In its lawsuit, the US regulator said Musk calculated the $420 price per share, at a 20 per cent premium over that day’s closing share price and that the number’s slang reference to marijuana and hints in emails and text messages pointed that it was only intended to impress his girlfriend

The 'invisible hand' doesn't control markets

31 Aug 2018

Musk reverses plan to take Tesla private citing investor concern

25 Aug 2018

Innovation and speculation drive stock market bubble activity, according to new study

11 Aug 2018

China pushed down to 3rd rank among world’s top stock markets as Trump tightens trade squeeze

03 Aug 2018

Apple reports $53.3 billion Q3 revenue boosted by global iPhone sales

02 Aug 2018

For fiscal fourth quarter, Apple expects revenue to be between $60 billion and $62 billion as the company races towards the trillion-dollar valuation mark with iPhone and services providing fuel

Facebook’s Mark Zuckerberg under pressure from shareholders

30 Jul 2018

Reliance Industries to borrow $2.7 bn abroad to repay its high-cost debt

30 Jul 2018

Vedanta chairman's family trust offers to buy rest of company

03 Jul 2018

Volcan Investments, a trust operated by Vedanta Group chairman Anil Agarwal’s family, has offered to pay 825 pence per Vedanta share, against the London listed stock's closing price of 646.8 pence on Friday

Tax havens and limited regulation increase risk for shareholders

21 Jun 2018

Troubled GE drops out of Dow Jones for first time in 110 years

20 Jun 2018

General Electric (GE) was the last original member of the Dow Jones Industrial Average, tracing its roots to Thomas Edison's light bulb business founded in the 1890s. It will be replaced on the index by drugstore chain Walgreens Boots Alliance

Amazon CEO Jeff Bezos added $5-bn to his wealth since 1 June: Forbes

19 Jun 2018

Jeff Bezos, the world’s richest man with a net wealth of $141.9 billion, is now $49-billion richer than Microsoft founder Bill Gates and $60-billion richer than Warren Buffett, the founder chairman and CEO of Berkshire Hathaway

Singapore Exchange extends SGX Nifty trade beyond August

18 Jun 2018

S Korean cryptocurrency exchange hack sparks fresh tumble

11 Jun 2018

Microsoft pips Google to become world’s third-most valuable company

01 Jun 2018

Microsoft Corporation on Wednesday emerged the third-most valuable corporation in the world, with a market cap of $753 billion, surpassing Google parent Alphabet’s market cap of $742 billion

Despite NSE suit, Singapore exchange to go ahead with Indian listings

23 May 2018

The NSE is trying to stop its Singapore counterpart from launching derivatives that could replace the Nifty 50 contracts, and the dispute could leave international investors without one of the world’s most widely used offshore futures contracts