Mitsubishi

A Yen For India: Japan steps up as US, Canada pull back from Indian realty

Over the past three to four years, most major Japanese conglomerates have lined up extensive investments, mainly in equity, but with some debt as well.

Kanakia inks deal with Hines, Mitsubishi, Sumitomo for 1.5 million sq ft BKC project

The project is expected to come up on a three acre land parcel in BKC, now the city's main financial district, with an estimated investment of around Rs 3,000 crore.

Japanese automakers Honda, Nissan, Mitsubishi drop their talks on business integration

Nissan Chief Executive Makoto Uchida said the talks had changed focus from setting up a joint holding company to making Nissan into a subsidiary of Honda

Japanese executive from Mitsubishi sings Rajinikanth's tamil film Muthu's song among students at Pondicherry University

A heartwarming moment recently went viral when Mr. Kuboki San, a 77-year-old senior executive from Mitsubishi, left students at Pondicherry University in awe with his rendition of a Tamil song from the iconic 1995 Rajinikanth film Muthu. The touching performance took place during the GLOBIZZ’24 event, organized by the university, where Mr. Kuboki's unexpected display of cultural appreciation deeply resonated with the audience, leaving them both surprised and emotionally moved.

Mitsubishi UFJ Financial Group leads race to acquire majority stake in Yes Bank: Report

Rival bidders, including Sumitomo Mitsui Banking Corp and Emirates NBD, have withdrawn from the process due to concerns regarding the 26 percent voting rights limit

Mitsubishi Motors joins Honda-Nissan alliance amidst major auto industry shift: Report

The driving force behind this alliance is the urgent need to adapt to a rapidly changing auto industry, marked by the shift from internal combustion engines to EVs.

77-year-old Mitsubishi executive in Pondicherry sings Tamil song from Rajinikanth's film. Watch

The Rajinikanth-starrer was a hit in Japan after a dubbed version was released in the country in 1998. 'Muthu' helped the actor gain a strong fan following in Japan.

Mitsubishi to enter Indian car sales market; acquire over 30% stake in TVS Mobility

Under the agreement, car sales major TVS Mobility will spin off its car sales business, with Mitsubishi taking a stake of over 30 percent in the new entity.

Space Race: Hyundai, Mitsubishi are working on a moonshot

As governments, coupled with research organisations and commercial clients, find the cash to make lunar missions happen and some like India do it on a shoestring budget, we face the very real prospect of moonshots becoming a truly global venture. That alone is an achievement worth celebrating

Mitsubishi Motors to electrify 100% of its fleet by 2035: Report

Mitsubishi also plans on introducing EVs in Europe, it added, saying the company would make an announcement about its plans soon. Mitsubishi also plans on introducing EVs in Europe, it added, saying the company would make an announcement about its plans soon.

NTPC shares trade in green after MoU signing with Japan's Mitsubishi Heavy Industries

The MoU was signed to demonstrate the feasibility of hydrogen co-firing blended with natural gas in order to achieve India's net zero emission targets and to de-carbonise the process of power generation,

Renault-Nissan-Mitsubishi alliance say to deepen cooperations in EV production

They will increase the number of common platforms for EVs to five from four, and by 2030 plan to have a combined EV line up of 35 vehicles, they said in a press release.

Carlos Ghosn used Nissan-Mitsubishi venture to inflate pay: Lawyers

Ghosn, the former chairman of the Renault-Nissan-Mitsubishi alliance, was arrested in Japan in 2018 on financial misconduct charges but fled to Lebanon last December.

Mitsubishi sees virus outbreak to affect global economy, resource prices: CFO

"In the short term, any impact on our business in China will be limited," Chief Financial Officer Kazuyuki Masu told an earnings news conference.

Mitsubishi to shut Singapore oil-trading unit after losses by trader

Mitsubishi said the unit, Petro-Diamond Singapore, "has confirmed after closing the positions concerned, it will realize a loss of approximately 34.2 billion yen ($314 million) before taxes, which could put the subsidiaries final debt as high as 30.8 billion yen."

Deliveries of Mitsubishi's SpaceJet face fresh delay: Report

Such a delay would be the sixth for the programme, which aimed to revive Japan's dormant commercial aviation industry.

Mitsubishi sells Australian iron ore, rail project to Sinosteel

The Japanese trading house divested all of subsidiary Crosslands Resources shares to Sinosteel unit Sinosteel Ocean Capital for an undisclosed sum, according to a statement from Mitsubishi. The shares were transferred on Friday, according to the statement.

Is Mitsubishi planning to revive the Lancer Evo?

Though nothing has been confirmed yet, it can be assumed that the new Evo will borrow its engine from the next-generation Renault Megane RS.

Mitsubishi eyes 20% market share in elevator space

In FY 2018, the demand for elevators in India was over 50,000 units and the segment is having a year-on-year growth of around 5 to 6 percent.

Nissan, Renault break up almighty chairmanship in wake of Carlos Ghosn's ouster

The removal of Ghosn, credited for rescuing Nissan from near-bankruptcy in 1999, had caused much uncertainty about the future of the alliance and some speculation the partnership could even unravel.

In shadow of Carlos Ghosn, Nissan, Renault and Mitsubishi meet to hash out future

A Tokyo court on March 11 rejected Ghosn's request to attend Nissan's board meeting, denying him a seat at the table even as the car maker looks set to bolster the alliance with France's Renault and Mitsubishi Motors that Ghosn drove for over two decades.