Japanese bank to pay US $250M in laundering case

Last Updated: Friday, June 21, 2013, 00:28

Bank of Tokyo Mitsubishi will pay USD 250 million to state of New York for laundering billions in transactions that violated economic sanctions against Iran, Sudan, and Myanmar.

Mitsubishi Electric mulls elevator factory in India

Last Updated: Friday, March 22, 2013, 21:30

Vishnani said the company is exploring the opportunity to set up a plant here given the fact global majors like Kone Elevators have production facilities in India.

Police on toes to trace stolen vehicle of Shinde`s son-in-law

Last Updated: Saturday, February 16, 2013, 17:18

Special police teams have been formed to trace the SUV belonging to the son-in-law of Union Home Minister Sushilkumar Shinde.

Hindustan Motors to launch new SUVs with Mitsubishi

Last Updated: Tuesday, January 15, 2013, 13:34

Hindustan Motors Limited (HML), the makers of the good old Ambassador car in India, is planning to launch new SUVs next fiscal in collaboration with Mitsubishi Motors Japan, a company official said here.

Mitsubishi to produce Pajero Sport in Russia in 2013

Last Updated: Thursday, August 30, 2012, 10:24

Mitsubishi Motors President Osamu Masuko said the new vehicle will be made at the PSMA Rus plant in Kaluga in central Russia.

Hindustan Motors cuts Cedia price by Rs 1.31 lakh

Last Updated: Tuesday, April 17, 2012, 00:23

Car maker Hindustan Motors on Monday cut the prices of sedan Cedia of its Japanese partner Mitsubishi's portfolio by Rs 1.31 lakh with immediate effect.

Linc Pen signs capital pact with Mitsubishi Pencil

Last Updated: Tuesday, March 27, 2012, 23:44

Linc Pen has distribution arrangement with Mitsubishi Pencil Co for its Uni/Uni-ball brand since 1992.

Mitsubishi mulls entering Indian small car market

Last Updated: Monday, March 12, 2012, 16:37

At present, models such as sedans Lancer, Cedia along with SUVs Montero and Outlander from the stable of Mitsubishi are sold in India.

TCS, Mitsubishi to invest USD 5 mn in JV

Last Updated: Wednesday, February 8, 2012, 18:26

TCS said earlier it had formed a joint venture with Mitsubishi Corp to offer services to clients in Japan, with an initial investment of USD 5 million.

Mitsubishi Electric India to acquire Messung Group

Last Updated: Monday, January 23, 2012, 19:12

The business transfer agreement signed by two parties in December 2011 is expected to be completed by the end of March.

Woodford ends battle to return as Olympus CEO

Last Updated: Friday, January 6, 2012, 09:36

The ousted CEO of Olympus Corp, Michael Woodford, said on Friday he is calling a halt to his three-month battle to replace the management of the scandal-tainted Japanese endoscope maker and to return to lead the battered company.

L&T, Mitsubishi to sign shipbuilding pact

Last Updated: Tuesday, December 27, 2011, 13:25

Engineering and construction company Larsen & Toubro's shipbuilding arm will sign a technological and licensing agreement with Japan's Mitsubishi Heavy Industries Ltd as both firms look for shipbuilding opportunities in emerging economies.