1. Softbank
Flipkart-Snapdeal merger hits speed bump as PremjiInvest raises objections

Flipkart-Snapdeal merger hits speed bump as PremjiInvest raises objections

Binu Paul 4 days ago
The much-anticipated merger between Indian e-commerce companies Flipkart and Snapdeal looks to be delayed further as one of its smaller investors, PremjiInvest, has once again...
Not stepping down anytime soon, says SoftBank CEO Masayoshi Son

Not stepping down anytime soon, says SoftBank CEO Masayoshi Son

Reuters 5 days ago
SoftBank Group founder Masayoshi Son, Japan’s richest man, said on Wednesday he’ll spend the next decade identifying a successor to drive his rapidly growing technology...
Ola raises $50 mn from New York-based hedge fund

Ola raises $50 mn from New York-based hedge fund

Arti Singh 2 weeks ago
Cab-hailing firm Ola, operated by ANI Technologies Pvt. Ltd, has raised about $50 million (Rs 322 crore) from New York-based hedge fund Tekne Capital Management...
SoftBank steers Flipkart-Snapdeal merger talks to broad agreement

SoftBank steers Flipkart-Snapdeal merger talks to broad agreement

Vijayakumar Pitchiah 2 weeks ago
Masayoshi Son-led Japanese internet conglomerate SoftBank, which is orchestrating a merger between e-tailers Flipkart and Snapdeal, has reportedly reached a broad agreement with stakeholders on...
Snapdeal’s HR chief Saurabh Nigam resigns amid merger talks

Snapdeal’s HR chief Saurabh Nigam resigns amid merger talks

Binu Paul 4 weeks ago
Even as its impending merger with rival firm Flipkart inches closer to completion, e-commerce marketplace Snapdeal has lost another top-level executive with human resources chief...
Exclusive: Snapdeal issues stock worth $17 mn to Nexus, founders

Exclusive: Snapdeal issues stock worth $17 mn to Nexus, founders

Dearton Thomas Hector 4 weeks ago
Jasper Infotech Pvt. Ltd, which runs online marketplace Snapdeal, has received a fund infusion of Rs 113.3 crore (about $17 million) from existing investor Nexus...
Flipkart CEO Krishnamurthy to oversee personnel, search on for HR chief

Flipkart CEO Krishnamurthy to oversee personnel, search on for HR chief

Shruti Jain 1 month ago
Flipkart chief executive Kalyan Krishnamurthy will directly oversee the human resources function at the company, as the e-commerce firm inches closer to merging struggling rival...
Flipkart signs term sheet for Snapdeal buyout

Flipkart signs term sheet for Snapdeal buyout

Dearton Thomas Hector 1 month ago
Bangalore-based homegrown e-commerce company Flipkart has moved closer to sealing its merger with rival firm Snapdeal. It has signed a term-sheet and will conduct financial...
SoftBank trashes charges of execs getting kickbacks for early India bets

SoftBank trashes charges of execs getting kickbacks for early India bets

Manu P Toms 1 month ago
Even as Japan’s telecom and Internet conglomerate SoftBank charges ahead with its huge India investments, including the just-concluded $1.4-billion infusion in digital wallet company Paytm...
Wary of investors taking control, Ola founders secure their place at the wheel

Wary of investors taking control, Ola founders secure their place at the wheel

Vijayakumar Pitchiah 1 month ago
In a move to prevent a hostile takeover, cab hailing app Ola has rewritten the rules of engagement to restrict its investors, including SoftBank Group,...
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