Download Unicorn Signals App

Powered By EquityPandit
 Signals, Powered By  EquityPandit
Latest News

SoftBank’s investment in India may exceed $10 billion

Soft-Bank-EquityPandit

SoftBank, the Japanese telecom and Internet giant’s investment in India will top USD 10 billion in 5-10 years.

Masayoshi Son, its Chief Executive has said that SoftBank that owns one of Japan’s biggest mobile carriers and a controlling stake in US-based Sprint Corp, will be making its first USD 350 million investment in a solar projects in India.

He further said that “We have already invested USD 2 billion and we are interested in investing more.”

He said that “India has a great future. We are interested in investing in Internet companies and also in solar energy. We would make strong commitments.”

Read EqiuityPandit’s Nifty IT Outlook for this week 

Get Daily Prediction & Stocks Tips On Your Mobile