Free Press Journal
  • walmart flipkart deal

    Japan’s SoftBank Group undecided on exiting Flipkart

    New Delhi: Japan’s SoftBank Group Corp has not yet decided to sell its 20-22 per cent stake in Flipkart to US retailer Walmart Inc, sources with direct knowledge of the development said. SoftBank’s Masayoshi Son will take a call in the next 7-10 days on whether to exit India’s biggest online retailer or say invested for some more time, they said. Walmart had on Wednesday announced that

  • SoftBank opens up wallet for Paytm, infuses Rs 9K cr

    New Delhi : Japanese conglomerate SoftBank has pumped in USD 1.4 billion (over Rs 9,079 crore) in Indian digital payments platform, Paytm, marking the largest fund infusion by a single investor in an Indian start-up.

  • Trump takes credit for 8,000 jobs

    Washington: US President-elect Donald Trump has said that Sprint will bring 5,000 jobs back to the US from overseas, while another company OneWeb will add 3,000 more, media reports said, according to IANS. Trump said the deal “was done through” SoftBank CEO Masayoshi Son, a Japanese billionaire and technology investor, CNBC reported on Thursday.