Q. Indian – born Nikesh Arora was appointed as the president and COO of the soft Bank Corporation, Japan in June 2015. What is the main area of activity of the soft Bank?

A
Foreign Exchange
B
Personal Banking
C
Industrial Credit Service
D
Telecommunication and internet
Solution:

Nikesh Arora is an Indian businessman who served as a former Google executive. He later served as the president for SoftBank Group, joining the company in October 2014 until stepping down on 21 June 2016. On 1 June 2018 Arora took on the role of CEO and chairman at Palo Alto Networks.

SoftBank Group Corp. is a Japanese multinational holding conglomerate headquartered in Tokyo, Japan. The company wholly owns Softbank Corp., Softbank Vision Fund (in Japanese), Arm Holdings, Fortress Investment Group, Boston Dynamics, and also owns stakes in Sprint (ca.85%), Alibaba (29.5%), Yahoo Japan (48.17%), Bright Star (87.1%), Uber (15%), Didi Chuxing (ca.20%), Ola (ca.30%), Grab, Renren (42.9%), InMobi (45%), Hike (25.8%), Snapdeal (ca.30%), Brain, Fanatics (ca.22%), Guardant Health, Improbable Worlds (ca.50%), Mapbox, Naruto, Nvidia (ca.5%), One97 Communications (ca.20%), Oravel Stays (42%), OSIsoft, PingAn Heath Cloud (7.41%), Plenty United, Rovian Sciences, Slack Technologies (ca.5%), Vir Biotechnology, WeWork (ca.22%), Zhongan Online P&C Insurance (5%), Compass (ca.22%), Auto1 (ca.20%), Wag (45%), Katerra (ca.28%), Cruise Automation (ca.19.6%), Ele.me, Getaround, Packet.[5] It runs the world’s largest technology fund, Vision Fund.

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