In a surprise move, Elon Musk has announced to take his electric car maker company Tesla private at $420 per share. A final decision has not yet been made, but the reason for doing this is all about creating the environment for Tesla to operate best. “As a public company, we[Read More…]
Tag: Business tycoon
Vijay Mallya arrested in London
Indian business tycoon Vijay Mallya who is wanted in India for defaulting on loans worth Rs 9,000 crore related to Kingfisher Airlines (KFA) that was suspended in 2012, has been arrested by the Scotland Yard in London on Tuesday. He will be produced before the Westminster Magistrates’ Court. Mallya, who[Read More…]