Softbank Corp
Zomato shares rise on block deal, SoftBank potentially selling
08 Dec 2023
Zomato Ltd. witnessed a surge in its shares during the early trading session, fueled by reports of a substantial bulk deal.
WeWork, formerly the most valuable US startup, declares bankruptcy under SoftBank ownership
07 Nov 2023
WeWork, the once high-flying office space provider backed by SoftBank Group, filed for bankruptcy protection on Monday, 6 November 2023.
SoftBank sees 50-fold rise in net profit at $2.8 bn on back of Flipkart deal
07 Aug 2018
SoftBank showed a gain of around $1.48 billion on its balance sheet due to an increase in the fair value of its stake in Flipkart, translating to a 60-per cent return on its investment ahead of its sale to Walmart
SoftBank to invest up to $100 bn in India’s solar power sector
15 Jun 2018
SoftBank had in 2015 announced a $20-billion joint venture with Bharti Enterprises and Taiwan’s Foxcon for solar projects in India and in April this year teamed up with China's GCL System Integration Technology Co Ltd for a $930 million Indian solar energy venture
SoftBank still undecided on sale of Flipkart stake to Walmart
11 May 2018
Despite earlier statements treating the Flipkart-Walmart deal as final, SoftBank’s Masayoshi Son is now reported to be having second thoughts on selling his company's stake in the ecommerce firm
SoftBank to ‘overachieve’ on its $10 bn Indian investment target: Son
30 Apr 2018
Chief executive Masayoshi Son plans to go with a local team for SoftBank’s $100-billion Vision Fund, and despite some bets like Snapdeal and Housing.com not paying, sees big opportunities in Indian portfolio firms such as Oyo Rooms
SoftBank invests $400 million in Paytm Mall
03 Apr 2018
SoftBank wants Uber to focus on US, Europe and LatAm: report
20 Jan 2018
Softbank has high stakes in all major ride-hailing companies, including Uber and its Chinese rival Didi and India’s Ola, and it wants all of them to make money
Ola ties up $2 bn funding from SoftBank, Tencent, others
03 Oct 2017
Ola, the largest ride-hailing company in India, today secured $2 billion in new funding from a group of investors including SoftBank Group Corp and China's Tencent Holding
Softbank in talks with Uber for $10 billion investment: report
15 Sep 2017
If Softbank makes full investments under the deal, it could get as much as 22 per cent stake in Uber, which would entail purchasing shares directly from the company as also existing shareholders
SoftBank Vision Fund invests $2-2.5 bn in Flipkart
10 Aug 2017
While the company did not reveal the quantum of investment, Flipkart said this is the biggest-ever private investment in an Indian technology company, and will make the Vision Fund one of the largest shareholders in Flipkart
SoftBank lines up $65 billon to fund Charter deal: report
01 Aug 2017
While Charter Communications was not interested in the acquisition of Sprint, SoftBank chairman Masayoshi Son had all along sought the combining of Charter with SoftBank’s loss-making Sprint Corp
Softbank's Mayoshi Son gets $93 bn for Vision Fund from major investors
22 May 2017
With investments from deep pockets like Abu Dhabi, Apple, Qualcomm, Foxconn and Sharp, the technology-focused SoftBank Vision Fund has become the world's largest private equity fund
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
