Toshiba shareholders vote down both spin-off plan and call to seek buyout offersThe proposal to seek private equity buyout offers or a minority investment was made by Singapore-based 3D Investment Partners, Toshiba's No...
24 Mar, 2022, 11.32 AM IST
Toshiba shareholders vote down both spin-off plan and call to seek buyout offersThe result of the extraordinary general meeting will likely force Toshiba to revise its controversial restructuring plan and ensure that th...
24 Mar, 2022, 10.14 AM IST
Proxy advisory firm ISS recommends against Toshiba's break-up plan"Years of corporate governance turmoil...a split shareholder base, and an uninspiring management track record raise significant scepticism ...
10 Mar, 2022, 10.08 AM IST
In surprise move, Toshiba CEO resigns amid opposition to restructuring plansSenior executive Taro Shimada, a former Siemens AG executive, who only joined in 2018, will become the new interim head of the company effe...
01 Mar, 2022, 11.47 AM IST
Toshiba sets March date for initial vote on break-up planThe final vote to determine whether to break up the 146-year-old conglomerate won't happen until next year but the meeting will be an impor...
14 Feb, 2022, 12.38 PM IST
Toshiba says now plans to split into two companies instead of threeIts revised plan is still expected, however, to face much pushback from foreign hedge funds, many of whom have been opposed to any kind of ...
07 Feb, 2022, 12.12 PM IST
Toshiba walked away from potential buyout talks and Brookfield offerToshiba's decision to not pursue either course - some details of which have not been previously reported - and instead focus on a plan to s...
06 Dec, 2021, 09.57 AM IST
Toshiba CEO Nobuaki Kurumatani resigns as buyout offer stirs turmoilNobuaki Kurumatani's resignation is the latest development in years of upheaval at the firm, which only won back its spot on the first sect...
15 Apr, 2021, 07.50 AM IST
For several private equity firms, Japan offers more opportunities than ChinaJapan presents more attractive targets, for reasons that are as much political as financial
19 Apr, 2019, 09.42 AM IST
Toshiba to exit home appliance, TV business in India as losses mountToshiba has informed key trade partners and dealers in India about its decision and has stopped importing goods for over a month now.
07 Jan, 2016, 04.00 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
- L&T to restructure non-core businesses, sells stake in L&T Plastics Machinery
L&T shares remained subdued even as it signed a share sale & purchase agreement with Toshiba Machine, to sell its stake in L&T Plastics.
27 Aug, 2012, 01.56 PM IST
- Asia-Pacific tech M&A growth outpaces global average
Shrugging off tough market conditions, the Asia-Pacific region, including India, saw healthy M&A deal trends in the technology sector last ...
16 Feb, 2012, 04.00 PM IST
- Toshiba names new president
Toshiba Corp said on Wednesday it has named a new president, joining a string of other Japanese companies in shuffling management amid a cr...
18 Mar, 2009, 06.01 PM IST
- Toshiba eyes drastic reform of chip business
Japanese electronics giant Toshiba said it plans "drastic" reform of its chip business amid a report it was in talks with rival NEC on inte...
30 Jan, 2009, 10.26 AM IST
- Hewlett-Packard keeps lead over Dell in PCs
Hewlett-Packard Co maintained its lead over Dell Inc in the global personal-computer market in the first quarter, market researcher IDC sai...
20 Apr, 2007, 02.11 AM IST
- GE to sell arms for $3.8bn
General Electric said on Thursday that it had agreed to sell its advanced materials business, which includes silicones and quartz, to priva...
15 Sep, 2006, 01.54 AM IST