Tuesday, July 27, 2021

Prosus faces investor criticism over $144 million fee for Naspers share swap

Technology investor Prosus will pay up to $144 million in transaction fees when it buys a block of parent company Naspers' shares, according to a document submitted to stock exchanges on July 12, prompting criticism from investors.

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Auto companies push for easing of fuel efficiency norms

Automakers are urging the government to relax new CAFE III fuel efficiency norms, set to begin in April 2027, due to the low penetration of ...