SoftBank, Bharti and Foxconn in JV for $20 bn Indian solar projects

Last Updated: Monday, June 22, 2015, 18:10

Betting big on India's renewable energy sector, Japan's SoftBank Corp together with Sunil Mittal's Bharti Enterprises and Taiwanese mobile handset maker Foxconn will invest USD 20 billion to generate 20 gigawatt of solar power.

SoftBank Chairman calls on PM Modi

Last Updated: Monday, June 22, 2015, 14:03

Japanese telecommunication major SoftBank's Chairman and CEO Masayoshi Son on Monday called on Prime Minister Narendra Modi and expressed interest in investing in India's renewable energy sector.

India-born ex-Google executive appointed SoftBank president

Last Updated: Saturday, June 20, 2015, 16:59

In less than a year at SoftBank, Arora has already directed about 200 billion yen (USD 1.67 billion) worth of deals that include investments in Indian technology startups Snapdeal, an online marketplace, and taxi-booking service Ola Cabs, Nikkei Business Daily reported.

Japan`s humanoid robot `Pepper` set to hit stores

Last Updated: Thursday, June 18, 2015, 16:29

Japan`s SoftBank said Thursday that its chatty humanoid robot Pepper would go on sale this weekend, as it announced a deal with China`s biggest e-commerce website Alibaba and a Taiwanese manufacturer to work on robotics technology.

SoftBank launches robot venture with Alibaba, Foxconn

Last Updated: Thursday, June 18, 2015, 11:39

SoftBank said it would have a 60 percent stake in the joint venture, with Alibaba and Foxconn holding 20 percent each.

SoftBank to invest $1 billion in Korean e-commerce site Coupang

Last Updated: Wednesday, June 3, 2015, 16:04

SoftBank has been turning to overseas deals for growth amid a lacklustre Japanese economy and shrinking demographics. The latest move comes two days after SoftBank said it had increased its controlling stake in Supercell, the Finnish mobile games maker best known for its hit title `Clash of Clans`.

SoftBank names Nikesh Arora president and Son's likely successor

Last Updated: Monday, May 11, 2015, 17:51

The move comes as Son and SoftBank are battling to make their 2013 acquisition of U.S. carrier Sprint Corp for more than $20 billion profitable.

Snapdeal says not in immediate need to raise money

Last Updated: Tuesday, March 31, 2015, 14:12

Snapdeal raised $627 million from Japan`s SoftBank in October last year.

Micromax to raise up to $1 bn from global investors

Last Updated: Thursday, March 26, 2015, 20:31

The company has recently set up a merger and acquisition team to scout for start-ups working on new and interesting technology that could add value to its business.

SoftBank leads group in talks to buy up to $1 bn stake in Micromax

Last Updated: Thursday, March 26, 2015, 17:30

The investment would value Micromax, an unlisted provider of affordable smartphones that competes with South Korea`s Samsung Electronics Co, at around $5 billion, the people said. They did not want to be named because the talks aren`t public.

Softbank to add learning technology to empathetic robot

Last Updated: Tuesday, February 10, 2015, 22:27

Japanese mobile carrier Softbank said on Tuesday it will incorporate artificial intelligence technology from IBM into its empathetic robot Pepper that goes on sale in Japan this month.