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

SoftBank reports drop in quarterly profit on Alibaba stake

SoftBank quarterly net profit was 5.5 billion yen ($50 million), down from 254 billion yen previous year.

7 Aug 2017 12:49 PM IST

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

Softbank to invest over $2.5 billion in Flipkart

Following the infusion, Softbank has become one of the largest shareholders in the domestic etailer.

11 Aug 2017 1:13 AM IST

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

Uber shareholders discuss stock sale to SoftBank, others

The deal could include investment of new money into the startup.

15 July 2017 5:12 PM IST

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

Flipkart could offer $900-950 mn for Snapdeal

Snapdeal's valuations have also plummeted from about USD 6.5 billion in February 2016.

13 July 2017 11:26 AM IST

Paytm has updated its app to launch Indias first APP POS, which will democratise digital payments. (Photo: Representational Image)

Paytm may pick up stake in BigBasket for $200 million

Investing in BigBasket would help Paytm in further strengthening its play in the e-commerce space.

13 July 2017 10:36 AM IST

Softbank looking for active role in Indian market

Softbank looking for active role in Indian market

The company is looking to secure piece of India's industry in a series of deals.

8 May 2017 9:30 AM IST

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

Japan's SoftBank takes driving seat in Indian online shake-up

SoftBank has poured roughly $1 bn into Snapdeal since 2014, but competition has risen dramatically with Amazon cranking...

8 May 2017 8:49 AM IST

Ola aims at investing Rs 100 crore in adding 1,00,000 drivers to its platform

Ola raises Rs 670 cr from Ratan Tata-backed fund

Company posted a consolidated loss of over Rs 2,311 crore -- about Rs 6 crore a day -- during fiscal 2015-16.

4 May 2017 9:37 AM IST

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

SoftBank proposes merger of Snapdeal with Flipkart

Kunal Bahl-promoted ecommerce giant has been in trouble for lack of funds and low profitability.

28 March 2017 2:07 PM IST

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

Flipkart expects 5-fold transactions under 'Big 10'

Big 10 sale will be held from May 14 to 18 to mark completion of 10 years of Flipkart.

11 May 2017 2:28 PM IST

SoftBank logs Rs 9,000 cr loss from India investments

Japanese firm has multi-billion investments in Indian firms, including Ola, Snapdeal and Elara Technologies.

10 May 2017 5:20 PM IST

Snapdeal is estimated to have raised over USD 1.7 billion so far in multiple funding rounds.

Snapdeal, Flipkart deal may leave staff richer by Rs 193 cr

Snapdeal founders will get USD 60 million (cumulative), of which half will be given to employees.

14 May 2017 2:42 PM IST