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SoftBank shares fall 5.5 per cent as Saudi ties cause concern

SoftBank shares decline by worries over its ties to Saudi Arabia as well as a broader market sell-off.

15 Oct 2018 9:22 AM

Toyota, Softbank unveil tie-up, eye autonomous vehicle services

Monet would be created by April 2019 and would have an initial capital injection of 2.0 billion yen ($17.5 million).

04 Oct 2018 11:25 AM

BSNL inks deal with Softbank, NTT to roll out 5G, IoT service

The government is yet to finalise details of allocation of spectrum for 5G services.

23 Sep 2018 12:27 PM

'Walmart paid Rs 7,439 crore tax on Flipkart deal'

Walmart is legally not required to withhold tax on payments made to foreign shareholders with a stake of less than 5 per cent.

16 Sep 2018 1:07 PM

Flipkart to expand e-grocery store in 5 to 6 Indian cities by year-end

It takes head-on players like Alibaba-backed BigBasket and SoftBank-funded Grofers as well as rival Amazon India.

09 Aug 2018 5:24 PM


SoftBank to launch mobile payments service in Japan with Paytm

SoftBank said the service will be launched in autumn through a joint venture with Yahoo Japan Corp.

27 Jul 2018 2:56 PM

SoftBank partners Paytm to launch payments service in Japan

Paytm offers seamless mobile payments to over 300 million customers and 8 million merchants in India.

27 Jul 2018 12:40 PM

SoftBank's Masayoshi Son says Japan is ‘stupid’ for not allowing ride-sharing

SoftBank and Didi are launching a taxi-hailing service in Japan that would match users to existing taxi fleets.

19 Jul 2018 11:13 AM

SoftBank tightens grip on Yahoo Japan via $2 billion deal with Altaba

SoftBank will buy 221 billion yen ($2 billion) of Yahoo Japan shares from Altaba, formerly internet giant Yahoo.

10 Jul 2018 2:25 PM

Yahoo buys back USD 2 bn of shares in three-way deal with SoftBank

SoftBank will buy 221 billion yen ($1.99 billion) of Yahoo Japan shares from Altaba.

10 Jul 2018 8:58 AM


Ola-Uber can go for merger to avoid competition and curb losses

To overcome the huge losses by both Ola and Uber, SoftBank suggested the merger of both the companies.

15 Jun 2018 1:44 PM

IT department await final print of Flipkart deal

Walmart had said earlier this month said that it would take control of Flipkart.

28 May 2018 1:23 PM

SoftBank says selling its entire Flipkart stake to Walmart

SoftBank Group Corp said it is selling its roughly 20 pc stake in Indian e-commerce firm Flipkart to Walmart.

23 May 2018 8:37 AM

Walmart could buy stake in Flipkart as early as next week: sources

Walmart’s purchase of new equity is likely to value Flipkart at at least $18 billion.

21 Apr 2018 10:12 AM

SoftBank, Alibaba to invest USD 445 mn in Paytm E-commerce

Alibaba, an existing investor in Paytm E-commerce, is also putting in $45 million in the round.

03 Apr 2018 8:28 AM


SoftBank, China's GCL team up for USD 930 million Indian solar venture

SoftBank and GCL’s new venture will eventually have a capacity of 4GW and will be implemented in two 2GW phases.

02 Apr 2018 3:24 PM

Softbank reviving Ola-Uber India merger talks

India is already among the top three markets for Uber after the US and Latin America.

29 Mar 2018 12:24 PM

Will invest whatever we have to for success in India: Uber CEO

Uber has been pumping in substantial funds to fuel its growth in India.

28 Mar 2018 4:38 PM

Ola expands in Australia, begins service in Sydney

Last month, the company had kick-started its services in Australia with Perth.

12 Mar 2018 10:53 AM

Uber to stay invested in India; looks to grow 10 times: CEO

Uber accounts for less than 1 pc of USD 5 trillion transportation industry globally and capturing higher share.

23 Feb 2018 10:56 AM