Elon Musk Wins Back His $44.9 Billion Tesla Pay Package In Shareholder Vote

Tesla shareholders voted Thursday to restore CEO Elon Musk’s record $44.9 billion pay package that was thrown out by a Delaware judge earlier this year, sending a strong vote of confidence in his leadership of the electric vehicle maker. The favorable vote doesn’t necessarily mean that Musk will get the all-stock compensation anytime soon. The … Read more

Debt, Equity Holders Approve Merger of IDFC with IDFC First Bank

The board of IDFC First Bank presented the result of voting on the proposal for amalgamation before the NCLT. The National Company Law Tribunal (NCLT) convened a meeting on May 17 through video conferencing and other audio-visual means to consider and approve the composite scheme of amalgamation for IDFC First Bank Shareholders and non-convertible debenture … Read more