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SoftBank Group plans to shift more than $20 billion of its investments in top ride-hailing companies including Uber Technologies Inc, Ola, Grab and Didi Chuxing. Photo: Bloomberg

Thu, Apr 26 2018. 12 16 PM IST

Deals Buzz: SoftBank to move ride-hailing stakes worth $20 bn to Vision Fund, says report

In other news, Bharti Infratel and Indus Towers agree to merge their businesses to create the world’s largest tower company outside China

Jugnoo will take a 10% commission, which it hopes will lure drivers when compared to Grab’s commission of up to 20%

Wed, Apr 25 2018. 03 53 PM IST

India ride-hailing firm Jugnoo eyes Singapore as Uber drives off

Jugnoo, which uses auto-rickshaws in India, will offer a private car-based service in Singapore with an app that will allow riders to choose from drivers’ competing bids on fares

Alphabet shares slipped slightly in after-market trades that followed release of the earnings report, evidently on investor concerns about growing costs. Photo: AP

Tue, Apr 24 2018. 09 23 AM IST

Google parent Alphabet’s profit leaps on ad growth

Google parent Alphabet’s revenue during the first three months of this year was $31.1 billion, up 26% from the same period last year

SoftBank Vision Fund is set to turn its $2.5 billion August investment in Flipkart to about $4 billion in less than eight months. Photo: Reuters

Mon, Apr 23 2018. 07 44 PM IST

SoftBank puts the flip in Flipkart with Walmart deal

With the Flipkart deal, SoftBank would be putting the flip in Flipkart, but showing that its Vision Fund lacks vision

Despite operating with a reduced fleet, both IndiGo and GoAir flew more passengers in March, compared to February. Photo: Ramesh Pathania/Mint

Thu, Apr 19 2018. 03 56 PM IST

News in Numbers: Domestic air passenger traffic rises 28% in March

In other news, 37 accused, including 16 public servants and 21 suppliers, have been imprisoned between 3.5 years and 14 years in a fodder scam case

Illustration: Jayachandran/Mint

Thu, Apr 19 2018. 02 24 AM IST

The digital economy’s antitrust problem

Existing understanding of market power and monopolies is ill-suited to the digital economy

Photo: Mint

Wed, Apr 18 2018. 11 08 PM IST

Uber Eats launched in Kolkata in partnership with 250 restaurants

Uber Eats in India has partnered with 12,000 restaurants across 11 cities and is looking to expand it by 3-4 times by the end of 2018

Uber COO Barney Harford speaks during the launch of the Boston Consulting Group’s study “Unlocking Cities: The Impact of Ridesharing Across India” in New Delhi on Wednesday. Photo: PTI

Wed, Apr 18 2018. 06 00 PM IST

Uber doubling down on India investments after exiting Southeast Asia

Uber COO Barney Harford says investments in India are made using funds from profitable markets

Walmart might have to negotiate with eBay if it wants to do business over the next few years, says report. Photo: AFP

Wed, Apr 18 2018. 12 55 PM IST

Deals Buzz: Walmart, eBay fresh round of talks likely for $12 bn deal with Flipkart

In other news, Vogo Automotive is in advanced talks to raise Rs40-45 crore from cab hailing platform Ola and Stellaris Ventures Partners and Matrix Partners

Ola CEO Bhavish Aggarwal. Graphic: Ajay Negi/Mint

Tue, Apr 17 2018. 08 37 PM IST

Vogo Automotive may raise funds from Ola, venture capital firms

The investment, if it goes through, indicates Ola’s growing interest in expanding beyond cabs and becoming a one-stop platform for urban transport

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