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<ul><li>With <keyword id="28240" type="PERSON" weightage="20" keywordseo="Independence-day">Independence Day</keyword> around the corner, most Indian brands are set to offer great discounts on their platform. </li><li>Amazon has announced its Freedom Sale. </li><li>From the e-grocery segment, both leaders – Grofers and Big Basket – have announced their big sale period.</li></ul>The month of August is better known as the month of sales in India. As most ‘end of the season’ sales at malls wrap up, they re-open again for two days around Independence Day. From offline to online, discounts and deals do the rounds everywhere. Online shopping The global e-retail giant just concluded its Amazon Prime day sale and will soon be back with its ‘<keyword id="6765736" type="UNKNOWN" weightage="20" keywordseo="amazon-freedom-sale">Amazon Freedom Sale</keyword>’ from August 8th to 11th. From smartphones to electronics to fashion, Amazon customers can avail of over 50% discount. The e-commerce platform would also have products from women entrepreneurs from its programme – Amazon Saheli. Its rival Flipkart will announce its Big Billion Day sale, will also leverage the Independence day sales to offer <keyword id="645883" type="COMPANY" weightage="20" keywordseo="Deals-and-Discounts">deals and discounts</keyword> to its consumers E-grocery Grocery startups like Grofers, BigBasket will join the sales buzz too. Grofers is set to begin the second edition of its Grand Orange Bag Days from 10th to 18th August, where it will offer consumers 100% cashback on products. It also offers a cross partnership where users can use the cashback at other places like Urban Clap, Book My Show, Ferns N Petals, Beardo, Gaana, Café Coffee Day, Faasos among others. BigBasket also announced its Freedom 47 sale, from where users will get 47% discount on products. Offline retail Retail outlets in malls will too offer multiple sales during this time. Future Group’s Big Bazaar which made its Maha Bachat sale famous during Independence Day will be back with the same, where it offers over 60% discount on everyday essentials.

It’s raining deals in August, and here’s what is best for you

DMart and JioMart are offering deep discounts to catch up with BigBasket

Several investors have lined to rake in money in <keyword id="964794" type="COMPANY" weightage="20" keywordseo="BigBasket">BigBasket</keyword> and latest to join the list is Chinese ecommerce giant <keyword id="302749" type="COMPANY" weightage="20" keywordseo="Alibaba">Alibaba</keyword>. As per various reports, Alibaba, <keyword id="4225623" type="UNKNOWN" weightage="20" keywordseo="Paytm-Mall">Paytm Mall</keyword>, Temasek Holdings, Fosun Group, etc, are in fundraising talks with BigBasket. Also, Alibaba has shown interest in picking up a stake in BigBasket. ET quoted sources as saying Alibaba-Paytm Mall combine have offered to invest $200 million in BigBasket at a valuation of nearly $900 million post the investment. Meanwhile, Fosun's venture capital arm Kinzon Capital is in discussions with BigBasket for co-investment in the ongoing funding round with a cheque of $20-30 million. "It is for the founders to decide who they would like to go with," ET quoted sources as saying. Alibaba and <keyword id="649392" type="COMPANY" weightage="20" keywordseo="Alipay">Alipay</keyword> own over 50% stake in Paytm Mall and have been focussing on investments in grocery and physical retail investments across the globe. "As matter of policy, we do not comment on market speculation and rumours," an associate on behalf of Temasek said in response to ET's queries. Apart from Alibaba, Amazon is also concentrating on the online grocery market in India. The company is likely to begin directly selling groceries and other food products online after recently securing the government's approval for its proposed $500-million foreign direct investment in the business.

