Softbank Group
Business  /  Published 13.05.22

Paytm blow to SoftBank

In November 18, 2021, shares of One97 Communications had debuted at Rs 1,955  on the BSE — a discount of 9 per cent to the issue price of Rs 2,150 per share. It then ended at Rs 1,564.15 a...
By Our Special Correspondent in Mumbai

India  /  Published 08.05.22

E-scooter fire finger at batteries

Faulty battery cells and modules have been identified as the leading cause of electric scooters catching fire in India in recent weeks, according to the findings of an initial investigation, two gover...
By Reuters in New Delhi

Business  /  Published 16.03.22

Buzz over Zomato, Blinkit merger

Zomato, the online food delivery platform, on Tuesday said it will give a loan of $150 million to quick commerce start-up Blinkit (formerly Grofers) amid reports that the move will eventually lead to ...
By Our Special Correspondent in Mumbai

Business  /  Published 09.11.21

SoftBank in the red

SoftBank Group Corp sank into the red for the July-September period, dragged down by losses on its investments in China, the Japanese technology conglomerate said on Monday. SoftBank reported a 397.9...
By AP via PTI in Tokyo

Business  /  Published 31.08.21

Ola to raise $1bn from IPO

Indian ride-sharing giant Ola plans to raise up to $1 billion through an initial public offering (IPO) and is finalising banks to advise on the fund-raise, three sources told Reuters, becoming the lat...
By Reuters in New Delhi, Hong Kong


Business  /  Published 10.07.21

SoftBank targets API Holdings stake

SoftBank Group is reportedly in discussions to invest in API Holdings which owns PharmEasy, the country’s largest online pharmacy chain. According to a Bloomberg report, API is seeking a valuat...
By Our Bureau in Mumbai

Business  /  Published 09.06.21

Softbank eyes Flipkart return

Flipkart, the Walmart Inc-owned e-commerce firm, is in talks to raise at least $3 billion from investors, including Japan’s SoftBank Group and various sovereign wealth funds. The possible retur...
By Our Bureau in Mumbai

Business  /  Published 14.12.20

Foreign float better option

Japanese multinational conglomerate SoftBank Group, that has financed several early stage companies in the country, sees a benefit for Indian start-ups raising funds from overseas listing. The Compan...
By A Staff Reporter in Calcutta

Business  /  Published 07.10.19

Founder leads Oyo fund raiser

Indian hospitality startup Oyo, backed by Japanese conglomerate SoftBank Group Corp, announced on Monday a $1.5 billion deal with its existing investors that will tighten the founder’s control and p...
By Agencies in Bangalore

World  /  Published 18.05.20

Jack Ma quits bank’s board

SoftBank Group on Monday said that Jack Ma, the co-founder of Chinese e-commerce giant Alibaba, has resigned from its board, an announcement that came as the Japanese company said it was preparing to ...
By Ben Dooley in New York


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