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Team BT
November 13, 2019



Goutam Das
November 11, 2019
Beyond the unicorns, the Japanese have spread their wings further. Between 2014 and the first half of 2019, over 105 Indian start-ups have received capital from Japanese backers spread across 157 deals, a new report from DataLabs, the research wing of Inc42 Media states


BusinessToday.In
New Delhi, November 8, 2019
Housing projects involved in fraud ruled out of real estate distress fund; Nandan Nilekani bats for digital disruption; SoftBank CEO Masayoshi Son aims to be more cautious about the timings of IPOs and more news on News Blast.


BusinessToday.In
New Delhi, November 8, 2019
Moody's lowers India's outlook to 'negative'; economy's fundamentals robust, says govtAfter Moody's Investors Service Friday changed its outlook on India's ratings to \"negative\" from \"stable\" over the country's economic slowdown, the government said it had undertaken series of reforms to strengthen the economy as a whole and that these measures would lead to a positive outlook on India. Incidentally, Moody's change in its India outlook coincides with the Prime Minister Narendr...


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


Manu Kaushik
November 7, 2019
Experts believe that hotel operators are likely to increase room tariffs so that the outgo for customers remains in the same range as before the GST rate cuts


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


PTI
Bengaluru, November 5, 2019
A hotelier, who owns Roxel Inn, has alleged that the firm did not pay rent for rooms for the past five months


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 30, 2019
The order follows a complaint from the Federation of Hotel and Restaurant Associations of India (FHRAI), an industry body


PTI
New Delhi, October 29, 2019
In 2017, Ola and Microsoft had joined hands to build a new connected vehicle platform for car makers globally


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


Goutam Das
October 23, 2019
When Airbnb was founded in 2008, the founders struggled to raise money because back then, venture capitalists had the same questions and doubts around trust.


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


PB Jayakumar
October 21, 2019
Consolidated revenues increased to Rs 3,604 crore from Rs 3,144 crore in the same quarter a year ago and from Rs 6,047 crore in H1FY19 to Rs 7,110 crore in H1FY20


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