Tag Archives: closed

Uber-SoftBank deal has closed, making SoftBank largest shareholder

A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber. The deal includes a large purchase of shares from existing Uber investors and employees at a discounted valuation for the company of $48 billion, a ... Read More »

Indian markets closed today for public holiday

The broader NSE index fell 0.57% on Friday, closing at its lowest since 25 May. The benchmark BSE index fell 0.49%. Photo: Hemant Mishra/Mint Mumbai: India‚Äôs stocks, bonds and currency markets will be closed on Monday for a public holiday. Trading will resume on Tuesday. The broader NSE index fell 0.57% on Friday, closing at its lowest since 25 May. ... Read More »