GM rebuffs two-class share plan from Einhorn's Greenlight Capital
General Motors Co on Tuesday rejected a proposal by billionaire investor David Einhorn to split its common stock into two classes to help boost its share price.
India's Infosys Ltd (INFY.NS) said on Friday a newspaper report it was planning to fire up to 5,000 poorly performing workers was "wrong", although it encourages "chronic under-performers" to leave as part of its staff management.
Infosys INFY.O, India's second-largest software services exporter, was sacking up to 5,000 poor performers to trim costs, the Economic Times reported earlier.
Infosys, which is also listed in the United States, added the number of potential under-performers that could leave the company was "significantly lower" than the 5,000 quoted in the media report.
(Reporting by Harichandan Arakali in BANGALORE; Editing by Rafael Nam)
TOKYO The board of Japan's Toshiba Corp has approved a Chapter 11 filing for its U.S. nuclear unit Westinghouse, the Nikkei business daily reported on Wednesday.