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California Issues Permits to Cruise, Waymo For Autonomous Vehicle Service
The California Public Utilities Commission (CPUC) said the GM unit Cruise and Alphabet's Waymo are under Drivered Deployment permits authorized to collect fares from passengers and may offer shared rides.
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Ford, GM Shares Jump As Electric Truck Battle Heats Up
Ford's stock jumped more than 11% to its highest level since 2001 after the Detroit automaker said it will nearly double production capacity for its red-hot F-150 Lightning electric pickup to 150,000 vehicles
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CES 2022: GM Unveils Electric Silverado Pickup to Rival Ford and Rivian
General Motors’ EV strategy will face its biggest test in 2023 when it launches an electric version of its Chevrolet Silverado pickup with a six-figure price tag, more than a year after rivals Ford and Rivian launched their own electric pickups.
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LG Energy Solutions Shares Down After GM's Expanded Recalls
LG Energy Solution was planning an IPO between September and October but that will almost certainly be delayed.
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General Motors Joins Hands With Nikola Corp To Make Electric Pickup Trucks
General Motors Co and electric truck startup Nikola Corp will join forces to build electric pickup trucks and fuel cell commercial trucks to take on Tesla Inc , in a deal that lifted shares in both companies on Tuesday.
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Tesla Surges Past $100 Billion Market Value
Tesla surprised Wall Street in October by registering a profitable third quarter with a total revenue of $6.3 billion riding on sales of its Model S, Model X and Model 3 electric cars.
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Tesla's Market Value Zooms Past That Of GM And Ford Combined: Report
For the first time, Tesla Inc's stock market value has eclipsed the combined values of General Motors Co and Ford Motor Co.
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General Electric "Bigger Fraud Than Enron", Alleges Report. Shares Fall
General Electric shares plunged Thursday after a whistleblower accused the conglomerate of using accounting tricks to mask the extent of its financial problems and called it "a bigger fraud than Enron."
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Polycab India IPO Subscribed 71% On Day 1
Polycab IPO India: Shares under the Polycab IPO can be subscribed in the lots of 27 units. Polycab India has set a price band of Rs 533-538 apiece for the IPO. Mumbai-based Polycab India is engaged in the business of manufacturing and selling of wires, cables and other electrical goods. Polycab India aims to utilise the proceeds towards repayment ...
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Asian Shares Slip As Oil Woes Sap Sentiment
All three major US stock indices dipped on Tuesday as an extended drop in crude oil prices hit energy shares and as General Electric plunged for a second straight day.
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ABB Buys General Electric's Electrical Equipment Unit For $2.6 Billion
Zurich-based ABB is suspending its $3 billion share buyback programme as part of the deal.
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Warren Buffett's Berkshire Adds Stake In Synchrony Financial, Sheds In GE
Warren Buffett's Berkshire said it owned 17.5 million shares of Synchrony, a private label credit card issuer split off from GE in 2014, worth about $521 million as of June 30.
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Alstom T&D To Sell 42,000 Shares To Meet Public Holding Norms
Alstom T&D India on Thursday said that market regulator Sebi has allowed it to sell 42,565 shares to maintain the minimum public shareholding requirement. Sebi has allowed promoters of Alstom T&D India sell up to 42,565 equity shares on floor of stock exchanges to comply with minimum public shareholding requirement, the company said in a BSE filing...
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GE's Open Offer for Alstom India Below Current Price
US giant GE's Rs 770-crore open offer to acquire publicly held shares in Alstom India is in compliance with Securities and Exchange Board of India (Sebi) norms, but shareholders should make "an informed decision" as offer price of Rs 440 is less than the trading price, Alstom's independent directors have said.
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Court Disallows CAG Audit of Discoms, Reliance Infra Surges
Shares of Reliance Infra and Tata Power surged today after the Delhi High Court today upheld the plea of electricity distribution companies (discoms) against Comptroller and Auditor General (CAG) audit.
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California Issues Permits to Cruise, Waymo For Autonomous Vehicle Service
The California Public Utilities Commission (CPUC) said the GM unit Cruise and Alphabet's Waymo are under Drivered Deployment permits authorized to collect fares from passengers and may offer shared rides.
-
Ford, GM Shares Jump As Electric Truck Battle Heats Up
Ford's stock jumped more than 11% to its highest level since 2001 after the Detroit automaker said it will nearly double production capacity for its red-hot F-150 Lightning electric pickup to 150,000 vehicles
-
CES 2022: GM Unveils Electric Silverado Pickup to Rival Ford and Rivian
General Motors’ EV strategy will face its biggest test in 2023 when it launches an electric version of its Chevrolet Silverado pickup with a six-figure price tag, more than a year after rivals Ford and Rivian launched their own electric pickups.
-
LG Energy Solutions Shares Down After GM's Expanded Recalls
LG Energy Solution was planning an IPO between September and October but that will almost certainly be delayed.
-
General Motors Joins Hands With Nikola Corp To Make Electric Pickup Trucks
General Motors Co and electric truck startup Nikola Corp will join forces to build electric pickup trucks and fuel cell commercial trucks to take on Tesla Inc , in a deal that lifted shares in both companies on Tuesday.
-
Tesla Surges Past $100 Billion Market Value
Tesla surprised Wall Street in October by registering a profitable third quarter with a total revenue of $6.3 billion riding on sales of its Model S, Model X and Model 3 electric cars.
-
Tesla's Market Value Zooms Past That Of GM And Ford Combined: Report
For the first time, Tesla Inc's stock market value has eclipsed the combined values of General Motors Co and Ford Motor Co.
-
General Electric "Bigger Fraud Than Enron", Alleges Report. Shares Fall
General Electric shares plunged Thursday after a whistleblower accused the conglomerate of using accounting tricks to mask the extent of its financial problems and called it "a bigger fraud than Enron."
-
Polycab India IPO Subscribed 71% On Day 1
Polycab IPO India: Shares under the Polycab IPO can be subscribed in the lots of 27 units. Polycab India has set a price band of Rs 533-538 apiece for the IPO. Mumbai-based Polycab India is engaged in the business of manufacturing and selling of wires, cables and other electrical goods. Polycab India aims to utilise the proceeds towards repayment ...
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Asian Shares Slip As Oil Woes Sap Sentiment
All three major US stock indices dipped on Tuesday as an extended drop in crude oil prices hit energy shares and as General Electric plunged for a second straight day.
-
ABB Buys General Electric's Electrical Equipment Unit For $2.6 Billion
Zurich-based ABB is suspending its $3 billion share buyback programme as part of the deal.
-
Warren Buffett's Berkshire Adds Stake In Synchrony Financial, Sheds In GE
Warren Buffett's Berkshire said it owned 17.5 million shares of Synchrony, a private label credit card issuer split off from GE in 2014, worth about $521 million as of June 30.
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Alstom T&D To Sell 42,000 Shares To Meet Public Holding Norms
Alstom T&D India on Thursday said that market regulator Sebi has allowed it to sell 42,565 shares to maintain the minimum public shareholding requirement. Sebi has allowed promoters of Alstom T&D India sell up to 42,565 equity shares on floor of stock exchanges to comply with minimum public shareholding requirement, the company said in a BSE filing...
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GE's Open Offer for Alstom India Below Current Price
US giant GE's Rs 770-crore open offer to acquire publicly held shares in Alstom India is in compliance with Securities and Exchange Board of India (Sebi) norms, but shareholders should make "an informed decision" as offer price of Rs 440 is less than the trading price, Alstom's independent directors have said.
-
Court Disallows CAG Audit of Discoms, Reliance Infra Surges
Shares of Reliance Infra and Tata Power surged today after the Delhi High Court today upheld the plea of electricity distribution companies (discoms) against Comptroller and Auditor General (CAG) audit.