BigBasket valuation may touch $900 million; Here’s how it is set to become bigger

<ul><li><keyword id="19899647" type="General" weightage="100" keywordseo="iPhone-16" source="keywords">iPhone 16</keyword> can be delivered to your doorstep in under 10 minutes</li><li>The phone is available on Blinkit, <keyword id="19939136" type="General" weightage="20" keywordseo="BigBasket" source="keywords" meta.keywordsubtype="org" meta.entityname="BigBasket" meta.hostid="261" meta.entityid="BigBasket">BigBasket</keyword> and <keyword id="19939134" type="General" weightage="20" keywordseo="Zepto" source="keywords" meta.keywordsubtype="org" meta.entityname="Zepto" meta.hostid="261" meta.entityid="Zepto">Zepto</keyword></li><li>The iPhone 16 was made available for sale in India today</li></ul> Earlier this morning, <keyword id="19894961" type="General" weightage="20" keywordseo="Apple" source="keywords" meta.keywordsubtype="org" meta.entityname="Apple" meta.hostid="261" meta.entityid="Apple">Apple</keyword> stores in Mumbai and Delhi witnessed huge lines of iPhone buyers, ready to get their hands on the next-gen models. Apple’s iPhone 16 series went for sale in India today and the excitement around the new phones is palpable. However, what if we tell you that you can order an iPhone within the comfort of your home? Blinkit is selling the iPhone 16 promising to deliver it to your doorstep in a few minutes. The phone is also being sold at BigBasket. However, it is to be noted that Blinkit and Big Basket are not selling the pro variants of the iPhone 16. If you are looking for the higher-end variants, you will have to either buy from a store or order it online. In India, the iPhone 16 is priced at ₹79,900, while the iPhone 16 Plus is available for ₹89,900. The <keyword id="20656465" type="General" weightage="20" keywordseo="iPhone-16-Pro" source="keywords">iPhone 16 Pro</keyword> starts at ₹1,19,900, and the iPhone 16 Pro Max is priced at ₹1,44,900. <div type="Article" hostid="261" msid="113214171" title="iPhone 16 Pro with A18 Pro chip launched: Should you upgrade if you own an iPhone 15 Pro?" mstype="2" mssubtype="0"></div> Let us take a look at where you can buy all variants of the iPhone 16 and what are the bank offers available. <h2>iPhone 16 available in under 10 minutes</h2>Blinkit is currently selling the iPhone 16 and iPhone 16 Plus models, though only the 128GB variant is available for purchase. The higher storage options are currently unavailable on Blinkit, and BigBasket. It's still unclear if the Pro models will be added to their listings in the coming week. In addition to Blinkit and Big Basket, the iPhone 16 is also available at Zepto. Blinkit and BigBasket, meanwhile, promise to deliver the phone in under 10 minutes. On the other hand, Zepto is promising to deliver the device in about 30 minutes. <h2>Customer orders iPhone 16 via BigBasket</h2> In a press release, BigBasket shared that a customer from Koramangala, Bengaluru had ordered an iPhone 16 at 8:00 AM and received the product in just seven minutes, at 8:07 am. The customer, upon receiving the product, said as per the press release, “I’ve always trusted bigbasket for my daily needs and groceries. However, I was pleasantly surprised to see that they are also delivering the new iPhone 16. What topped the excitement was getting the iPhone 16 within minutes of ordering! It’s a game-changer in quick delivery.” <h2>Bank offers on the iPhone 16</h2>Shoppers can enjoy savings of up to ₹5000 when purchasing an iPhone 16 using eligible credit cards from Kotak Mahindra, SBI, and ICICI Bank credit cards on Amazon. To make the purchase even more convenient, no-cost EMI options are available for 3 to 6 months through most major banks. Meanwhile, Vijay Sales is offering various deals to select card holders of ICICI bank, SBI, HDFC bank, Kotak Mahindra bank, YES Bank, IDFC FIRST Bank and Federal Bank. EMI options are also available on the website. <div type="Article" hostid="261" msid="113448967" title="You can get free Apple Airpods 4 and Apple Pencil with this limited-time deal in India, details here" mstype="2" mssubtype="0"></div> In addition to this, Apple is also offering its popular Trade-In program, which allows buyers to exchange their old devices for a discount. Depending on the condition and model of the device being traded in, customers can receive anywhere from ₹4000 to ₹67,500 off their new iPhone. In addition to these savings, those purchasing an iPhone 16 will receive a complimentary three-month subscription to Apple Music, Apple TV+, and Apple Arcade, adding even more value to their purchase. <h2>About the iPhone 16 lineup </h2> Apple has introduced some new features in the new iPhone 16 series, aiming to make both the standard and Pro models more advanced and user-friendly. The iPhone 16 and iPhone 16 Plus now boast a new Camera Control button, giving users quicker access to key functions. Both phones are powered by the upgraded Apple A18 chip and come with an improved dual-camera system that includes a new spatial capture feature for enhanced photography. Running on iOS 18 right out of the box, these models are set to receive further smart updates with upcoming software enhancements. The vanilla iPhone 16 features a 6.1-inch display, while the iPhone 16 Plus offers a larger 6.7-inch screen. Both displays are protected by Ceramic Shield technology and reach a peak brightness of 2,000 nits, though they continue to use 60Hz OLED panels. On the camera front, these models come with a 48MP main sensor capable of 2x zoom and a 12MP ultrawide camera that can now take macro shots. For selfies, a 12MP TrueDepth camera is included on both models. The iPhone 16 Pro and iPhone 16 Pro Max take things a step further, with bigger screens and narrower bezels. The Pro comes with a 6.3-inch display, while the Pro Max offers a 6.9-inch one. Both feature Retina XDR OLED screens with a smooth 120Hz refresh rate and up to 2,000 nits of brightness. Both phones are powered by the advanced A18 Pro chip and run on iOS 18. For photography enthusiasts, the Pro models pack a triple-lens setup, including a 48MP main camera, a new 48MP ultrawide lens, and a 12MP periscope camera offering 5x optical zoom. The front-facing camera remains a 12MP TrueDepth unit, and both Pro models now support 4K video recording at 120fps. Like the standard versions, they also come equipped with the new Camera Control button, making it easier than ever to snap photos and capture moments.

