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A SoftBank spokesman declined to confirm if SoftBank executives are still planning to attend next week’s conference.

SoftBank shares fall 5.5 per cent as Saudi ties cause concern

SoftBank shares decline by worries over its ties to Saudi Arabia as well as a broader market sell-off.

15 Oct 2018 9:22 AM

The new company will be called "Monet" - short for "mobility network" - and will be 50.25 per cent owned by Softbank, with the remainder held by Toyota.

Toyota, Softbank unveil tie-up, eye autonomous vehicle services

Monet would be created by April 2019 and would have an initial capital injection of 2.0 billion yen ($17.5 million).

04 Oct 2018 11:25 AM

State-run telecom firm BSNL has inked a pact with Japan's Softbank and NTT Communications to roll out 5G and internet of things technology in India, a top official has said.

BSNL inks deal with Softbank, NTT to roll out 5G, IoT service

The government is yet to finalise details of allocation of spectrum for 5G services.

23 Sep 2018 12:27 PM

US retail giant Walmart paid Rs 7,439 crore tax on payments it made to buy out shares of 10 major shareholders of Flipkart but has not yet done so for another 34 who exited the Indian e-commerce company in the USD 16 billion deal, tax officials said.

'Walmart paid Rs 7,439 crore tax on Flipkart deal'

Walmart is legally not required to withhold tax on payments made to foreign shareholders with a stake of less than 5 per cent.

16 Sep 2018 1:07 PM

E-commerce major Flipkart plans to expand its online grocery service 'Supermart' to 5-6 major Indian cities by the end of the year as it takes head-on players like Alibaba-backed BigBasket and SoftBank-funded Grofers as well as rival Amazon India.

Flipkart to expand e-grocery store in 5 to 6 Indian cities by year-end

It takes head-on players like Alibaba-backed BigBasket and SoftBank-funded Grofers as well as rival Amazon India.

09 Aug 2018 5:24 PM

SoftBank Group Corp said on Friday it will team up with India’s Paytm to launch a digital payments service in Japan.

SoftBank to launch mobile payments service in Japan with Paytm

SoftBank said the service will be launched in autumn through a joint venture with Yahoo Japan Corp.

27 Jul 2018 2:56 PM

This will promote the broader use of cashless payment in Japan and provide highly convenient services to both consumers and affiliated stores.

SoftBank partners Paytm to launch payments service in Japan

Paytm offers seamless mobile payments to over 300 million customers and 8 million merchants in India.

27 Jul 2018 12:40 PM

SoftBank Group Corp Chief Executive Masayoshi Son. (Photo: AP)

SoftBank's Masayoshi Son says Japan is ‘stupid’ for not allowing ride-sharing

SoftBank and Didi are launching a taxi-hailing service in Japan that would match users to existing taxi fleets.

19 Jul 2018 11:13 AM

SoftBank said the deal will strengthen cooperation between the company, one of Japan’s big three telecoms firms, and Yahoo Japan, an internet heavyweight in areas such as news and shopping.

SoftBank tightens grip on Yahoo Japan via $2 billion deal with Altaba

SoftBank will buy 221 billion yen ($2 billion) of Yahoo Japan shares from Altaba, formerly internet giant Yahoo.

10 Jul 2018 2:25 PM

Yahoo Japan shares were up nearly 12 per cent in morning Tokyo trading.

Yahoo buys back USD 2 bn of shares in three-way deal with SoftBank

SoftBank will buy 221 billion yen ($1.99 billion) of Yahoo Japan shares from Altaba.

10 Jul 2018 8:58 AM

SoftBank suggested the merger of both the companies, however it was denied by Uber in an interview with NDTV.

Ola-Uber can go for merger to avoid competition and curb losses

To overcome the huge losses by both Ola and Uber, SoftBank suggested the merger of both the companies.

15 Jun 2018 1:44 PM

Softbank has announced its decision to sell 21 per cent stake in Flipkart to Walmart as part of USD 16 billion deal.

IT department await final print of Flipkart deal

Walmart had said earlier this month said that it would take control of Flipkart.

28 May 2018 1:23 PM

A SoftBank spokesman declined to give further details.

SoftBank says selling its entire Flipkart stake to Walmart

SoftBank Group Corp said it is selling its roughly 20 pc stake in Indian e-commerce firm Flipkart to Walmart.

23 May 2018 8:37 AM

Flipkart, SoftBank did not immediately respond to requests for comment, while a representative for Walmart in India declined comment.

Walmart could buy stake in Flipkart as early as next week: sources

Walmart’s purchase of new equity is likely to value Flipkart at at least $18 billion.

21 Apr 2018 10:12 AM

SoftBank units will get a 21.1 per cent stake in Paytm E-commerce after the investment which would come in four tranches.

SoftBank, Alibaba to invest USD 445 mn in Paytm E-commerce

Alibaba, an existing investor in Paytm E-commerce, is also putting in $45 million in the round.

03 Apr 2018 8:28 AM

The Japanese firm will hold 60 per cent of the venture’s shares and GCL will own 40 per cent.

SoftBank, China's GCL team up for USD 930 million Indian solar venture

SoftBank and GCL’s new venture will eventually have a capacity of 4GW and will be implemented in two 2GW phases.

02 Apr 2018 3:24 PM

The talks indicate that homegrown Ola will take over Uber India. (Photo: AFP)

Softbank reviving Ola-Uber India merger talks

India is already among the top three markets for Uber after the US and Latin America.

29 Mar 2018 12:24 PM

Will invest whatever we have to for success in India: Uber CEO

Uber has been pumping in substantial funds to fuel its growth in India.

28 Mar 2018 4:38 PM

Ola is now officially operating in Sydney and has hired a local team to build partnerships and support driver-partners.

Ola expands in Australia, begins service in Sydney

Last month, the company had kick-started its services in Australia with Perth.

12 Mar 2018 10:53 AM

SoftBank Vision Fund, which recently became Uber's largest shareholder with the formal closing of a USD 9.3 billion investment.

Uber to stay invested in India; looks to grow 10 times: CEO

Uber accounts for less than 1 pc of USD 5 trillion transportation industry globally and capturing higher share.

23 Feb 2018 10:56 AM

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Shobhaa De