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SOFTBANK INVESTMENT IMPACT
PRISM files IPO papers for Rs 6650 crore fresh issue, reports Rs 748 crore profit in 9MFY26Oyo's parent company, PRISM, has filed its IPO papers with SEBI, planning a Rs 6,650 crore fresh issue to repay borrowings. The hospitality...- Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...
- Rupee slide pushes overseas students back to lenders for top-up loansA significant rupee depreciation has forced Indian students studying abroad to seek top-up loans from lenders, as initial loan amounts fall...
- Kuku FM readies public market debut; SoftBank books Lenskart gainsKuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.
- Tech jobs go cold; Chip startups shift gearIndia’s tech hiring has fallen to its lowest level in more than two years. This and more in today's ETtech Top 5.
- ETtech Explainer: Did OpenAI's new AI deployment venture just kill Indian IT stocks?Indian IT stocks plummeted to three-year lows following OpenAI's launch of a new venture focused on direct AI implementation for enterprise...
- Infosys, TCS, HCLTech shares tumble 5% to fresh 52-week lows; Nifty IT crashes 4%. What’s spooking investors?Indian IT stocks tumbled sharply as Infosys, TCS, HCLTech and others fell up to 5%, dragging the Nifty IT index down 3%. The selloff follow...
- Meesho Q4 revenue jumps 47%; operating losses widen on aggressive growth pushCEO Vidit Aatrey said that over 70% of the company’s code now is being written using artificial intelligence. More than three fourths of Me...
- Sam Altman sets out OpenAI's three key focus areas for next phase of growthOpenAI CEO Sam Altman revealed the company's future focus on accelerating scientific research, boosting economic productivity, and developi...
- TiEcon 2026 Returns to Silicon Valley with “AI & You” Theme as AI Moves from Hype to ExecutionTiEcon 2026, set for April 29-May 1 at the Santa Clara Convention Center, will focus on "AI & You: Human Centered, AI Powered," emphasizing...
- Why Nvidia, AMD, Intel stocks crash today: Magnificent Seven fall broadly as all open lower except Apple amid AI concerns and earnings pressureWhy Nvidia, AMD, Intel stocks crash today: Magnificent Seven stumble as all open lower except Apple, with AI spending fears, Fed jitters, a...
- SoftBank’s $30 billion OpenAI bet spurs S&P credit outlook cutThe revised outlook follows SoftBank’s decision last month to deepen its investment in the ChatGPT maker after already injecting more than ...
- Japan's Softbank Group seen booking $1.5 billion quarterly profitSoftBank expects a 234 billion yen profit, driven by gains in telecom shares and Swiggy's strong debut. Analysts debate whether AI investme...
- SoftBank poised to invest $40 billion in OpenAI, valuing AI giant at $260 billion; how will it fuel Trump’s 'Stargate' initiative and the future of AI?SoftBank is preparing to invest $40 billion in OpenAI, valuing the artificial intelligence company at $260 billion, according to sources. T...
- Why is tech giant SoftBank investing over $100 billion in the US?Japanese tycoon Masayoshi Son pledged a $100 billion investment in U.S. projects, aiming to create 100,000 jobs through AI infrastructure d...
- SoftBank prepares new round of layoffs at Vision FundThe layoffs, which could be announced in the next two weeks, may impact up to 30% of its staff at the unit, including employees in US, one ...
- After WeWork, the market is concerned about SoftBank's massive debt load againSeparate news also fueled concern about the value of the investment portfolio at billionaire Masayoshi Son’s firm, which could also impact ...
- Snapdeal CEO Kunal Bahl's letter to employees on Nikesh Arora's resignationAs the company's founder and CEO Kunal Bahl sent out a letter to employees assuring them that Arora's exit will not have an adverse impact ...
- Nikesh Arora's exit won't have any impact on Snapdeal: CEO Kunal BahlSnapdeal needs the Japanese giant to be firmly in its corner if it has realistic ambitions of taking the fight to its better-funded rivals.
- Nikesh Arora's resignation is unlikely to hurt India's startup ecosystem much. Here's whyThe Tokyo-based investor has anyway slowed down investments in India and has not made any fresh deals in the past eight-nine months.
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