You can get the iPhone 16 in under 10 minutes while sitting at home, here is how

<ul><li>YouGov's latest report reveals that <keyword id="6357120" type="DEFINITION" weightage="20" keywordseo="paytm">Paytm</keyword> and Big Basket are the most used apps for ordering essentials during the COVID-19 <keyword id="91743" type="PERSON" weightage="20" keywordseo="lockdown">lockdown</keyword></li><li>Although people have engaged with delivery apps during this period, only half are satisfied with the online ordering experience.</li></ul>YouGov’s latest survey reveals that despite the lockdown and strict norms around social distancing, the majority of urban Indians (52%) are stepping out and buying essentials from local retailers and hypermarkets. 39% are getting it delivered locally by neighbourhood vendors. The survey was run among 1000 respondents from 14th- 17th April. Most people have used delivery apps to order essential supplies during the lockdown period and Paytm is the most used app for this purpose (39%), followed by Big Basket (21%) and Big Bazaar (18%). Although slightly late but Swiggy and Zomato have entered the fray, and one in six people admitted to using these apps for the delivery of necessary items (16% and 15%, respectively). Amazon Pantry (16%), Reliance Fresh (15%), Grofers (14%) and Dmart (14%) were some other popular channels of delivery. Comparatively, Flipkart Supermart (10%), Domino’s Pizza (7%), Milk Basket (5%), Nature’s Basket (4%) and Dunzo (3%) were less popular for ordering daily supplies. While people have indulged with delivery apps at some point during the lockdown, currently only one in five (20%) Indians are ordering essentials online through these apps. Residents in North India were more likely to say this- at 27%. Similarly, a higher number of tier-1 and tier-2 city residents are likely to order online through delivery apps as compared to tier-3 residents. Among the different age groups, people in their thirties (28%) are more likely than the rest to shop everything online. Even though Paytm emerged as the most used delivery app for essentials during the lockdown, when it specifically comes to those who are currently only ordering online, Big Basket takes the top spot (at 44%), followed by Paytm (34%) and Grofers (33%). The e-grocer is especially popular among respondents from tier I cities, with 58% saying they shopped from Big Basket during the lockdown. Paytm on the other hand, is more popular in tier-2 and 3 cities. The high volume of people stepping out to buy necessities or getting them delivered locally could be due to problems faced with online grocery shopping. Unavailability of goods is the top concern among buyers ordering essentials online (40%), followed by lack of variety as well as unusually long delays in deliveries (32% each). Some respondents experienced cancellation of their orders (22%), received partial deliveries (17%) and faced issues with order policies (16%). Few witnessed payment issues (11%) while few others received low quality products (10%). However, a quarter seem pleased with the experience and claim to have had no problems with their delivery. At an overall level, half the respondents are satisfied or very satisfied with the experience of ordering essentials online. One in six (16%), however, are either unsatisfied or very unsatisfied while a third (33%) are unsure of their experience. Unsurprisingly, satisfaction is higher among those who currently order online as compared to those who either step out or order essentials locally through neighbourhood vendors and this presents an opportunity for e-grocers to win these consumers by offering better service and experience. Speaking about this Deepa Bhatia, General Manager, YouGov India, said, “While the COVID-19 crisis has adversely impacted most businesses, it has also opened opportunities for some e-commerce players, especially those catering to the daily needs of people. Along with serving new customers, it is imperative to satisfy and retain the existing ones. In such an environment, it is important for brands to win consumers’ trust by understanding their needs and concerns, and then targeting them with the appropriate communication and marketing strategies.” Data collected online by YouGov Omnibus among 1000 respondents in India between 14th - 17th April 2020 using YouGov’s panel of over 6 million people worldwide. Data is representative of the adult online population in the country.

