According to the complaint, Tesla sold the warrants to reduce potential stock dilution from a separate convertible bond sale and to lower its federal income taxes.
Burry told CNBC in October that he was no longer betting against Tesla and that his position, which was disclosed earlier this year, was just a trade.
PB Fintech, online insurance policy platform Policybazaar’s parent, created a record on its market debut on Monday by emerging as the most valuable insurance marketplace in the world.
Bharti Airtel Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 433997.65 Crore) operating in Telecommunications sector.
Shares end opening day’s trade with 23% gain over issue price
Here’s how much money each investor and early backers of Policybazaar are sitting on as of Monday’s close.
The debt-ridden telecom operator Vodafone Idea is evaluating the option of converting interest dues arising out of the deferment of statutory payments into equity.
While suggesting that a ban may not help, industry representatives on Monday told a Parliamentary standing committee that cryptocurrencies should be regulated since they cannot be stopped, amid concerns over security and investor protection by some of the panel members.
Oil prices slipped on Tuesday as a rebound in COVID-19 cases in Europe raised concerns over demand amid expectation that supply will rise, while some in the market still fear the United States may release crude reserves to stop a rally in gasoline prices.
The six-member group said in a report that resolution of the distressed asset remains the first objective of the Insolvency and Bankruptcy Code (IBC), followed by promotion of entrepreneurship, availability of credit and balancing the interests of stakeholders. “This order of objectives is sacrosanct,†it said.
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