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TOSHIBA GOVERNANCE SCANDAL
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...
20 Dec, 2023, 08.11 AM IST
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...
21 Sep, 2023, 07.39 AM IST
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...
08 Jun, 2023, 10.42 AM IST
Toshiba to go private as board accepts $15 bn takeover bid: reportsWhen approved under global competition laws, the acquisition, which has an estimated value of two trillion yen ($15 billion), is expected t...
23 Mar, 2023, 04.05 PM IST
Toshiba plans to split into three firms, shareholder reaction in focusJapan's Toshiba Corp has outlined plans to break up into three independent companies by spinning off two core businesses - its energy and i...
12 Nov, 2021, 01.04 PM IST
Toshiba set to announce split into three firms, shareholder reaction in focusThe plan - borne of a strategic review undertaken after a highly damaging corporate governance scandal - is aimed at improving shareholder ...
12 Nov, 2021, 10.32 AM IST
Toshiba corporate scandal: Chairman says wants to stay on, says new directors neededToshiba has come under fierce scrutiny after an independent investigation last week revealed management colluded with Japan's powerful trad...
14 Jun, 2021, 03.46 PM IST
Toshiba chairman issues cautious statement on CVC's take-private offer"This initial proposal by CVC was completely unsolicited and not initiated by Toshiba," board chairman Osamu Nagayama said.
09 Apr, 2021, 12.47 PM IST
With India visit, Westinghouse CEO keeps nuclear project aliveDespite the financial crisis, Westinghouse CEO Jose Gutierrez flew in to India last week for talks with state-run National Power Corp of In...
09 Mar, 2017, 01.10 AM IST
Toshiba to book record loss, cut 5% of workforce this yearToshiba Corp said on Monday it would book a record net loss this year and cut around 5 percent of its workforce as the sprawling conglomera...
21 Dec, 2015, 06.19 PM IST
Modi govt's plan to allow 100% FDI in rail infra picks up pace; but investors in wait-and-watch modeIndian Railways must focus on wooing foreign investors first to the low hanging fruit before getting more ambitious with bullet train proje...
11 Jan, 2015, 10.18 AM IST