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SoftBank's biggest India bet turning out to be its worst nightmare

TMT

29 February, 2024

SoftBank's biggest India bet turning out to be its worst nightmare

Japan's SoftBank Group has further reduced its stake in beleaguered Indian payments firm Paytm to 2.83% from 5.01%, ......

SoftBank-backed Eruditus may shift domicile to India for IPO

Consumer

13 February, 2024

SoftBank-backed Eruditus may shift domicile to India for IPO

SoftBank-backed Indian educational technology firm Eruditus is planning to shift its domicile from Singapore to India ......

SoftBank reports first profit in five quarters propelled by turnaround in portfolio yield

Finance

08 February, 2024

SoftBank reports first profit in five quarters propelled by turnaround in portfolio yield

Japan's SoftBank Group returned to profit for the first time in five quarters on Thursday, as the Japanese tech ......

SoftBank likely to score profit this quarter after five straight bouts of losses

Finance

07 February, 2024

SoftBank likely to score profit this quarter after five straight bouts of losses

Japan's SoftBank Group is expected to post a net profit for the first time in five quarters when the tech ......

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PremjiInvest sets course for nearly $200 mn exit with a multi-bagger

TMT

05 February, 2024

PremjiInvest sets course for nearly $200 mn exit with a multi-bagger

PremjiInvest, the family office of Wipro’s Azim Premji, that has been active in backing both venture as well as growth......

Paytm shares plunge 20% after RBI orders payments bank unit to stop business

Finance

01 February, 2024

Paytm shares plunge 20% after RBI orders payments bank unit to stop business

Shares of Indian payments firm Paytm tumbled 20% in pre-open trade on Thursday, after a move by the country's ......

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SoftBank headed for a big haircut from one of its showcase India bets

TMT

24 January, 2024

SoftBank headed for a big haircut from one of its showcase India bets

Japan’s SoftBank, known for its big-ticket private equity investments in new age tech companies in the country and ......

SoftBank-backed edtech firm Eruditus narrows FY23 losses as revenue jumps

TMT

22 January, 2024

SoftBank-backed edtech firm Eruditus narrows FY23 losses as revenue jumps

SoftBank-backed edtech firm Eruditus narrowed its losses in the financial year ended June 2023 while its revenue jumped......

Nasdaq talks to India about overseas listings for local companies

Markets

11 January, 2024

Nasdaq talks to India about overseas listings for local companies

U.S. stock exchange Nasdaq has held talks with Indian authorities on potentially allowing local Indian companies to list......

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How one of SoftBank's smallest India bets is faring as Unicommerce gets $80 mn pre-IPO tag

TMT

08 January, 2024

How one of SoftBank's smallest India bets is faring as Unicommerce gets $80 mn pre-IPO tag

Japanese technology investment goliath SoftBank, which has either exited or is in the process of exiting several of its ......

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