 "Softbank")
Prep for funding winter: SoftBank warns its portfolio firms
After a recent fall in profit, Masayoshi Son of SoftBank announced that the Japanese tech investor will look at dramatic cost-cutting. Before he does that, investments in India for calendar year 2022 (CY22) will fall radically, observed sources in the know.
Vedanta eyes $100-bn revenue by 2030, capex of about $3-bn in next two yrs
Billionaire Anil Agarwal, who is chairman of Vedanta, said on Wednesday that the company was targeting $100 billion in revenue by 2030 as it continued to diversify its operations across the natural resources spectrum. Read
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