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Total 185 results found. Search for [ SoftBank Corp ]

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Reuters
March 24, 2020
SoftBank shares closed up 19% on Monday, hitting their daily limit


Reuters
March 23, 2020
SoftBank's share price extended early gains on Monday, jumping 19 percent following the announcement of the asset sales


BusinessToday.In
New Delhi, March 5, 2020
IRDAI asks insurance companies to cover coronavirusRegulator IRDAI on Wednesday asked insurers to expeditiously settle hospitalisation claims related to coronavirus disease under health policies. It also instructed insurance companies to come out with policies to cover treatment costs for coronavirus infection, which has impacted thousands of people worldwide.OYO to cut 5,000 jobs globally; China to see highest reductionSoftBank-backed Oyo Hotels recently confirmed that the compan...


Reuters
January 22, 2020
WEF Davos 2020: Goldman was one of investment banks that would have led the IPO last year, after convincing WeWork it could improve on the USD 47 billion valuation in a private fundraising round it secured in January 2019


Reuters
New Delhi, December 19, 2019
Oyo, which is also backed by SoftBank Group Corp, said it has bought back the shares in Japanese apartment rental company Oyo Life


Reuters
New Delhi, November 27, 2019
The companies owe solar and wind power generators including Goldman Sachs-backed ReNew Power and Softbank-backed SB Energy over $1.35 billion, according to the Central Electricity Authority


BusinessToday.In
New Delhi, November 25, 2019
Ritesh Agarwal-led hospitality startup posted a five-time jump in its total expenditure at Rs 9,027.53 crore in FY19 compared with Rs 1,835.38 crore in FY18


Reuters
November 22, 2019
Under co-founder and ex-CEO Adam Neumann, WeWork had become bloated, was diversifying into all kinds of areas - including setting up a school and running apartment buildings - and was expanding at a breakneck speed without any clear route to profitability


Reuters
Tokyo, November 8, 2019
The slower IPO approach is likely to increase SoftBank Group's reliance on its telecoms unit SoftBank Corp, according to analysts. The business accounted for nearly a third of the conglomerate's operating income in the last financial year


Reuters
November 6, 2019
Last month, SoftBank was forced to spend more than $10 billion to bail out WeWork after the U.S. company's IPO attempt flopped


Reuters
TOKYO, November 6, 2019
The scale of the loss shows the risks in SoftBank's strategy of splashing out big on cash-burning startups. It has also cast a pall on his efforts to raise a second massive fund


Reuters
LONDON, November 5, 2019
Masayoshi Son wants to keep borrowing below one-quarter of the value of SoftBank's assets, which include stakes in e-commerce group Alibaba, two telecom operators, chipmaker Arm and a chunk of the $100 billion Vision Fund


Reuters
TOKYO, November 5, 2019
The telco maintained its full year operating profit forecast at 890 billion yen.


BusinessToday.In
New Delhi, October 30, 2019
Govt forms panel to look into financial woes of telcos after SC's AGR blowThe Modi government has formed a Committee of Secretaries (CoS) to find out ways to reduce financial stress in the telecom sector. The panel, formed under Cabinet Secretary Rajiv Gauba, will suggest ways to make a favourable environment for investment in the sector struggling to keep up revenue. The committee may soon announce a financial bailout package for the ailing sector by lowering spectrum charges and...


BusinessToday.In
New Delhi, October 30, 2019
Ola's connected car project aims to give real-time solutions regarding future mobility issues; as part of the deal, Microsoft will acquire a 4.5 per cent stake in ANI Technologies for $200 million


Reuters
October 25, 2019
By October, with the IPO abandoned and WeWork bleeding cash, co-founder Adam Neumann found himself late on a Sunday evening pleading with his company's largest lender for a $5 billion lifeline


Reuters
Bengaluru, October 25, 2019
The SoftBank-Oyo partnership, Oyo Hotels Japan, opened hotels in over 50 Japanese cities, including Tokyo, Osaka and Kyoto


Reuters
October 23, 2019
The rescue financing marks a dramatic fall from grace for Neumann, who as recently as last month was preparing to take WeWork public as chief executive after attaining a $47 billion valuation for it in January


BusinessToday.In
October 15, 2019
The buzz is that the investors include Ant Financial, one of Paytm's earliest backers, and Softbank Group Corp, which had pumped in $1.4 billion last year, the largest fund infusion by a single investor in a desi start-up


Reuters
September 25, 2019
SoftBank managed to muster enough opposition to Neumann in a meeting of We Company's seven-member board on Tuesday to convince him to step down.


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