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AMERICAN DEPOSITARY SHARES
South Korea's Kospi surges 6% as chip stocks rebound. Here are two major triggersSouth Korea’s KOSPI surged as much as 6% to an intraday high of 8,982, extending gains for a second straight session and recovering sharply...- SK Hynix surges 12% as US listing plan boosts valuation hopesSK Hynix shares surged as much as 12% after the memory chipmaker unveiled plans for a $29 billion US listing, boosting hopes of higher valu...
- South Korea's SK Hynix says to raise $29 billion in ADR listingSouth Korea's SK Hynix is planning a record-breaking secondary listing on the U.S. stock market, aiming to raise up to $29.4 billion. This ...
- Infosys ADRs crash over 8%, Wipro falls 6% after Accenture cuts annual revenue forecastInfosys and Wipro ADRs plunged following Accenture’s reduced FY26 revenue forecast. This downgrade highlights enterprise caution regarding ...
- South Korea's SK Hynix to opt for Nasdaq for planned US listing, sources saySK Hynix, a leading memory chip maker, plans a US listing on Nasdaq as early as August. This move aims to boost its global investor profile...
- South Korea's SK Hynix eyes US listing as soon as August, sources sayThe US Securities and Exchange Commission is likely to approve SK Hynix's American depositary receipt listing application during the week...
- Wipro shares rally over 4% on deal with ServiceNow to scale agentic AIWipro's shares surged after announcing an expanded partnership with ServiceNow to integrate Wipro Intelligence with the ServiceNow AI Platf...
- Baidu results beat estimates as AI cloud surge offsets ad slumpBaidu has announced strong quarterly results, surpassing market expectations. The company's cloud computing services showed significant gro...
- China's Alibaba to raise $4.5 billion through convertible bonds, repurchase sharesAlibaba Group Holding Ltd plans to raise $4.5 billion through convertible bonds, with options for additional purchases, to repurchase Ameri...
- Large block trade in Tata Motors related to delisting of ADS: ReportThe trade was likely due to a custodian selling the shares as they were not converted prior to July 24, which was the deadline for holders ...
- Tata Motors to delist ADR from NYSE after January 2023The JLR-owner said it has notified NYSE today of its intent to voluntarily delist its ADS, each representing five ordinary shares of the co...
- Exchange date of American Depositary Shares extended till Jan 10: VedantaHolders of American Depositary Shares (ADS) can now surrender their ADSs at any time on or prior to January 10, 2022, Vedanta said.
- Vedanta to delist American depositary sharesUpon delisting, the company "will concentrate" all trading of its equity shares on the BSE Limited (BSE) and the National Stock Exchange of...
- Wipro ADS holders need to become direct shareholders to participate in buybackEarlier this week, Wipro had announced June 21 as the record date for its buyback programme.
- Infy receives approval to delist ADSs from London and Paris Euronext exchangesIn March, the IT company said it planned to voluntarily delist its ADSs from those exchanges.
- HDFC Bank seeks shareholder nod to raise Rs 24,000 croreThe extraordinary general meeting of the bank to take shareholder approval is slated for 19 January.
- Tata Motors collects Rs 9,040.56 crore from rights issueTata Motors said its rights issue, which closed on May 2, was oversubscribed by 1.21 times and the company "collected" an amount of Rs 9,04...
- ICICI Bank shares up 3% on fixing record date for stock splitThe number of ADSs held by an American Depositary Receipt holder would consequently increase in proportion to the increase in number of equ...
- Warburg Pincus to sell stake in BPO firm WNS for $192 mnWarburg Pincus said it plans to sell its entire holding of over 14.5 mn ADS in WNS, through which the PE firm expects to raise about $192 m...
- Infosys ADS starts trading on the New York Stock Exchange"Infosys' ADS have started trading on the New York Stock Exchange (NYSE) under the ticker symbol 'INFY'," Infosys said in a statement.
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