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Alibaba gets CCI approval to invest in India's BigBasket

Chinese e-commerce major Alibaba has got approval of the Competition Commission of India (CCI) for investing in Indian online grocery platform, BigBasket. The move comes within a month of Alibaba seeking CCI's nod for the same. According to a CCI notice, Alibaba Singapore...

Grofers denies merger discussions with BigBasket

Online grocery firm Grofers has denied holding merger talks with larger rival BigBasket, saying "just one meeting about business" last year between the two had been blown out of proportion. According to a PTI report: Grofers founder and Chief Executive...

Alibaba seeks CCI approval to buy stake in BigBasket

Chinese e-commerce major Alibaba has sought approval of the Competition Commission of India (CCI) for acquiring stake in online grocery platform, BigBasket. According to a PTI report: "The proposed combination relates to the acquisition and purchase of shares of Supermarket...

Flipkart tests online grocery service Supermart with soft launch in Bangalore

In what can be seen as a step up in its game against Amazon, homegrown online retailer Flipkart on Monday rolled out its online grocery service, Supermart, on its mobile application to a selected set of customers in Bengaluru. Interestingly, the...

Nestle launches KitKat Dessert Delight on Bigbasket

FMCG major Nestle announced the launch of its KitKat Dessert Delight on popular online food and grocery store Bigbasket, thus, extending its presence online. "We recognize that e-commerce would be a key channel for FMCG players in future. To drive...

From Traditional to Global: Gourmet grocery giants of India

Sales of gourmet and international foods – marked by unique and exciting flavour profiles, high-quality formulations and beautiful packaging – are soaring in India. The category has been growing at a steady healthy clip of 20 per cent CAGR...

Grofers gets DIPP approval for online trading of food products

Online grocery firm Grofers has received Government nod for retailing food products in India and will invest US $40 million to expand operations in the country. Grofers was the first company to seek in August last year approval under the...

Paytm may join forces with Alibaba to invest US $200 mn in BigBasket

Digital payments major Paytm may join forces with its investor Alibaba to pick up a minority stake in online grocery retailer BigBasket for about US $200 million, according to sources close to PTI. According to a PTI report: The companies...

Printing MRP, other details mandatory for e-commerce companies from January 2018

To protect online consumers, the Government has made it mandatory for e-commerce companies from January 2018 to print not only the MRP on goods but also information like expiry date and customer care details. According to a PTI report: An...

Bigbasket announces a record customer base of 5 million

Bigbasket, one of India's largest online supermarkets - with a presence in over 26 cities in India - has successfully crossed the 5 million customers mark. The company offers convenient, one-stop online shopping for high quality fresh products at competitive prices...
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India’s gems, jewellery exports dip 13.44% in June to Rs 15,939.77 cr: GJEPC

The total gems and jewellery exports stood at Rs 18,413.88 crore ($2,240.77 million) during June 2023Mumbai: India's overall gems...
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