Google denies involvement in $125 million Chromebook graft case in IndonesiaFormer Google executives have denied any link to a massive procurement project in Indonesia's Education Ministry. Prosecutors allege former...
20 Apr, 2026, 06.44 PM IST
'Salary growing, wealth shrinking': CA explains ‘India's silent middle-class crisis’, says Rs 1.5 lakh salary is same as 10-yr-old payUrban Indian households face a 'silent crisis' as rising incomes fail to keep pace with escalating costs of living, leading to stagnant rea...
15 Apr, 2026, 02.39 PM IST
IPL 2026: RR's juggernaut takes on under-pressure SRHRajasthan Royals, on a winning streak, face Sunrisers Hyderabad today. Royals have dominated with a strong batting lineup and improved bowl...
12 Apr, 2026, 02.39 PM IST
First task for FD investors to save TDS in new financial year is filing form 15G/H; Check the annual income that makes you eligibleFixed deposits are popular in India. However, Tax Deducted at Source on interest income reduces compounding growth. Forms 15G and 15H allow...
08 Apr, 2026, 10.20 AM IST
Indians are changing travel plans amid global disruptions; Thailand, Sri Lanka, Japan see surge in bookingsShort- and medium-haul destinations like Thailand, Sri Lanka, and Japan are seeing a rise in demand.
30 Mar, 2026, 11.02 AM IST
Grab-GoTo deal hits snag caused by state-backed holder’s stakeGrab’s planned multibillion-dollar takeover of GoTo has stalled as Telkomsel, a state-linked shareholder, resists selling its 2% stake at c...
24 Jan, 2026, 04.10 PM IST
Grab weighs takeover of rival GoTo at $7 billion valuationDiscussions have intensified in recent weeks and the companies see 2025 as an opportune year for a deal, the people said. The firms — the t...
04 Feb, 2025, 10.53 PM IST
SoftBank books another quarterly loss; takes major hit due to WeWork bankruptcyIts Vision Fund investment unit, meanwhile, booked an investment profit of 21.4 billion yen in the latest quarter, having made a 160 billio...
09 Nov, 2023, 07.33 PM IST
Indonesia's tech giant GoTo reports significant drop in Q3 underlying lossesGoTo, which offers ride-hailing, e-commerce, and financial services, said its net losses for the period were at 2.4 trillion rupiah, a drop...
30 Oct, 2023, 04.50 PM IST
SoftBank back in ‘offence’ mode, begins writing cheques againSoftBank on Tuesday reported a surprise net loss of over $3 billion in the first quarter, hit by the double whammy of a drop in share price...
08 Aug, 2023, 07.28 PM IST
Singapore’s Grab plans biggest round of layoffs since pandemicGrab Holdings Ltd. is preparing its biggest round of layoffs since the pandemic, as the internet company faces stiffening competition in ri...
20 Jun, 2023, 11.12 AM IST
GoTo CEO Andre Soelistyo to step down; Patrick Walujo named successorHe will be replaced by Patrick Walujo, managing partner of private equity firm Northstar Group, GoTo said in a statement Thursday.
08 Jun, 2023, 03.27 PM IST
Indonesian startup GoTo is world’s worst large size tech IPO this yearShares of the Indonesian startup provider of food delivery services to fintech solutions are falling for a 10th straight session, taking lo...
02 Dec, 2022, 03.46 PM IST
Indonesia's GoTo to cut 1,300 jobs to step up cost cutting"Challenging global macroeconomic conditions are having a significant impact on businesses around the world and GoTo, like other prudent co...
18 Nov, 2022, 11.00 AM IST
Founder Masayoshi Son bids goodbye to investor calls as SoftBank turns defensiveSoftBank, which for years was the world's most aggressive tech investor, has virtually halted new investments and focused on its balance sh...
12 Nov, 2022, 12.27 AM IST
Indonesia's GoTo plans to cut over 1,000 jobs in bid to reach profitThe reduction, equal to more than 10% of the workforce, will affect all divisions, said the people, who asked not to be identified as the d...
11 Nov, 2022, 04.11 PM IST
Alibaba, SoftBank score 2022’s first IPO windfall with GoToThe Jakarta-based company raised $1.1 billion last week, meaning the value of the two investors’ stakes will be almost $5 billion combined ...
07 Apr, 2022, 10.29 AM IST