TCS, Mitsubishi sign agreement; to merge IT units

Tata Consultancy Services has signed an agreement with Japanese major Mitsubishi Corporation to form a single IT services unit, the company said on Monday. The merger, in which TCS will hold 51 per......

Mitsubishi surprises Biyani, wants stake in Big Bazaar

Japan's Mitsubishi Corporation has sprung a surprise on Kishore Biyani by asking for a piece of Big Bazaar, Future Group's flagship retail business.Sources familiar with the development said the......

Nissan to acquire 34% stake in Mitsubishi for over $2 billion

Japanese auto major Nissan Motor Co on Thursday announced plans to acquire 34 per cent stake in beleaguered compatriot Mitsubishi Motors Corporation for 237 billion yen (over $2 billion). Nissan......

PM welcomes Mitsubhi's investment

Wooing global companies to invest in India's infrastructure sector, Prime Minister Manmohan Singh on Monday assured companies, such as Mitsubishi Corporation, of "hospitable" environment.According......