indian state-run companies will continue to be exempt from the minimum public shareholding (MPS) norm that requires listed companies to maintain a 25% public shareholding, a government notification said late on Monday. The exemptions from the MPS norm will be valid for a “specified period” even if there is a change …

Indian state-run firms to remain exempt from public shareholding norms – govt Read More »

Three prominent opponents of Tunisian president say they are under investigation

By Tarek Amara TUNIS (Reuters) – Three prominent opponents of Tunisian President Kais Saied said on Monday that they had received notices from prosecutors that they were under investigation, including one related to assaulting public security and insulting the president. Days ago Saied had warned that judicial actions must be taken against those who defame …

Three prominent opponents of Tunisian president say they are under investigation Read More »

Exclusive-Tesla China boss Zhu promoted to global role – company posting

(Reuters) -Tesla Inc’s China chief Tom Zhu has been promoted to take charge of the electric carmaker’s U.S. assembly plants as well as sales operations in North America and Europe, according to an internal posting of reporting lines reviewed by Reuters. The Tesla posting showed that Zhu’s title had not changed and that he also …

Exclusive-Tesla China boss Zhu promoted to global role – company posting Read More »