SoftBank changes tack in India as bets on Snapdeal, Grofers, Housing go sour

Softbank Corp CEO Masayoshi Son speaks during a news conference in Tokyo February 12, 2014. SoftBank Corp, which runs Japan's third-largest mobile carrier by subscriber numbers, reported a dip in third-quarter net profit after a string of acquisitions incurred steep integration costs. REUTERS/Yuya Shino