Teikoku Tsushin Kogyo announces share buyback plan
Teikoku Tsushin Kogyo’s buyback plan is designed to enhance shareholder value by repurchasing up to 150,000 shares, or 1.6% of its outstanding shares, at a total cost of 300 million yen.
Latest Articles by Khushi Jain
China Evergrande’s liquidators seek investor participation amid financial crisis
The liquidators of China Evergrande have called for investors to join efforts to restructure the company or its components. This appeal is part of an ongoing liquidation process after Evergrande failed to manage its significant offshore debt.
Takashima enters joint venture with DG Power System to advance digital grid technology
The joint venture aims to leverage the combined strengths of Takashima and DG Power System to manufacture digital grid equipment and expand the market for digital grid routers, accelerating renewable energy adoption and enhancing sector performance.
India’s Mahindra seeks approval for $3 billion joint venture with Shaanxi
Mahindra & Mahindra's planned $3 billion joint venture with Shaanxi Automobile Group aims to establish a car manufacturing hub in Gujarat. While Mahindra has denied the report, shares rose on the Bombay Stock Exchange, reflecting market optimism amid ongoing discussions about easing restrictions on Chinese investments.
Ola Electric Mobility shares surge on debut, hit 20% upper circuit
Ola Electric Mobility’s IPO saw a strong debut, with shares hitting the 20% upper circuit limit and closing at Rs 91.18, a significant rise from the issue price of Rs 76. The issue was oversubscribed 4.27 times, raising Rs 6,146 crore.
Interarch Building Products set to launch IPO next week
Interarch Building Products saw a remarkable 375.54% surge in profit after tax for fiscal year 2023, reaching Rs 81.46 crore, compared to Rs 17.13 crore the previous year. This was primarily driven by increased revenue from pre-engineered building contracts and product sales, reflecting the company's strong market position.
Albula Investment Fund buys 24.65 lakh shares in DCW; major transactions in Apollo Micro Systems, TCNS Clothing, and more
August 8 witnessed a flurry of bulk deals, including Albula Investment Fund's acquisition of 24.65 lakh shares in DCW and major transactions in Apollo Micro Systems, TCNS Clothing, and Protean eGov Technologies.
Biocon reports quarter 1 profit surge due to sale of branded formulations business
Biocon Ltd.'s first-quarter net profit surged to 6.6 billion rupees, boosted by a one-time gain from the sale of its Indian branded formulations business to Eris Lifesciences.
Intel faces shareholder lawsuit over job cuts and dividend suspension
Shareholders have accused Intel of misleading them about its foundry business, which they claim led to a $32 billion market value drop in a single day. The lawsuit, filed in San Francisco federal court, also names Intel's CEO and CFO as defendants.
British Airways to halt Beijing flights for up to a year amid Russian airspace ban
British Airways will suspend its London-Beijing flights from October 26 until around November 2025 due to Russia's airspace ban, which has increased flight times and impacted the route’s profitability.
Showing 60 of 161 articles