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SoftBank Group Corp

Unacademy gets SoftBank backing, joins unicorn league

TMT

02 September, 2020

Unacademy gets SoftBank backing, joins unicorn league

Unacademy has raised a whopping $150 million (Rs 1,094 crore) in a new funding round led by SoftBank, catapulting the ......

Amazon's new offerings make India centre of fintech push

TMT

02 September, 2020

Amazon's new offerings make India centre of fintech push

Amazon.com Inc has added insurance and even gold to its menu of financial services in India, to expand its customer ......

SoftBank-backed Oyo sees signs of recovery after pandemic pummels travel

TMT

02 September, 2020

SoftBank-backed Oyo sees signs of recovery after pandemic pummels travel

The COVID-19 pandemic will mean holiday-goers will shy away from larger hotels for the foreseeable future in favor of boutiques ......

Grapevine: SoftBank stake in SB Energy eyed; Sony Pictures Networks-Viacom18 merger likely

General

27 August, 2020

Grapevine: SoftBank stake in SB Energy eyed; Sony Pictures Networks-Viacom18 merger likely

Ontario Municipal Employees’ Retirement System, private equity fund Actis and Brookfield Asset Management have submitted bids to buy SoftBank Group ......

SoftBank drops operating profit measure, notes $2.8 bn Vision Fund gain

Finance

11 August, 2020

SoftBank drops operating profit measure, notes $2.8 bn Vision Fund gain

SoftBank Group Corp broke with tradition on Tuesday and did not disclose operating profit in its quarterly results, saying the ......

With Bharti deal in the bag, Britain rockets into unknown with OneWeb

TMT

09 July, 2020

With Bharti deal in the bag, Britain rockets into unknown with OneWeb

Britain is betting that satellite operator OneWeb will help it boldly go into a post-Brexit era. But it faces formidable ......

SoftBank governance reforms stop short of Vision Fund

Finance

06 July, 2020

SoftBank governance reforms stop short of Vision Fund

SoftBank Group Corp has no plans to increase board oversight of its $100 billion Vision Fund, two sources said, disregarding ......

Bharti-British govt consortium wins bid for satellite company OneWeb

TMT

03 July, 2020

Bharti-British govt consortium wins bid for satellite company OneWeb

A consortium of billionaire Sunil Mittal’s Bharti Global Ltd and the British government has won an auction to acquire satellite ......

SoftBank is not ‘SoftPunku', says CEO Masayoshi Son in defence of strategy

Finance

25 June, 2020

SoftBank is not ‘SoftPunku', says CEO Masayoshi Son in defence of strategy

SoftBank Group Corp Chief Executive Masayoshi Son mounted a defence of his investing decisions on Thursday, saying the value of ......

SoftBank Vision Fund head's pay doubled last year despite massive losses

Finance

01 June, 2020

SoftBank Vision Fund head's pay doubled last year despite massive losses

SoftBank Vision Fund's head, Rajeev Misra, saw his total pay for the past business year more than double to 1.6 ......