SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 20 Nov, 2018  

Nissan.9.Thmb.jpg Nissan shares fall 5.45% after Chairman's arrest

Nissan.9.jpg
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
IANS | 20 Nov, 2018
Japanese automobile manufacturer Nissan's shares on Tuesday fell by 5.45 per cent on the Tokyo Stock Exchange following the arrest of its chairman over alleged financial irregularities.

Carlos Ghosn, responsible for creating the Renault-Nissan-Mitsubishi alliance, was arrested on Monday for allegedly under-reporting his income. He is expected to be relieved of his position, reports Efe news.

The price of Nissan shares fell to 950.7 yen ($8.45), after having earlier slumped to a low of 940 yen.

Japanese carmaker Mitsubishi Motors, where Ghosn served as chairman of the board, said in a statement that it would launch an internal investigation to find out if he was involved in any irregularities within the company.

Mitsubishi's shares fell 6.85 per cent on the stock market.

Ghosn, 64, allegedly under-reported his income by 5 billion yen in the last five years, Kyodo news agency reported, citing company sources.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter