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Indias e-commece sector is expected to rise to become a $40 billion market in next few decades. (Representational image/Photo: PTI)

E-commerce sector gets $2.1 bn in July-Sept; defies eco slowdown

Investmensts in ecommerce companies from foreign players during three months rose 17 per cent.

17 Oct 2017 10:30 AM GMT

Earlier in the day, a case was registered against the Ola cab driver. (Representational Image)

Ola said to raise $2 billion from SoftBank, Tencent: Bloomberg

Japan's SoftBank has been looking to play consolidator in India's flourishing startup ecosystem.

3 Oct 2017 4:03 AM GMT

Flipkart had hired about 10,000 temporary staffers, mostly in logistics, ahead of festive sales

Flipkart investors, employees trimming stakes as part of SoftBank deal

In August, Flipkart said SoftBank's Vision Fund had committed to the deal, giving the company an edge over Amazon.com.

30 Nov 2017 10:24 AM GMT

Uber Technologies Incs warring board members have agreed to investment by SoftBank Group Corp in the ride-services company. (Photo: AFP)

SoftBank offers to buy Uber shares at 30 pc discount: source

SoftBank is also expected to make a separate $1 billion investment in the company at the $68.5 billion valuation.

28 Nov 2017 4:54 AM GMT

Uber Technologies Incs warring board members have agreed to investment by SoftBank Group Corp in the ride-services company. (Photo: AFP)

Uber to disclose price on SoftBank deal early next week: sources

SoftBank's $1 billion direct investment in Uber is expected to be at the same valuation.

25 Nov 2017 5:57 AM GMT

Uber on Thursday said it will not levy dynamic or surge pricing during the odd-even car rule implementation in Delhi next week. (Photo: AFP)

Uber informed SoftBank about data breach before making details public

Uber is trying to complete a deal in which SoftBank would invest as much as USD 10 billion for at least 14 per cent of...

24 Nov 2017 3:30 AM GMT

SoftBank wrote off 39.28 billion yen in the value of shares in its Indian investments

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 3:52 AM GMT

SoftBank wrote off 39.28 billion yen in the value of shares in its Indian investments

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).

4 Oct 2018 5:55 AM GMT

Several investment-linked sectors such as real estate and capital goods continue to face headwinds. (Representational image)

PE investments jump 55 pc to all-time high of USD 24 bn in 2017

In terms of number of deals the year 2017 saw 21 per cent less activity as compared to 2016.

15 Jan 2018 9:21 AM GMT

Uber CEO Travis Kalanick (Photo: AFP)

Uber ex-CEO Kalanick selling nearly a third of stake for $1.4 billion:...

SoftBank deal values Uber at $48 bn, about a 30 pc discount from its most recent valuation of $68 billion.

5 Jan 2018 5:29 AM GMT

The bug in the Uber software was not a one-off case and had been experienced by other users. (Photo: Representational Image)

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 5:26 AM GMT

The Flipkart co-founder Binny Bansal said that Flipkarts strategic partnership with Microsoft will help his company to scale up in the coming days.

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 April 2018 4:42 AM GMT