Softbank Group Corp News

Companies

Oyo is firing thousands of staff across China and India, cites non-performance

Oyo has let go of 5% of its 12,000 employees in China partly due to non-performance, while dismissing 12% of its 10,000 staff in IndiaOyo is undergoing a restructuring, trimming redundancy in China and India, leading to thousands of dismissals

2 min read10 Jan 2020
Companies

SoftBank could ditch Uber investment for Lyft: CEO Masayoshi Son

It's possible that SoftBank would invest in both Uber and Lyft, although CEO Masayoshi Son didn't mention that Monday

1 min read7 Nov 2017
Opinion

SoftBank’s $100 billion fund finally gets that six-letter word

The boundary between SoftBank Group and SoftBank Vision Fund, the $100 billion fund, has come into focus, although it's so fine you need to squint

2 min read22 May 2017
Companies

SoftBank’s quarterly profit doubles on strong Japan results

The purchase of ARM underlines SoftBank's ambitions in the internet of things, or how various devices, including security cameras and household appliances, connect online and work together

1 min read7 Nov 2016

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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