India's steel-to-autos conglomerate Tata Group, widely seen as a potential suitor for Air India, is unlikely to consider a bid for the state-run carrier as the government's terms are just too onerous, two sources familiar with the matter said.
Leucadia National is doubling down on its largest business, financial services, as the conglomerate announced plans to trim its stake in a meat business and sell off interest in a car-dealership group.
South Korean prosecutors searched offices at a Samsung Electronics Co Ltd unit on Friday as part of a probe into allegations that the conglomerate sabotaged worker efforts to set up stronger labor unions, Yonhap News Agency said.
Toshiba Corp will not use the option of cancelling the US$18 billion sale of its memory chip unit unless there is any "major material change" in circumstances, the Japanese conglomerate's new chief executive said on Tuesday.
They were the investment banker and retail exec who rose to sit at the top of the fashion world. Now, Carol Lim and Humberto Leon share their experience of building LVMH brand Kenzo into the business darling of the French fashion conglomerate.
Reliance Industries Ltd said on Tuesday its unit would sell some of its shale assets in the United States to privately held Sundance Energy Inc for $100 million, as the Indian oil-to-telecom conglomerate moves closer to exit U.S. shale investments.