People are depending most on Paytm and BigBasket for ordering essentials during the Covid-19 lockdown

<ul class="summary-list"><li>Cryptocurrency stocks were the worst performers in the market in May, <keyword id="131738" type="COMPANY" weightage="60" keywordseo="Saxo-Bank">Saxo Bank</keyword> has said.</li><li>The bank's crypto-theme basket tumbled 18.1%, much further than any other major theme.</li><li>Yet crypto stocks outperformed <keyword id="6354947" type="UNKNOWN" weightage="60" keywordseo="bitcoin">bitcoin</keyword>, which plunged more than 30% in May.</li></ul>Crypto stocks were the worst-performing "basket" of assets in May as the price of <a href="https://markets.businessinsider.com/currencies/btc-usd">bitcoin</a> and other tokens plunged, according to Saxo Bank.The Danish bank's bundle of crypto and blockchain theme stocks plummeted 18.1% in May, causing some serious pain for investors sucked in by 202 1's bitcoin rally.That was far worse than Saxo's other major baskets, which are groups of stocks that give investors exposure to a key theme. The second-weakest for performance was next-generation medicine stocks, which fell 6.3%, while e-commerce stocks slid 3.7% as investors rotated out of the technology sector.It was a very tough month for stocks of bitcoin miners, exchanges and companies with direct exposure to <keyword id="2420795" type="PERSON" weightage="60" keywordseo="cryptocurrencies">cryptocurrencies</keyword>. The price of <a href="https://markets.businessinsider.com/stocks/mstr-stock">MicroStrategy</a> - a technology firm that holds billions of dollars of bitcoin - tumbled 28% in May. <a href="https://markets.businessinsider.com/stocks/riot-stock">Riot Blockchain</a>, a mining company, plunged 35%.Yet Saxo's crypto stocks basket fared better than the crypto market itself. Bitcoin lost around 35% against the dollar in May, after Elon Musk's Tesla said it would <a href="https://www.businessinsider.com/tesla-bans-bitcoin-payments-due-to-impact-on-environment-2021-5">stop accepting the token</a> as payment for its cars and China signaled <a href="https://markets.businessinsider.com/currencies/news/bitcoin-price-cryptocurrencies-china-crypto-crackdown-price-outlook-2021-5-1030445035">a new crackdown</a> on payments. Other tokens such as dogecoin also slid.On Tuesday, bitcoin was more than 40% below its all-time high of close to $65,000 reached in April, trading at around $36,860."The divergence in performance between bitcoin prices and the crypto theme basket shows that the companies in the basket are not purely driven by cryptocurrency prices," said Peter Garnry, head of equity strategy at Saxo Bank.Banks such as Saxo are increasingly working out how to offer their clients exposure to the cryptocurrency boom, which has seen bitcoin soar more than 280% over the last year, even with the latest price plunge factored in.JPMorgan <a href="https://markets.businessinsider.com/currencies/news/jpmorgan-crypto-exposure-product-bitcoin-btc-wall-street-interest-2021-3-1030167943">in March said</a> it would start creating debt products linked to the performance of its own crypto basket of stocks, giving investors indirect exposure to the <keyword id="5290028" type="UNKNOWN" weightage="60" keywordseo="cryptocurrency-market">cryptocurrency market</keyword>.Yet the recent crash in the bitcoin price has raised concerns that the enthusiasm of institutional investors could now wane.In May, analysts at JPMorgan flagged "continued retrenchment" by big players. "Institutional investors appear to be shifting away from bitcoin and back into traditional gold, reversing the trend of the previous two quarters," they said in a note.

