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SOFTBANK CLEANUP
'As desi as Tata and Maruti': Paytm is 100% Indian after Jack Ma's Ant Fin exits fintechPaytm is now fully Indian-owned as Antfin completed its exit, selling its remaining stake. This shift follows exits by other major early ba...- Antfin exits Paytm in Rs 3,800 crore bulk deal. What zero-Chinese ownership means for investorsAntfin’s exit from Paytm marks a significant shift in the company’s ownership structure, eliminating all Chinese shareholding. Antfin (Neth...
- ETtech Exclusive | India most successful IPO market in the world for 2024: SoftBank’s Alex ClavelAlex Clavel is marking a year as co-CEO of SoftBank Investment Advisers, wherein he navigated through not only the tech investing reset but...
- Meet Alex Clavel, a US dealmaker behind SoftBank's investing cleanupAfter years of executive departures and soured bets, including a $16 billion investment in co-working space firm WeWork, 49-year-old Alex C...
- ETSA 2023: Nominees for Startup of The Year; Coinbase discontinues services in IndiaFinally, it’s time to announce the last but most coveted category of The Economic Times Startup Awards 2023: Startup of The Year. A singula...
- Green light for Delhivery IPO; Covid fails to dampen tech hiringDelhivery has received a go-ahead from the markets regulator for its Rs 7,460 crore initial public offering (IPO). This makes the Gurugram-...
- Son, SoftBank risk too much with WeWork takeoverIn late September, there was talk that SoftBank would give WeWork more cash in return for a reduced price at which it acquires stock.
- A new CEO isn't the only thing WeWork needsThere’s also that continuing problem of WeWork’s need for cash — a lot of it, and rather urgently.
- Global set-up is very scary, Indian market is expensive but I am fully invested: Manish Chokhani, EnamIf you are going to beat inflation in India, you have to be in equities, not fixed income, says Chokhani.
- Hello Ambanis and Tatas, how did you not see the elephant in the room?Walmart’s $16-billion acquisition of a 77 per cent stake in India’s largest online marketplace is the world’s biggest e-commerce deal.
- Flipkart-Walmart deal makes strong case for big Indian cos to join etail partyWalmart takes the crown jewel of Indian ecommerce space, sending a loud message to Indian conglomerates that they can’t afford to miss the ...
- Naspers may partner Tencent to deliver $200 million to SwiggyThe development comes shortly after Japan’s SoftBank dropped out of talks to invest $200-250 million in Swiggy for a significant minority s...
- Singapore's Temasek remains upbeat on India even in the middle of global rough rideThe firm's net portfolio value fell to Singapore $242 billion for the financial year ended March 31, down from Singapore $266 billion a yea...
- OYO Rooms to woo customers with new food technology venture and housekeeping serviceWith OYO Cafe, the company will aggregate its listed hotels’ kitchens to prepare food, which it will sell under its own brand.
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