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SoftBank to invest $1 bn in US sports e-commerce firm Fanatics

TMT

09 August, 2017

SoftBank to invest $1 bn in US sports e-commerce firm Fanatics

SoftBank Group Corp is investing $1 billion in Fanatics Inc as a part of a funding round that values the ......

Sensex ends lower after SEBI's trading curbs on shell companies

Markets

08 August, 2017

Sensex ends lower after SEBI's trading curbs on shell companies

Indian shares ended lower for a second consecutive session on Tuesday on concerns over a broad government crackdown on suspected ......

Didi Chuxing backs Uber's Middle East rival Careem

TMT

08 August, 2017

Didi Chuxing backs Uber's Middle East rival Careem

DiDi Chuxing, China's largest ride-hailing firm, has invested in Middle East online taxi service Careem in a new partnership deal ......

SEBI cracks down on shell companies in surprise move

Markets

08 August, 2017

SEBI cracks down on shell companies in surprise move

India imposed trading restrictions on 162 listed entities identified as shell companies, a surprise move that analysts said was part ......

Eros in talks with Apple, Amazon, Netflix for library sale

TMT

07 August, 2017

Eros in talks with Apple, Amazon, Netflix for library sale

Indian movie production house Eros is in early talks with Apple, Amazon and Netflix to sell its film and music ......

Bharti Airtel selling $400 mn stake in telecom tower unit

TMT

07 August, 2017

Bharti Airtel selling $400 mn stake in telecom tower unit

Indian telecoms group Bharti Airtel Ltd has launched a sale of a 3.7 percent stake in tower arm Bharti Infratel ......

Tesla looks to raise $1.5 bn to ramp up Model 3 production

TMT

07 August, 2017

Tesla looks to raise $1.5 bn to ramp up Model 3 production

Tesla Inc said on Monday it intends to raise about $1.5 billion in a bond offering as the U.S. automaker ......

SoftBank keen to invest in Uber, Lyft: Masayoshi Son

TMT

07 August, 2017

SoftBank keen to invest in Uber, Lyft: Masayoshi Son

SoftBank Group CEO Masayoshi Son said he was interested in investing in ride-hailing firms Uber Technologies and Lyft but had ......

SoftBank first-quarter profit surges 50% after inclusion of Vision Fund

Finance

07 August, 2017

SoftBank first-quarter profit surges 50% after inclusion of Vision Fund

Japan's SoftBank Group Corp on Monday reported a 50.1 percent rise in first-quarter operating profit, after the company included Vision ......

Uber courts controversy again, said to use faulty cars in Singapore

TMT

04 August, 2017

Uber courts controversy again, said to use faulty cars in Singapore

Uber Technologies Inc knowingly rented its drivers defective cars at risk of catching fire, the Wall Street Journal reported on ......