Founded in 1924 by Arnold Schweitzer, Caran d'Ache is a product of Switzerland's long history of watch-making and jewellery manufacture.
To take on China's Alibaba, Baidu bought stake in Uber.
The all-cash deal is expected to close in the March 2016 quarter.
Meru Cabs is in talks with Chinese e-commerce giant Alibaba.
It has replacements ready even for senior managers, in case someone quits.
Arora was hired in July to run a newly created unit called SoftBank Internet and Media Inc.
Revenue from its IT services business rose 9 percent to $1.86 billion.
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