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Accounting scandal

Writedown fears wipe $5 billion off Toshiba's value as it weighs options

Writedown fears wipe $5 billion off Toshiba's value as it weighs options

Wed, Dec 28, 2016

A looming writedown at Japanese conglomerate Toshiba Corporation has wiped almost $5 billion off its value in two days and prompted a credit rating downgrade on Wednesday, as the company grapples to plug a potential multi-billion dollar hole.

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Toshiba may book big loss on US nuclear acquisition, shares plunge

Toshiba may book big loss on US nuclear acquisition, shares plunge

Tue, Dec 27, 2016

Toshiba Corporation said on Tuesday it may book a goodwill impairment loss of several hundreds of billion yen on a US nuclear power acquisition made by its Westinghouse division, sending its stock tumbling 12%.

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Toshiba first-half profit triples on asset sales

Toshiba first-half profit triples on asset sales

Fri, Nov 11, 2016

Toshiba said on Friday its half-year profit tripled, owing to cost cuts and the sale of its home appliances business, providing a boost to the firm as it tries to turn the page on an embarrassing accounting scandal.

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SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens

SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens

Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations

Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations

New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets

New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets

Power of Compounding: How many years it will take to reach Rs 2 crore corpus if your monthly SIP is Rs 3,000, Rs 4,000, or Rs 5,000

Power of Compounding: How many years it will take to reach Rs 2 crore corpus if your monthly SIP is Rs 3,000, Rs 4,000, or Rs 5,000

Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment

Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment

Stocks to Buy for Long Term: Largecap, midcap, smallcap shares analysts are positive on; check out target prices

Stocks to Buy for Long Term: Largecap, midcap, smallcap shares analysts are positive on; check out target prices

Senior Citizen FD: SBI 3-year FD vs PNB 3-year FD vs HDFC Bank 3-year FD; which FD will give highest return on Rs 5 lakh investment

Senior Citizen FD: SBI 3-year FD vs PNB 3-year FD vs HDFC Bank 3-year FD; which FD will give highest return on Rs 5 lakh investment

Foreign investors sue Toshiba over accounting scandal

Foreign investors sue Toshiba over accounting scandal

Thu, Oct 13, 2016

A group of investors, mostly foreign institutions, are suing Toshiba Corporation in a Tokyo court for 16.7 billion yen ($162.3 million or nearly Rs 1,079.74 crore ) in damages, over a $1.3 billion (nearly Rs 8,648.6 crore) accounting scandal uncovered last year.

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