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Delegat’s founder Jim Delegat to step back from daily operations
By Suze Metherell April 16 (BusinessDesk) – Jim Delegat, founder of Delegat’s Group, is stepping down from running the winemaker’s daily operations to focus on the company’s strategic direction. From next month Delegat will take on the role executive chairman, where he will p...

NZ government scales back larger scale applications in Genesis Energy float
April 16 (BusinessDesk) - The government will progressively scale down applications for large shareholdings in Genesis Energy ahead of tomorrow’s listing after the final partial privatisation in the current programme attracted 68,000 investors. The scaling policy will cap gene...

Diligent shares jump as first-quarter figures show growth slowing less than feared
By Suze Metherell April 16 (BusinessDesk) – Diligent Board Member Services stock rose as much as 12 percent after the governance app developer posted quarterly figures showing sales growth hasn’t slowed as much as some investors had expected. The New York-based, New Zealand-li...