Tata Sons to acquire additional 32.67% stake in AirAsia India for $37.66 mn

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Tata Sons to acquire additional 32.67% stake in AirAsia India for $37.66 mn

Malaysia’s flagship budget carrier AirAsia Berhad will reduce its stake AirAsia India, its joint venture with Tata Group. In a regulatory filing on Tuesday, AirAsia Group said it will sell 32.67 per cent of its equity shares in AirAsia India Limited (AAI) held by the …
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SAP SE's (SAP) Subsidiary Qualtrics Set to Go Public in 2021

SAP SE’s SAP subsidiary company Qualtrics is set for initial public offering (IPO) in 2021, per a filing with Securities and Exchange Commission (SEC).SAP’s shares were up 3.5% on Dec 28 and closed at $130.91. Post the IPO, Qualtrics will have two classes …
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Jasper Lumber announces $45 million expansion, to create 60 jobs

Jasper Lumber Co. today announced a partnership with Canada’s Tolko Industries Ltd. which will expand lumber production at its Walker County facility, through a $45 million project projected to create at least 60 jobs. Plans call for new construction, new …
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Why Alibaba Stock Just Popped 6%

Shares of Alibaba Group Holding Limited (NYSE: BABA) are bouncing back today from a historical sell-off that’s seen the Chinese e-commerce titan’s stock lose 30% of its value in just two months. As of 10:55 a.m. EST, Alibaba shares are up 6% off of …
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Drone delivery one step closer to reality with new FAA rules

The rules apply to drone operators who use their unmanned aircraft for work or business under the FAA’s Part 107 regulations. As many as 1.7 million drones have been registered with the FAA as well as more than 203,000 drone pilots, the agency said.
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