July 13, 2021 10:32 am
“Commission approves the proposed acquisition of certain stake in Bundl Technologies (Swiggy) by SVF II Songbird (SoftBank Group entity),” the Competition Commission of India (CCI) said on Monday in a tweet from its official account.
July 13, 2021 10:25 am
Flipkart Group comprises e-commerce marketplace Flipkart, online fashion retailer Myntra, fin-tech firm PhonePe, Flipkart Wholesale and online travel portal Cleartrip.
April 22, 2020 1:41 pm
“Our company is taking a difficult but necessary step for India, whereby we are asking all OYOprenuers to accept a reduction in their fixed compensation by 25%,” the company's chief said.
March 26, 2020 11:23 am
SoftBank’s shares slid as much as 8.4% early in Tokyo trade. The Moody’s downgrade -- lowering SoftBank’s corporate family rating and senior unsecured rating to Ba3 from Ba1 -- pushed the company deeper into junk territory.
March 05, 2020 8:32 am
The Indian startup, Oyo Hotels, is reducing staff in China, the US and its home country as it seeks to boost profitability.
February 29, 2020 1:34 am
Rajeev Misra Allegedly Ran Campaigns to Plant Negative Stories against Nikesh Arora & Alok Sama
February 13, 2020 10:40 am
SoftBank Group Corp profit was 2.6 billion yen ($24 million) in the October-December quarter versus 438 billion yen a year before.
November 13, 2019 9:55 am
The $100 billion Vision Fund was part of a flood of money that has washed over the world in the past decade — and that has upended people’s lives when the startups broke their promises.
November 06, 2019 10:07 pm
The Japanese investment powerhouse on Wednesday reported its first quarterly operating loss in 14 years -- about $6.5 billion --after writing down the value of a string of marquee investments.
October 22, 2019 9:24 am
JPMorgan Chase & Co. is expected to present a separate financing package to the WeWork board, another person said. The bank has been pitching investors on a $5 billion junk-debt offering, but it has yet to outline the details.