SoftBank in talks to invest US$1.4b in India's One97 Communications: sources

Bangalore

SOFTBANK Group Corp is in talks to invest about US$1.4 billion in India's One97 Communications Ltd in a deal that would value the owner of the country's largest digital payments provider at about US$7 billion, according to people familiar with the matter.

The deal is not yet finalised and the terms may yet change, said the people, asking not to be ident…