Sun, May 07, 2017
Japan's SoftBank is seeking to secure a piece of India`s industry leaders in everything from payment systems to online shopping and groceries, in a series of deals that would shake up the $65 billion sector, cited the sources with direct knowledge of the matter.
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Thu, Jun 30, 2016
The US market regulator is examining Japan's multinational telecommunications and internet company SoftBank Group (SBG) over misconduct allegations lodged against its ex-president Nikesh Arora who resigned last week, a news agency report said on Thursday.
Wed, Jun 22, 2016
SoftBank's investment bucket includes India's e-commerce majors like Snapdeal, OYO Rooms, Housing.com, PayTm and many more.
With Arora’s exit, the future of these investments and the future strategy of Softbank of India came under clouds.
It seems, from reading between the lines on what both parties have said is that the terms of Nikesh’s employment had changed.
Tue, Jun 21, 2016
In June last year, SoftBank along with contract manufacturing giant Foxconn, had partnered with Bharti Enterprises.
He received a pay package of about USD 73 million (Rs 500 crore) in the fiscal year ended March 2016.
Sun, May 29, 2016
The pay package of Arora, already Japan's highest paid executive, is in the same range as of Apple's Tim Cook and Walt Disney's Bob Iger.
Thu, Apr 21, 2016
SoftBank said Thursday "the Board takes its duties seriously and is in the process of reviewing the letter".
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