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Banks
SoftBank Group of Japan to gain $34 bn from cutting Alibaba stake
Opinion
Funding winter to separate the wheat from the chaff
Education
Unacademy drains Rs 100 crore to poach 30 teachers in Kota
Corporate
Ola focuses on cost-cutting exercise, may lay off 400-500 employees
SoftBank Group CEO quits in just 5 mths
SoftBank Group International CEO quits in just 5 months
Startups on a layoff spree, SoftBank-backed Unacademy fires another 150 employees
Edtech platform Eruditus lays off staff to improve profitability
Swiggy buys restaurant tech platform Dineout
SoftBank reports $13 bn loss amid tech sell-off, cuts startup funding
SoftBank posts $13 billion loss for FY22 hit hard by falling tech valuations across the globe
Markets
Open becomes 100th unicorn of India, raises $50 million in Series D round led by IIFL