Wed, Jan 24, 2024
The firm offloaded shares worth Rs 2,840 crore across three tranches -- May, July and December 2023 -- and the fourth tranche concluded earlier this week.
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Wed, Dec 27, 2023
The transaction bolsters the listed assets in SoftBank's portfolio, doubling its T-Mobile US stake to 7.64 per cent from 3.75 per cent currently, following the blockbuster listing of chip designer Arm in September.
Mon, Dec 11, 2023
The firm as of September end held 3.44 per cent stake or 29,60,73,993 equity shares in Zomato.
Fri, Sep 23, 2022
The reported valuation cut comes at a time when the hospitality major is eyeing its initial public offering (IPO) in months to come.
Mon, Aug 08, 2022
The Masayoshi Son-led Japanese giant posted massive losses for its second straight quarter. The conglomerate earlier reported net loss at $16.2 billion for its January-March quarter this year.
Thu, May 05, 2022
Indian grocery start-up Zepto has announced raising USD 200 million in new funding, valuing the company at USD 900 million.
Sat, Mar 12, 2022
Japanese investor SoftBank Investment Advisers is in talks with Tatas and Mahindras for a stake buy in one of their subsidiaries, a top official said on Friday.
Tue, Dec 21, 2021
Several SoftBank-backed companies and many popular names such as payments platform Paytm, beauty e-commerce retailer Nykaa and food delivery platform Zomato have sought a listing in India this year as ample liquidity and strong retail participation pushed the stock market to record levels.
Wed, Dec 08, 2021
In a letter to employees that was leaked on Blind, an anonymous community app for the workplace, Garg said: "I failed to show the appropriate amount of respect and appreciation for the individuals who were affected and for their contributions to Better. I own the decision to do the layoffs, but in communicating it I blundered the execution. In doing so, I embarrassed you."
Tue, Nov 09, 2021
SoftBank Group Corp shares jumped 10% on Tuesday, the first trading session after the Japanese conglomerate said it would spend up to 1 trillion yen ($8.8 billion) buying back almost 15% of its shares.
Thu, Sep 30, 2021
The fundraise comes at a time when Ola has already set the benchmark in two-wheeler sales by selling over US$150Mn of scooters in its first purchase window
Mon, Sep 20, 2021
With the chip crunch driving up prices, automakers such as Maruti Suzuki India, Tata Motors and Mahindra and Mahindra have taken production hits and raised prices of certain vehicles.
Tue, Aug 10, 2021
SoftBank Group Corp`s Vision Fund unit on Tuesday posted a 236 billion yen ($2.14 billion) profit in the first quarter after gains from listing portfolio companies were offset by falling shares in firms like e-retailer Coupang Inc.
Fri, Dec 06, 2019
Son`s comments come weeks after he was forced to bail out office-sharing startup WeWork when Neumann`s level of control over his firm and hard-partying ways chilled investor appetite and crashed plans for an initial public offering (IPO).
Mon, Dec 02, 2019
Japan`s Yusaku Maezawa on Friday posted footage of a $900 million payday for the fashion magnate following his sale of a stake in Zozo Inc, the online fashion retailer he founded, to SoftBank Group Corp.
Mon, Nov 18, 2019
SoftBank Corp plans to merge internet unit Yahoo Japan with messaging app operator Line Corp to create a $30 billion tech giant.
Tue, Nov 05, 2019
SoftBank Group Corp is expected to outline tougher governance standards and restrictions on dual-class share structures on Wednesday after WeWork pulled its IPO.
Fri, Oct 25, 2019
SoftBank Group Corp <9984.T> is poised to write down at least $5 billion to account for a sharp drop in the value of some of its biggest holdings including WeWork and Uber Technologies Inc.
Tue, Oct 22, 2019
SoftBank Group offered nearly $10 billion on Monday to WeWork and its shareholders under a takeover plan that would keep the US office-space sharing start-up afloat.
Mon, Sep 23, 2019
Japanese conglomerate SoftBank Group reportedly wants to oust Adam Neumann as the CEO of WeWork, a US firm that provides shared workspaces for start-ups. WeWork directors were planning an immediate board meeting this week to discuss the details of removing Neumann.
Fri, Aug 09, 2019
Shares of SoftBank Corp, which listed in December in Japan`s largest IPO, traded above their 1,500 yen IPO price on Friday for the first time.
Fri, Jul 26, 2019
Other investors in the fund include the National Investment Corporation of National Bank of Kazakhstan, Standard Chartered Bank, and investors from Taiwan.
Mon, May 13, 2019
A prospective deal between SoftBank Group Corp`s Vision Fund and UK-based financing group Greensill Capital could be announced as early as Monday, a city source told Reuters.
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