Sony Corp halves stake in Olympus to raise funds for growth

Last Updated: Wednesday, April 1, 2015, 17:32

Japan`s Sony Corp halved its stake in camera and endoscope maker Olympus Corp to raise funds for a restructuring drive under which it is boosting investment in sensors and videogames while pulling back from unprofitable segments.

Gerard Butler`s private screening for US Marines

Last Updated: Friday, April 12, 2013, 12:28

Gerard Butler held a private screening of his upcoming film `Olympus Has Fallen` for US Marines because he wanted to make sure they had no objections.

Gerard Butler`s fans want him in action films

Last Updated: Wednesday, April 10, 2013, 08:58

Gerard Butler says his fans wish he does more action films, but he admits he enjoys working in all types of movies.

Angela Bassett was nervous working with Morgan Freeman

Last Updated: Tuesday, March 26, 2013, 12:47

Angela Bassett says she was initially nervous about working with Morgan Freeman in the action movie ‘Olympus Has Fallen’.

Gerard Butler busy being a `monk`

Last Updated: Sunday, March 24, 2013, 11:11

Gerard Butler is reportedly engrossed in becoming a monk and roaming around the world after filming his action film `Olympus Has Fallen`.

Visiting India still on Gerard Butler`s wish list

Last Updated: Saturday, March 23, 2013, 08:57

Gerard Butler says he wants to visit India soon to experience peace and calm.

Olympus eyes 10% market share by FY15

Last Updated: Wednesday, March 13, 2013, 18:54

Olympus on Wednesday launched 9 compact cameras under the brand Stylus

Sony to invest ¥50 billion in ‘scandal-tainted’ Olympus Corp

Last Updated: Saturday, September 29, 2012, 21:58

The investment will make cash-bleeding Sony Corp. the single biggest shareholder in Olympus, with slightly more than 11 percent of its outstanding stock.

Olympus former executives plead guilty in scandal trial

Last Updated: Tuesday, September 25, 2012, 12:13

Three former executives of Japanese camera and endoscope maker Olympus Corp pleaded guilty on Tuesday after being charged in connection with a USD 1.7 billion accounting cover-up in one of the biggest corporate scandals in Japan.

Sony front-runner for buying stake in Olympus: Report

Last Updated: Friday, June 22, 2012, 20:57

Japanese Electronics major Sony Corp has emerged as the front-runner for buying a stake in camera and medical equipment maker Olympus, says a media report.

MNCs announce 71,000 job cuts globally

Last Updated: Sunday, June 17, 2012, 17:11

The cuts have been announced by companies from various sectors, during the first six months of 2012, and those from the technology services space are the worst hit.