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Grapevine: SoftBank to invest in Lenskart, Dailyhunt; Colombia carrier parent eyes Jet

General

26 August, 2019

Grapevine: SoftBank to invest in Lenskart, Dailyhunt; Colombia carrier parent eyes Jet

SoftBank is in advanced discussions to close two investments — a $400 million (about Rs 2,881 crore at current exchange ......

SoftBank-backed OYO to rebrand Hooters hotel in Las Vegas for $135 mn

Consumer

23 August, 2019

SoftBank-backed OYO to rebrand Hooters hotel in Las Vegas for $135 mn

SoftBank Group Corp-backed Indian hotel aggregator Oyo will rebrand a Hooters Casino Hotel in Las Vegas, a deal that a ......

Grapevine: SoftBank may invest in Snapdeal; Everstone, ChrysCapital eye US firm

General

19 August, 2019

Grapevine: SoftBank may invest in Snapdeal; Everstone, ChrysCapital eye US firm

Japanese conglomerate SoftBank has shown interest in leading a $100 million (Rs 713 crore at current exchange rate) funding round ......

Grapevine: Alibaba to list terms for Zomato funding; SoftBank may invest in Meesho

General

12 August, 2019

Grapevine: Alibaba to list terms for Zomato funding; SoftBank may invest in Meesho

Chinese e-commerce giant Alibaba's fintech affiliate Ant Financial, which is a key shareholder in Zomato Media Pvt. Ltd, may specify ......

Grapevine: OYO standstill clause looms for SoftBank; Dewan Housing sells DHFL House

General

05 July, 2019

Grapevine: OYO standstill clause looms for SoftBank; Dewan Housing sells DHFL House

OYO Hotels and Homes founder Ritesh Agarwal and largest minority investors Lightspeed Venture Partners and Sequoia Capital India have put ......

Indian govt may order Uber, Ola to go electric in clean mobility push

Infrastructure

06 June, 2019

Indian govt may order Uber, Ola to go electric in clean mobility push

India plans to order taxi aggregators like Uber and Ola to convert 40% of their fleet of cars to electric ......

SoftBank to book $11-bn profit from Alibaba share sale

TMT

04 June, 2019

SoftBank to book $11-bn profit from Alibaba share sale

Japan's SoftBank Group Corp said on Tuesday it expects to book around 1.2 trillion yen ($11.12 billion) in pre-tax profit ......

Falcon Edge may back Stanza Living; Jaypee Infratech to vote on NBCC's revised bid

General

15 May, 2019

Falcon Edge may back Stanza Living; Jaypee Infratech to vote on NBCC's revised bid

Delhi-based student accommodation platform Stanza Living is in the process of securing $30 million (Rs 210 crore at current exchange ......

Indiabulls may sell realty biz to Blackstone; SoftBank may invest $2-3 bn in Jio

General

24 April, 2019

Indiabulls may sell realty biz to Blackstone; SoftBank may invest $2-3 bn in Jio

The Indiabulls Group plans to exit its real estate business and has approached realty player Godrej Properties and its joint ......

How SoftBank is going about its quest to rule the road

TMT

12 April, 2019

How SoftBank is going about its quest to rule the road

SoftBank Group Corp leader Masayoshi Son has much bigger ambitions for transportation than simply seeing his investment in Uber Technologies ......