SoftBank gets ready for 3rd Indian innings

With a new $100-billion technology fund, SoftBank is likely to go after market leaders. SoftBank Chief Executive Officer Masayoshi Son wants to propel his group towards what he calls SoftBank 2.0;......

Saudi funds to fuel Uber's India race

US taxi-hailing firm raises the money from Saudi Public Investment Fund to support global expansion.     A substantial portion of the $3.5 billion raised by taxi aggregator Uber from......

Ola to raise $1 billion to fend off Uber

The development comes close on the heels of Uber planning to invest substantial part of $3.5 bn Saudi money in India. ANI Technologies, the company that owns India’s largest taxi aggregator,......

Wounded Uber targets India after China loss

Uber is estimated to have lost around $2 billion in China. India will now become the next big battleground for Uber Technologies after it accepted defeat in China by opting to merge with local......