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Toshiba and Western Digital are close to settling their legal dispute over the sale of an $18 billion semiconductor unit
News & Analysis

Toshiba and Western Digital are close to settling their legal dispute over the sale of an $18 billion semiconductor unit

But Western Digital, Toshiba’s chip joint venture partner and a jilted suitor in the auction of the unit, argues that no deal can proceed without consent.

Toshiba wrestles with last minute delays on its $18 billion memory chip business sale
News & Analysis

Toshiba wrestles with last minute delays on its $18 billion memory chip business sale

Sources familiar with the matter confirmed consortium members were still wrangling over details of their agreement.

Readying for hot seat: Rishad Premji set to join Wipro board from 2016
Corporate

Readying for hot seat: Rishad Premji set to join Wipro board from 2016

Rishad joining the board of the company means that he is a step closer to being the next chairman of Wipro, a post held by Azim Premji presently.

Private equity sector optimistic about business climate under Modi govt: Survey
India

Private equity sector optimistic about business climate under Modi govt: Survey

Around 90 per cent of private equity investors believe the improving business climate under the Modi-led government is leading to optimism in the private equity sector.

Lilliput fiasco: Kroll, BMR join hands to battle India's PE fraud claims
Business

Lilliput fiasco: Kroll, BMR join hands to battle India's PE fraud claims

Stressing on synchronisation, Kroll will deal with external evidence while BMR will focus on internal financial faults to protect PE investors.

IIM A placements: Are fewer consulting jobs, indication of MBA hiring this year?
Business

IIM A placements: Are fewer consulting jobs, indication of MBA hiring this year?

The first placement cluster began on Saturday and was dominated by international investment banks, consulting firms, general management leadership programmess and investment management firms

For stranded Chinese IPOs, private equity to the rescue
World

For stranded Chinese IPOs, private equity to the rescue

According to buyout industry and banker sources, Bain Capital, Blackstone Group LP, Kohlberg Kravis Roberts and Permira are among the private equity firms that are showing interest in what's commonly known as pre-IPO financing