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The short position put Ackman at odds with fellow billionaire, Carl Icahn, who became the company’s biggest holder. Icahn went on to defend the company, which sells weight-loss shakes and vitamins, and assailed Ackman — who exited his position by 201

Partial payment through cash, prepayment of interest, push out maturities to 2025-26, additional collateral for loans against shares being worked out.

The Vedanta-Foxconn consortium is one of the five applicants seeking government incentives under a $10-billion package announced in December 2021 to promote domestic semiconductor manufacturing.

When the S&P 500 has advanced in January, the market has gone on to rise in the subsequent February-December period 83% of the time, with an average 11-month gain of over 11%, according to an analysis of data going back to World War II by CFRA Research.

With the Adani Group, there are added complications: the shareholding is concentrated in the hands of the Adani family and its shares do not trade on exchanges abroad

The reported operating profit improved by Rs 424 crore from the year-ago period, and margin improved to 2% of revenue from -27% year ago, due to sustained improvement in contribution profit and strong operating leverage.

Ford said on Thursday it left billions of dollars on the table that were within its control and blamed a 100,000 vehicle shortfall in its fourth-quarter volume mostly on the inability to obtain enough chips

This is after a over USD 100-billion rout in value of group stock since the US short seller Hindenburg Research accused Adani group of stock manipulation and accounting fraud. Adani Group has repeatedly denied any wrongdoing and has threatened to sue Hindenburg

Treasury had said in December it would use Environmental Protection Agency (EPA) CAFE standards to determine whether a vehicle was a car or SUV for EV tax credit purposes but said Friday it will now use the consumer-facing EPA Fuel Economy Labeling standard ... this change will allow crossover vehicles that share similar features to be treated consistently

According to block deal data available with the BSE, two entities -- C/D Investors Fund LP and H/D Investors Fund LP -- sold a total of 8,86,58,600 shares, amounting to a combined stake of 1.5 per cent in the company