Search Results for: Softbank

Indian-Origin CEO fires 900 employees on 3-minute Zoom call; video goes viral [watch]

The CEO of Better, Vishal Garg, drew flak on social media for not just firing 15 percent of the company's employees over a zoom call but also continuing to flash a 'we're hiring' tag on his Linkedin profile which was removed soon after the screenshot of his page went viral.

Dec 6, 2021

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Adani Green Energy closes India's largest renewables M&A deal with SB Energy Holdings

Adani Green Energy Ltd (AGEL) has completed the acquisition of SB Energy Holdings Ltd (SB Energy India) in an all-cash deal for which definitive agreements were signed on May 18, 2021.

Oct 4, 2021

Hike CEO upbeat after raising funds from investors around the globe [details]

The Company's resurrection has become the trending topic of discussion in the tech community.

Aug 24, 2021

After Zomato, Policybazaar IPO keeps the market buzzing

Policybazaar, an Indian online insurance platform, has filed a draught red herring prospectus (DRHP) with capital market regulator SEBI to make an initial public offering (IPO) for Rs 6,017.5 crore.

Aug 2, 2021

Flipkart is now valued at $37.6 billion after raising $3.6B; shares plan of growth [details]

Flipkart said that this investment reflects global investor confidence in digital commerce in India, which has continued to accelerate over the last year when access to products safely and convenience took priority.

Jul 12, 2021

India has 100 unicorn startups and here's what they do [see full list]

Here's a look at India's 100 unicorn startups that together command a market cap of $240 billion.

Mar 18, 2021

OYO Hotels & Homes valuation reaches $9 billion after HT Media buy

Hospitality major OYO Hotels & Homes' valuation has reached the $9 billion-mark, according to industry sources.

Mar 5, 2021

Ratan Tata to exit Lenskart after 5 years; what it means [details]

Ratan Tata is reportedly exiting from Lenskart, a company he had invested around Rs 10 lakh in 2016. Read on for details.

Feb 27, 2021

OYO gets new CTO; Meet Ankit Mathuria [read why he was hired]

OYO, one of the world's leading chain of hotels and homes, recently reshuffled its top officials and announced new appointments across all verticals, including technology, supply, and product.

Jan 31, 2021

Watch Boston Dynamics new robot dog open doors

Hyundai buys controlling stake in robot-maker Boston Dynamics in $1.1bn deal; what it means

The deal is also expected to allow Hyundai Motor Group and Boston Dynamics to leverage each other's respective strengths in manufacturing, logistics, construction and automation.

Dec 12, 2020

Oyo lays off around 300 employees; here's why | All you need to know

Hospitality giant Oyo plans to shut down the renovation and operations departments and focus primarily on a revenue-sharing model with partner hotels. Scroll down to know more.

Dec 9, 2020

Oyo suspends fixed payout contracts with hotel partners; renegotiation on cards

As the Covid-19 induced prolonged nationwide lockdown impacts hospitality business revenues, Oyo comes up with a survival plan - to suspend existing contracts with more than 250 Townhouse property owners and renegotiate terms.

Jun 29, 2020

Backlash over Reliance Jio's decision to charge voice calls

Reliance says Saudi's PIF to invest Rs 11,367 crore in Jio

Saudi Arabia's Public Investment Fund (PIF) will buy a 2.32% stake in Reliance Industries' digital unit Jio Platforms for 113.67 billion rupees ($1.49 billion), the Indian conglomerate said on Thursday, June 18.

Jun 18, 2020

Dozens of Chinese companies added to US blacklist in latest Beijing rebuke

Seven companies and two institutions were listed for being "complicit in human rights violations and abuses committed in China's campaign of repression, mass arbitrary detention, forced labour and high-technology surveillance against Uighurs" and others.

May 23, 2020

Bill to delist Chinese cos. from exchange passed in US senate; will Modi government follow?

The bill that was introduced by Republican Senator John Kennedy, and a Democrat Chris Van Hollen from Maryland was overwhelmingly passed in the upper chamber of the United States Congress.

May 21, 2020

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