General Electric

Toshiba Plans to Split Into Three Firms, Rejects Calls to Go Private

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Toshiba Plans to Split Into Three Firms, Rejects Calls to Go Private

Japan’s Toshiba outlined plans on Friday to split into three independent companies, seeking to appease activist shareholders calling for a radical overhaul after years of scandal. The move echoes a shift by fellow industrial conglomerate General Electric and will see Toshiba spin off core businesses — its energy and infrastructure divisions will be housed in … Read more

Wide-ranging reforms make India attractive destination for investment: FM Nirmala Sitharaman

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Wide-ranging reforms make India attractive destination for investment: FM Nirmala Sitharaman

India’s continuous wide-ranging reforms make the country an attractive destination for foreign investments, Finance Minister Nirmala Sitharaman said on Friday while addressing executives of top US companies. She also mentioned about stimulus packages announced recently; as well as strong, calibrated relief and reforms during COVID leading to sharp decline in new infections with ramping up … Read more