Corporate Action

Proterra fails to scale up production; files for Chapter 11 bankruptcy protection

Proterra fails to scale up production; files for Chapter 11 bankruptcy protection

Proterra Incorporated, an American electric vehicle (EV) parts maker based in the Burlingame area of California, has confirmed that it has filed for Chapter 11 bankruptcy protection as it failed to

U.S. Securities & Exchange Commission validates VinFast’s merger & IPO plans

U.S. Securities & Exchange Commission validates VinFast’s merger & IPO plans

Vietnamese automotive manufacturer VinFast LLC has announced that the US Securities & Exchange Commission (SEC) has a validated its F-4 filing, paving the way for its planned IPO and public lis

Ambuja Cements Share Price Firm after Sanghi Industries Acquisition

Ambuja Cements Share Price Firm after Sanghi Industries Acquisition

Ambuja Cements share price was firm after the company announced acquisition of Sanghi Industries. The stock touched high of Rs 468.50 during the first few minutes of trade.

Bain Capital to acquire controlling stake in Ice Cream Maker Vadilal: CNBC-TV18

Bain Capital to acquire controlling stake in Ice Cream Maker Vadilal: CNBC-TV18

Boston-headquartered private equity firm Bain Capital is in final steps for a deal to acquire controlling stake in ice cream brand Vadilal. The news has been first reported by CNBC-TV18.

Go First Creditors Approve 425 Crore Funding for Revival of Low-Cost Airline; DGCA Nod Awaited

Go First Creditors Approve 425 Crore Funding for Revival of Low-Cost Airline; DGCA Nod Awaited

Go First has received approval from creditors for additional funding required by the grounded airline to restart operations.

GoFirst Asks for Rs 600 crore interim funding to restart operations

GoFirst Asks for Rs 600 crore interim funding to restart operations

Troubled low-cost aviation company GoFirst has asked for Rs 600 crore interim funding to resume operations.

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