Japan's SoftBank writes down India investment by $560 million
Japan's SoftBank Corp has booked an investment loss of 58.14 billion yen (USD 560 million) on its investments in India including cab-hailing firm Ola and e-commerce company Snapdeal.
Nov 08, 2016, 13:40 PM IST
SoftBank names Nikesh Arora president and Son's likely successor
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.
May 11, 2015, 17:51 PM IST