Crypto stocks were the worst performers in the market in May - but they still did better than bitcoin

E-tailers like <a href="http://www.businessinsider.in/searchresult.cms?query=Flipkart%2C+Amazon">Flipkart, Amazon</a> and <keyword id="964794" type="COMPANY" weightage="100" keywordseo="BigBasket">BigBasket</keyword> want to satisfy their customers by fulfilling their demands on time and for that they need commercial vehicles. They have found a suitable ride in on-demand truck despatch platforms, keeping a closer tab on shipment costs. 
 
Around a dozen <a href="http://www.businessinsider.in/searchresult.cms?query=commercial-vehicle+aggregators+">commercial-vehicle aggregators</a> have sprung up because e-Commerce is appearing as a promising business segment for steady revenues. Their business is to get trucks on a mobile platform and let customers hail away as they would do for a cab. 
 
It is a technology access point for a highly unorganized but lucrative market estimated to be around Rs 39,000 crore ($6 billion), the money aggregately earned by light commercial vehicle operators in one year. 
 While there are seniors in the business like Mumbai's The Porter and Shippr in <keyword id="6354321" type="CITY" weightage="20" keywordseo="Bengaluru">Bengaluru</keyword>, Chennai's home-grown player GoGo Truck entered e-Commerce within six months into the business. 
 
GoGo Truck has about 200 trucks on its platform. It is expanding its business into smaller cities such as Coimbatore and Erode. The company has contracts with <a href="http://www.businessinsider.in/searchresult.cms?query=e-Commerce+">e-Commerce</a> majors <keyword id="18635" type="CITY" weightage="100" keywordseo="Amazon">Amazon</keyword> and BigBasket for dedicated trucks. 
 
While Amazon will utilize GoGo Truck for movement between its fulfillment centers, <a href="http://www.businessinsider.in/searchresult.cms?query=e-Commerce+">BigBasket</a> is planning to go beyond — using commercial vehicles for linking the last mile. 
 
Having a dedicated fleet on demand will rid e-Commerce firms of the task of deciding prices with individual fleet owners or last-minute haggling at the eleventh hour. "The advantage in this model is the stability of pricing and tracking. If you need a Tata Ace or an <a href="http://www.businessinsider.in/searchresult.cms?query=Ashok+Leyland">Ashok Leyland</a>…in half an hour, it is possible in this model," says A Vasister, Founder and CEO of GoGo. 
 
Amazon Logistics is working with over one vehicle aggregator helping in transport within, and between, cities. It believes vehicle tracking has levers focused on the customer. 
 
Samuel Thomas, director transportation at Amazon India, is of the opinion that in case of inter-city deliveries, the GPS can be a big game changer as it enables us to track the vehicles' movements and helps in managing and tracking the inventory. “Additionally, it enhances route planning and thereby timeliness of deliveries. We can also keep the customer informed,” he said. 
 
