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SoftBank's overseas business head steps down in 6 months after being hired

TMT

22 June, 2022

SoftBank's overseas business head steps down in 6 months after being hired

Japan's SoftBank Group Corp said on Wednesday it has appointed Alex Clavel as chief executive of its SoftBank Group International ......

Musk's Starlink to apply for India licence by end of January

Consumer

05 December, 2021

Musk's Starlink to apply for India licence by end of January

Starlink, the satellite internet division of billionaire Elon Musk's rocket company SpaceX, will apply early next year for a commercial ......

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Weekly Deals Wrap: Tech rules charts even as total transaction value falls

Finance

02 July, 2021

Weekly Deals Wrap: Tech rules charts even as total transaction value falls

The last week of June saw the total deal value fall almost 30% to $1.7 billion, with the technology sector ......

Bharti Global infuses $500 mn more in OneWeb

TMT

30 June, 2021

Bharti Global infuses $500 mn more in OneWeb

Bharti Global has infused an additional $500 million (Rs 3,723 crore) in OneWeb, the global low earth orbit (LEO) satellite ......

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Monthly Deals Wrap: Investors discover a lair of unicorns, Blackstone grabs all crowns

Finance

03 May, 2021

Monthly Deals Wrap: Investors discover a lair of unicorns, Blackstone grabs all crowns

Investors bred eight tech unicorns in April, helping the year-to-date tally of a dozen exceed the entire 2020 score by ......

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Weekly Deals Wrap: Transaction value peaks again, Blackstone grabs most of the glory

TMT

30 April, 2021

Weekly Deals Wrap: Transaction value peaks again, Blackstone grabs most of the glory

Dealmaking value in the fourth week of the financial year topped the blockbuster first week that saw the birth of ......

French satellite operator Eutelsat to become leading investor in OneWeb

TMT

28 April, 2021

French satellite operator Eutelsat to become leading investor in OneWeb

Eutelsat Communications will buy a 24% stake in OneWeb for $550 million (Rs 4,101 crore), making the French satellite firm ......

SoftBank Group, Hughes invest in British satellite communications firm OneWeb

TMT

18 January, 2021

SoftBank Group, Hughes invest in British satellite communications firm OneWeb

Britain's OneWeb said on Friday that SoftBank Group Corp and Hughes Network Systems LLC had invested in the satellite communications ......

Bharti Group co-invests in SpaceX competitor OneWeb's $1 bn rescue deal

TMT

23 November, 2020

Bharti Group co-invests in SpaceX competitor OneWeb's $1 bn rescue deal

Satellite operator OneWeb said on Friday it has emerged from Chapter 11 bankruptcy protection with $1 billion in equity investment ......

With Bharti deal in the bag, Britain rockets into unknown with OneWeb

TMT

09 July, 2020

With Bharti deal in the bag, Britain rockets into unknown with OneWeb

Britain is betting that satellite operator OneWeb will help it boldly go into a post-Brexit era. But it faces formidable ......