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8 June, 2017 5:46 AM Uber doubted Delhi rape happened in its car, investigated rape victim before firing exec

Call it the effect of the cutthroat competition. Or just a tone-deaf culture that seem to pervade some Silicon Valley companies. But after incident of a rape in one of its cars in Delhi area, Uber initially doubted any such incident had taken place. Instead, it seemed to believe that the incident was cooked up by Ola, its chief rival in India, to malign 146

19 May, 2017 4:25 PM Phone bills, insurance, banking, business class travel to become costlier with GST

Promote your Business on Economictimes.com for free and reach out to millions of potential Customers SRINAGAR: Telephone bills, insurance and banking services, business-class air travel and sale of newspaper space for advertisements will become costlier in the upcoming GST regime but education and healthcare will continue to be exempt from tax. The all-powerful 70

19 May, 2017 3:23 PM GST rates: Telecom, business-class airfare costly; education, healthcare exempt

SRINAGAR: Education and healthcare will continue to be exempted from tax in the upcoming GST regime that will see service tax incidence go up on telecom, business class air travel, insurance and sale of newspaper space for advertisement. Transport services will be taxed at 5 per cent leading to a small drop in economy class air travel which currently 67

18 May, 2017 2:51 PM Paytm deal puts Softbank's Son on course to become king of Indian e-commerce

Softbank's USD 1.4 billion investment for a 20% stake in Paytm could open a plethora of opportunities for the Noida-headquartered mobile payments and commerce company.   We were meeting with Balvinder Singh Arora, Assistant Vice President-Operations at Paytm, in central Delhi on Thursday. At the same time, a few kilometres away at the Noida office 65

18 May, 2017 10:58 AM Paytm raises $1.4 billion from Softbank, valuation jumps to over $8 billion

Promote your Business on Economictimes.com for free and reach out to millions of potential Customers BENGALURU: Japanese telecom and internet firm Softbank Corp has invested $1.4 billion in One 97 Communications Limited, which owns mobile payments and commerce player Paytm. The deal will be the largest infusion by a single investor in a digital company 63

14 May, 2017 9:40 PM Sikkimese woman gangraped in moving car

GURUGRAM: A 26-year old Sikkimese woman was raped by three men in a moving car early morning on Saturday, somewhere along the Gurgaon-Delhi border, and dumped in Delhi. The woman was allegedly abducted by three men from outside her house as she was returning from Delhi, where she had met a friend. The woman had gone to Connuaght Place in Delhi to meet a friend 89

10 May, 2017 12:33 PM SoftBank losses from Snapdeal, Ola at $1.4 billion

Snapdeal and Ola are among SoftBank’s largest investments in India New Delhi: Japanese investor SoftBank Group Corp. has written down the value of its investments in online marketplace Snapdeal and cab aggregator Ola by $1.4 billion. The two—Snapdeal run by Jasper Infotech Pvt. Ltd and Ola run by ANI Technologies Pvt. Ltd—are among SoftBank’s largest 114

10 May, 2017 10:48 AM SoftBank records $1.4 billion loss from India investments

Promote your Business on Economictimes.com for free and reach out to millions of potential Customers NEW DELHI: Japan's Softbank Group Corp said it had recognised a special loss of over ¥160 billion ($1.4 billion) relating to investments made by the Tokyo-headquartered investor, citing, in particular, its investment in troubled ecommerce marketplace 65

10 May, 2017 10:42 AM SoftBank logs over Rs 9,000 cr loss from Indian investments

Japanese conglomerate SoftBank Group today said it has recorded loss from investments to the tune of USD 1.4 billion, or over Rs 9,000 crore, for 2016-17 in Indian startups like Snapdeal and Ola. SoftBank Group Corp (SBG) registered loss from financial instruments at FVTPL (fair value through profit or loss) of Japanese yen 160,419 million in consolidated 92

26 April, 2017 9:13 PM SoftBank changes track in India as initial bets go sour

SoftBank is pushing for a Snapdeal sale to Flipkart, and Grofers merger with BigBasket in its attempts to revamp its India strategy Bengaluru/New Delhi: After some of its expensive initial bets in India soured, Japan’s SoftBank Group Corp. is making another attempt at finding attractive investments in India’s internet business by selling its also-ran 103