Pranav Goel, the entrepreneur at the helm of The Porter, says his trucks can offer data to clients about the loading and unloading capacities of their hubs. With every stop or breakdown and the idle periods captured real-time, e-tailers can know which hubs suffer delays in cargo handling. 
 
"More hubs mean less visibility at every node of the supply chain. This leads to cost leakages in the system. The data we provide can help them spot congested hubs," said Goel. His company recently completed a Rs 35-crore Series-A round. 
 
(Image: Indiatimes)

Flipkart, Snapdeal and Amazon’s rapid growth is fuelling startups in an unassuming sector

<div class="KonaFilter image-container display-table"><div><div class="image on-image">Reuters / Lee Celano</div></div></div><ul><li>The best way to protect against a stock market downturn might be to own a basket of "out of favor" commodity stocks, says Jefferies.</li><li>The firm argues that the impact of low inflation on outsized stock market returns has been underappreciated.</li></ul> The equity strategy team at Jefferies has a novel idea for how to protect against a big stock market downturn.Rather than simply buying exposure to the <a href="http://markets.businessinsider.com/index/VIX" target="_blank" rel="noopener">CBOE Volatility Index</a> - or VIX, which trades inversely to the benchmark <a href="http://markets.businessinsider.com/index/s&amp;p_500" target="_blank" rel="noopener">S&amp;P 500</a> roughly 80% of the time - the firm says the best hedge might be to own a basket of "out of favor" commodity stocks.At the core of Jefferies' reasoning is what they identify as one of the most extreme divergences in 25 years between the S&amp;P 500 and commodity indices. The firm sees this performance gap closing, and notes that commodities will likely rally at the expense of stocks sometime soon, making the hedge effective.Commodity stocks "at least offer operational gearing to rising commodity prices," Jefferies Chief Global Equity Strategist Sean Darby wrote in a client note. "A hedge to global equity markets is to buy some commodity stocks including agriculture. Until the long end of the yield shifts upwards, asset prices will still be under pressure to inflate."<div class="KonaFilter image-container display-table"><div><div class="image on-image">JefferiesCommodities have offered an attractive risk-return profile since 2016.</div></div></div>The expectation of more inflation informs Jefferies' overall outlook for equities. In the firm's mind, low inflation was the true and underappreciated cause of stock market strength in 2017.The so-called "disinflation boom" was huge for investors "with low inflation, declining real interest rates and a strong profit cycle acting as a tailwind for share prices," Darby wrote.Now, Jefferies says, investors are at real risk of seeing inflation pick up, something that will put further downward pressure on the US dollar. However, the firm finds that over the last 18 months, commodity indices have trended sideways amid a weakening greenback, further strengthening the case for a commodity-based hedge."The bottom line is that the best 'hedge' for equity investors might simply be to own a basket of 'out of favor' commodity stocks rather than the VIX index," he said. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/crypto-hedge-fund-cio-three-biggest-risks-investing-in-cryptocurrencies-2017-12">The CIO of a crypto hedge fund shares the 3 biggest risks of investing in cryptocurrencies</a></h3> <div> </div> </div>

You Searched For "big basket offers" and got 9 results

It’s raining deals in August, and here’s what is best for you

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DMart and JioMart are offering deep discounts to catch up with BigBasket

Business Insider India

DMart and JioMart are offering deep discounts to catch up with BigBasket

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BigBasket valuation may touch $900 million; Here’s how it is set to become bigger

BI India Bureau

You can get the iPhone 16 in under 10 minutes while sitting at home, here is how

Divyanshi Sharma

People are depending most on Paytm and BigBasket for ordering essentials during the Covid-19 lockdown

BI India Partner

Crypto stocks were the worst performers in the market in May - but they still did better than bitcoin

Harry Robertson

Flipkart, Snapdeal and Amazon’s rapid growth is fuelling startups in an unassuming sector

BI India Bureau

JEFFERIES: There's an unorthodox way for traders to protect against big stock market losses

Joe Ciolli

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