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AMERICAN DEPOSITARY RECEIPT
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...
- Wipro Q4 net profit dips 1.9% to Rs 3,502 crore, revenue rises 8%Wipro reported a 1.6% decline in annual revenue in fiscal year 2026 in constant currency terms, in line with its larger rival, Tata Consult...
- Korean AI chip startup DEEPX, Hyundai work on robots powered by generative AISouth Korean AI chip maker DEEPX is joining forces with Hyundai Motor Group. They will create a new computing platform for generative AI ro...
- IT stocks to rally on Wednesday? Infosys, Wipro ADRs surge up to 5%. Here's whyIT stocks may rally on Wednesday as Infosys and Wipro ADRs surged overnight, supported by strong gains in US tech stocks and easing fears o...
- Infosys ADRs fall 7% in the opening trade, snap three-session winning streakAfter an unprecedented 40% surge on Friday, Infosys’ American Depositary Receipts (ADRs) slipped more than 7% on Monday to hit an intraday ...
- Citi alumni plan Bitcoin securities that don't need SEC nodThe new offering, called Bitcoin depositary receipts, will be similar to American depositary receipts that represent foreign stocks. The st...
- US law firm to study class action claims against HDFC BankRosen Law in a statement said it was preparing a securities lawsuit “on behalf of HDFC Bank shareholders” and invited shareholders to join ...
- Sebi brings in liberalised norms for depository receiptsThe liberalised norms for DRs were issued in 2014 but could not be implemented due to concerns raised by Sebi.
- Infosys says it has time to file Form 20F, whistleblower claims “baseless”The company said the claims made by a whistleblower that there could be an ongoing investigation by USSEC is “baseless”.
- Whistleblower writes to SEC on Infosys not filing form 20FIn a letter, the whistleblower asked the regulators to query Infosys on “whether any ongoing investigation with SEC is pending” against it.
- 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.
- 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...
- Tata Communications to deregister ADS from the USThe firm, part of the over $100 billion Tata Group, had in June last year announced plans to delist its ADS from the New York Stock Exchang...
- GMR Infra to raise Rs 5,000 cr; appoints Bommidala as MDGMR Infrastructure on Tuesday said it plans to raise Rs 5,000 crore by selling shares in domestic as well as international markets.
- Essar Oil to raise USD 2,000 mnPrivate sector refiner, Essar Oil on Saturday said it will raise USD 2,000 million (nearly Rs 9,606 crore) through various domestic and int...
- Gulf Oil Corp to raise $100 million from foreign marketHinduja Group company Gulf Oil Corp on Thursday said it would raise $100 million (around Rs 460.10 crore) from foreign markets.
- Cambridge Solutions to raise $40 millionCambridge Solutions plans to raise up to $40 million, including green shoe option of $10 million, either through American depositary receip...
- Electrotherm to raise Rs 300 cr from overseas mktsElectrotherm India on Thursday said it will raise Rs 300 crore from the overseas markets through the issue of different securities like bon...
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