Zeekr Puts U.S. IPO On Pause Due To Market Instability: Report

Geely Automobile Holdings Ltd‘s (OTCPK:GELYF) (OTCPK:GELYY) premium EV brand Zeekr has reportedly postponed its U.S. IPO plans. What Happened: The decision was made in light of valuation discrepancies and increasing market instability, Reuters reported, citing multiple unnamed sources.   Zeekr, for its end, however, told Reuters that it has submitted a public filing to the Securities and Exchange Commission (SEC)…

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MG, Skoda, Nissan emerge top PV OEMs in JD Power’s India Customer Service Survey | Autocar Professional

After a pause of two years, JD Power relaunched its India Customer Service Index study in collaboration with NielsonIQ and the results show that high implementation of service advisor actions during pre-service assists original equipment manufacturer (OEM) workshops in a multi-faceted manner.   According to the JD Power 2023 India Customer Service Index (CSI) Study,…

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SEBI Exempts 3 Family Trusts Linked To Shakti Pumps’ Promoters From Open Offer Requirement

Capital markets regulator Sebi on Thursday exempted three family trusts linked to promoters of Shakti Pumps (India) Ltd from making an open offer to the company’s shareholders following their proposed direct acquisition of shares.   The order came after the trusts filed applications with the regulator in May 2023, and sought exemption from certain provisions…

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