Toshiba's No. 2 shareholder asks company to openly seek suitors
The Hindu
Toshiba dismissed last week a $20 billion buyout offer from CVC Capital Partners as lacking detail
(Subscribe to our Today's Cache newsletter for a quick snapshot of top 5 tech stories. Click to subscribe for free.) Toshiba Corp's second-biggest shareholder called on the Japanese conglomerate to conduct a strategic review and explicitly solicit suitors, criticising the company's comments on wanting to remain listed as deterring potential acquirers. "We call upon the board to openly welcome interest from suitors who could enhance corporate value and ask the board to conduct a formal review of strategic alternatives," 3D Investment Partners said in a letter sent to Toshiba's board on Monday and made public.
Bombay High Court grants bail to Chetan Patil in Shivaji statue collapse case; sculptor Jaydeep Apte's plea pending.
Deadly rinderpest outbreak devastates Mudumalai Wildlife Sanctuary, highlighting the threat of diseases from domestic cattle to wild populations.
Suryanarkoil Mutt's history, traditions, and leadership succession explained in detail with references and comparisons to other Saivaite Mutts.
Upalokayukta takes action against officials for neglecting century-old Kelageri Tank in Dharwad, setting 20-day deadline for rejuvenation.
On World Fisheries Day, India launches projects for marine and inland aquaculture, aiming to transform the fisheries sector and blue economy.
Lokayukta police raid uncovers ₹26.6 crore in assets from government officials in Karnataka, leading to investigations and cases filed.
Court boycott by advocates in Tamil Nadu demands Advocates Protection Bill for safety, affecting litigants from remote villages.
Army faces allegations of harassment and torture in Kishtwar, Jammu; probe ordered, sparking concerns over human rights violations.
Karnataka’s software and services exports crossed ₹4.11 lakh crore during fiscal 2023-24 (March 2024) from ₹3.2 lakh crore a year ago, marking a 27% year-on-year growth, Minister for IT&BT, Priyank Kharge, said here on Thursday quoting Software Technology Parks of India (STPI) data.
Continuous rainfall in Thoothukudi has caused severe hardship for residents as rainwater has inundated several areas. Efforts to drain stagnant water in the city have been intensified
Indictment details Adani bribery scheme to secure solar power contracts, involving Adani Green Energy and Azure Power executives.