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280 elected for first time to Lok Sabha, 52 per cent of total strengthActor Arun Govil, who played the role of Lord Ram in the popular TV serial Ramayan, Dalit rights activist Chandrashekhar Azad and erstwhile...- Paytm shares rally 4% on cutting dependency on payments bankPaytm Share Price: Shares of One 97 Communications, parent company of Paytm, rallied 4% to Rs 420 after Paytm and Paytm Payments Bank agree...
- SoftBank Group sells 2% stake in Paytm parent; holding down to 2.83%The Japanese investment firm cumulatively sold 1,37,84,787 shares in Paytm parent through the open market during the said period.
- SoftBank sees new-found caution as secret weapon in AI arms raceThe Vision Fund unit made just 29 new and follow-on investments in all of 2023 out of more than 300 companies it studied. The October-to-De...
- SoftBank Vision Fund sold down Paytm stake before shares plungedSoftBank has been offloading Paytm shares regularly since at least November 2022 through last month, according to a Bloomberg analysis of c...
- SoftBank’s India portfolio value rises 9% to $14 billionSoftBank swung into profits for the first time in five quarters with a net profit of over $6 billion for the three months ended December, a...
- SoftBank took home $1.8-1.9 billion from four listed portfolio companiesJapanese investor SoftBank has sold stakes worth $1.8-1.9 billion during the public offerings and through post-listing sales in four Indian...
- SoftBank-backed FirstCry set to file for IPO, eyes $500-600 million raiseFirstCry will be the second Indian vertical e-commerce platform to go public after Nykaa’s IPO in 2021. The Pune-headquartered company spec...
- ETtech Explainer: Softbank-owned Arm Ltd set to go public in biggest IPO of the yearSoftBank decided to take Arm public after a deal to sell the company to Nvidia Corp for $40 billion collapsed last year amid objections fro...
- Three Indian family offices pick up Rs 435 crore SoftBank stake in IPO-bound FirstCrySoftBank, which held 29% in the company, is believed to have diluted its stake by about 1.5-2% as part of the secondary share sale.
- Exclusive: Manipal Group’s Ranjan Pai in talks for stake in FirstCryPai is expected to invest around Rs 250 crore in the ecommerce firm as part of a broader secondary share sale at FirstCry at a valuation of...
- Indian portfolio firms Swiggy, Lenskart, FirstCry, OfBusiness preparing to go public soon: SoftBank’s Navneet GovilSoftBank's Vision Fund swung to a profit after six straight quarters of losses and said it will begin investing after a prolonged period of...
- Byju’s term loan gets more expensive; MPL lays off 350 post GST hitByju's quest to settle the $1.2 billion TLB feud might come at a steeper price. The embattled edtech firm might have to pony up an addition...
- 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...
- SoftBank may start third Vision Fund after existing capital usedVision Fund 2 still has $6.5 billion to spend on fresh investments, said Navneet Govil, executive managing partner at SoftBank Global Advis...
- SoftBank hit as profit, and Arm deal, collapseSoftBank Group Corp reported a 97% drop in quarterly profit and the collapse of a deal worth up to $80 billion to sell chip designer Arm on...
- SoftBank dragged into red by falling Vision Fund valuationsBright spots for the Vision Fund include its India portfolio with ride-hailer Ola and logistics firm Delhivery targeting listings.
- SoftBank Vision Fund sees further upside from Policybazaar, Paytm IPOs after $2-billion profitSoftBank Vision Fund posted a 236 billion yen ($2.14 billion) profit in the first quarter even as gains from listing portfolio companies we...
- SoftBank's Vision Fund posts $2 bn profit, share weakness casts shadowThe Japanese conglomerate posted record annual profit in May with executives pointing to further upside from Vision Fund investments such a...
- SoftBank's Sama may stay off $100bn fundSVF was conceived by the Japanese group's founder Masayoshi Son last year, and is unlikely to figure Sama on its investment committee, whic...
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