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9 mins read
Tata’s tryst with e-grocery starts with a billion dollar acquisition of BigBasket – here’s why it could be a sweet deal for both
The Tata Group has reportedly acquired a 64.3% stake in Indian grocery unicorn BigBasket. The deal …
3 mins read
The 152-year old Tata Group is chasing its e-commerce dreams as competition rises from JioMart, Amazon, and others
The 152-year conglomerate TATA Group is racing ahead with its e-commerce dreams as the Indian onlin…
6 mins read
Here’s why Grofers may allow an American 'blank cheque' firm to buy it out instead of fighting Ambani and BigBasket for IPO
India’s grocery market is estimated to be $600 billion and less than 5% of it is organised, accordi…
3 mins read
Zomato’s Blinkit buy is a poison pill that will burn cash and delay profits
Zomato today said that it will acquire Blinkit Commerce (formerly known as Grofers India) for a …
2 mins read
Tata dials up another acquisition talk – with India’s discovery platform Just Dial, whose stock is up by 7%
The news of the possible acquisition drove Just Dial Ltd’s stocks to ₹943, up by 7.38% at 1.50…
3 mins read
EXPLAINED: The NUE licence for payments that Tata, Ambani and Bezos have applied for
India’s central bank had floated the bid for NUE licences in August, 2020. The NUE licence wou…
2 mins read
Apple’s new 5G iPhones could reportedly be manufactured by a company within Mainland China for the very first time
While this may put a wrench in the supply chain for Apple, it opens up a plethora of possibiliti…
5 mins read
Startups go physical from digital as pandemic boom ends
Now that the pandemic boom has faded, edtech startups like Byju’s, Unacademy, Vedantu or furnitu…
2 mins read
Grofers cofounder Saurabh Kumar exits, says he wants to ‘wander again’
Kumar, in a farewell email to employees at Grofers, wrote “I haven't known a life outside Grof…
3 mins read
Analysts up RIL’s target price by over 20% on the belief that it is best positioned to capitalise on the country’s hydrogen adoption plans
Shares of India’s largest company by market cap, Reliance Industries, has gained almost 8% in the l…
2 mins read
Stripe, the most valued startup in the US, to offer payment services to India’s merchants after its latest fundraise
US-based payments startup Stripe is making headlines all around the world after its latest fundrais…
2 mins read
PUBG Mobile could return to India riding on Microsoft’s Azure cloud service
The company’s statement to bring PUBG to the cloud focuses on data privacy and security, the two…
5 mins read
The ₹824-crore Craftsman Automation IPO opens today – should you subscribe?
The Coimbatore-based company has kicked off its IPO today, March 15, with a price band of ₹1,488…
2 mins read
Between US-China bickering and earnings bummer from RIL and HUL, Sensex has lost over 4% in first hour of trading
ICICI Bank was the top laggard in the Sensex pack, sinking over 8 per cent, followed by IndusIn…
PTI
4 mins read
Flipkart gets leaner with a $300 million Jabong write-off as CEO Kalyan Krishnamurthy lists out the priorities for 2021
As Walmart boss Doug Mcmillon wants to “step on the gas” in India, Flipkart chief executive offi…
3 mins read
With Rivigo joining the club, these are the 8 unicorns of 2019 so far
India’s unicorn club seems to be having a good year as eight startups joined the coveted club I…
7 mins read
This king cobra researcher is happy to endure a lethal bite or two for the sake of his passion
Gowri Shankar and his wife Sharmila have now set up and run two organisations - Kalinga Cent…