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Grapevine: OYO standstill clause looms for SoftBank; Dewan Housing sells DHFL House

General

05 July, 2019

Grapevine: OYO standstill clause looms for SoftBank; Dewan Housing sells DHFL House

OYO Hotels and Homes founder Ritesh Agarwal and largest minority investors Lightspeed Venture Partners and Sequoia Capital India have put ......

Indian govt may order Uber, Ola to go electric in clean mobility push

Infrastructure

06 June, 2019

Indian govt may order Uber, Ola to go electric in clean mobility push

India plans to order taxi aggregators like Uber and Ola to convert 40% of their fleet of cars to electric ......

SoftBank to book $11-bn profit from Alibaba share sale

TMT

04 June, 2019

SoftBank to book $11-bn profit from Alibaba share sale

Japan's SoftBank Group Corp said on Tuesday it expects to book around 1.2 trillion yen ($11.12 billion) in pre-tax profit ......

Falcon Edge may back Stanza Living; Jaypee Infratech to vote on NBCC's revised bid

General

15 May, 2019

Falcon Edge may back Stanza Living; Jaypee Infratech to vote on NBCC's revised bid

Delhi-based student accommodation platform Stanza Living is in the process of securing $30 million (Rs 210 crore at current exchange ......

Indiabulls may sell realty biz to Blackstone; SoftBank may invest $2-3 bn in Jio

General

24 April, 2019

Indiabulls may sell realty biz to Blackstone; SoftBank may invest $2-3 bn in Jio

The Indiabulls Group plans to exit its real estate business and has approached realty player Godrej Properties and its joint ......

How SoftBank is going about its quest to rule the road

TMT

12 April, 2019

How SoftBank is going about its quest to rule the road

SoftBank Group Corp leader Masayoshi Son has much bigger ambitions for transportation than simply seeing his investment in Uber Technologies ......

SoftBank, Google's VC arm back American insurance-tech startup

TMT

11 April, 2019

SoftBank, Google's VC arm back American insurance-tech startup

Tech-driven insurance startup Lemonade Inc has signed a $300 million funding round led by Japan’s SoftBank Group Corp , the ......

Hospitality firm V Resorts raises Series A capital from HNIs, existing investors

TMT

08 April, 2019

Hospitality firm V Resorts raises Series A capital from HNIs, existing investors

New Delhi-based Bliss Inns Pvt. Ltd, which runs an asset-light resort management company under the brand name V Resorts, has ......

Alok Sama to step down from SoftBank; KKR, GIC to pare stake in HDFC

General

01 April, 2019

Alok Sama to step down from SoftBank; KKR, GIC to pare stake in HDFC

SoftBank Group International’s Alok Sama is stepping down from his position as the firm’s president and chief financial officer after ......

Zomato sets sights on Google-backed Dunzo; MT Educare seeks funding from Gaja, WestBridge

General

28 March, 2019

Zomato sets sights on Google-backed Dunzo; MT Educare seeks funding from Gaja, WestBridge

Food delivery and restaurant discovery company Zomato Media Pvt. Ltd is looking to acquire Bengaluru-based on-demand services provider Dunzo Digital ......