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Ghosn’s pay probe spotlight shifts to Nissan, CEO Saikawa

Bloomberg In the uproar over Carlos Ghosn’s alleged financial improprieties, the former chairman of Nissan Motor Co. has received most of the heat. Now, the scrutiny has expanded to the role of the Japanese automaker and its chief executive officer: Hiroto Saikawa. Tokyo prosecutors on December 10 indicted Nissan, as well as Ghosn, for allegedly misleading investors and the government ...

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Indian firm Byju’s valued at $3.6bn after new funding

Bloomberg Byju’s, an Indian education startup, more than doubled its valuation to $3.6 billion after a funding round led by Naspers Ventures and the Canada Pension Plan Investment Board. The company raised $540 million, which will be used to fuel an expansion into English-speaking countries, Bangalore-based Byju’s said in a statement. The new valuation puts it among the top five ...

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India’s Vedanta rallies as tribunal orders its copper smelter restart

Bloomberg Shares of billionaire Anil Agarwal’s Vedanta Ltd. surged in Mumbai after the country’s National Green Tribunal said the company could restart its copper smelter that accounts for nearly half of India’s output. Vedanta’s shares rose as much as 6.3 percent in Mumbai on Monday, paring losses to 37 percent this year, after the tribunal quashed the Tamil Nadu state ...

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