Japan's ex-Economic Security Minister Takaichi leads race for LDP presidency as country braces for leadership shiftSanae Takaichi is a leading candidate for president of Japan's Liberal Democratic Party. A recent poll shows her ahead of other contenders ...
HIL: Tamil Nadu Dragons prevail over Delhi SG Pipers 3-2Tamil Nadu Dragons defeated Delhi SG Pipers with a 3-2 victory in a Hockey India League match. Tomas Domene put Pipers ahead, but Dragons s...
'Blackstone, Bain to bid for Mitsubishi Pharma unit in up to $3.5 billion deal'Mitsubishi Chemical has hired Goldman Sachs to run the sale process and binding bids are due on Dec. 24, the sources said. Local private eq...
Newly privatised Toshiba to cut 4,000 jobs in restructuring driveToshiba announces plans to cut up to 4,000 jobs in Japan as part of restructuring efforts following its takeover by a consortium led by Jap...
Indian Men's Hockey team faces 1-5 defeat against Netherlands in South Africa tour finaleThe Indian men's hockey team wrapped up their South Africa tour with a 1-5 defeat against the Netherlands. Despite Abhishek's lone goal, th...
Toshiba to be delisted after 74 years, faces future with new ownersThe conglomerate is being taken private by a group of investors led by private equity firm Japan Industrial Partners(JIP) which also includ...
Toshiba delisted after 74 years, faces future with new ownersToshiba was delisted on Wednesday after 74 years on the Tokyo exchange, following a decade of upheaval and scandal that brought down one of...
Toshiba, Rohm to invest $2.7 billion to jointly produce power chipsPower chips efficiently control electric power in cars, electronic devices and industry equipment. The ministry expects the global power ch...
Toshiba to go private after winning shareholder support for JIP's $14 billion takeover offerA consortium led by Japan Industrial Partners (JIP) has acquired a 78.65% stake in Toshiba through a tender offer, bringing the company clo...
Foxconn eyes $500 million mobile accessories unit in BengaluruThese discussions are a part of the company's ambitious expansion in India in areas which span from semiconductors to electric vehicles.
Toshiba board recommends shareholders support JIP-led $14 billion buyoutThe board earlier this year accepted the buyout offer, which would value the conglomerate at 4,620 yen a share or 2 trillion yen ($14.29 bi...
Kioxia, Western Digital speed up merger talks as memory chip demand slumps: reportJapan's Kioxia and US chipmaker Western Digital have been hit hard by plunging market demand and oversupply. Combining their flash memory b...
Toshiba working with JIP to expedite $15-billion buyoutAfter Toshiba's board in March accepted a 2 trillion yen ($14.8 billion) buyout offer from the JIP-led group, Toshiba has "received positiv...
Japan's Nikkei gains first time in a week as BOJ shock eases; Toshiba soarsAutomaker shares rebounded strongly after the yen showed signs of stabilizing, and the real estate sector rallied as long-term bond yields ...
Toshiba valued at $16 billion by JIP in takeover bidThe JIP-led group, which is the preferred bidder to take the Japanese industrial group private, plans to provide 1 trillion yen in cash, wh...
Xiaomi, JioPhone widen leads in smartphone, feature phone markets respectively: CounterpointThe only silver lining for the Korean smartphone maker was taking the No 1 spot in the premium segment, leaving behind OnePlus and Apple at...
Foxconn comes to terms with 80 per cent Snapdeal lossFIH Mobile, the Hong Kong-listed unit of Foxconn, recognised an impairment loss of $160 million related to its investment in Jasper Infotec...