SoftBank probes smear campaign against Nikesh Arora
The committee, comprising directors on the board of the group, will examine the allegations, including those against former SoftBank president Nikesh Arora.
New deal may help Lenskart touch Rs 3,000-crore valuation
“Lenskart is now a growth-stage company, which became EBITDA positive in December l...
Paytm in talks to acquire travel company Via.com
Paytm, which raised $1.4 billion from SoftBank in May, has held preliminary discussions alth...
Racing against Flipkart, Amazon pumps record capital into India
The frequent capital infusions indicate Amazon India’s increased spending, or cash burn, towards acquiring new customers and growing market share.
Amul, BigBasket among firms getting government approval to set 101 cold chain projects
"We have sanctioned 101 new cold chain projects across the country with a capacity of 2.76 lakh tonnes. Wastages are high due to lack of cold chain infrastructure," Badal said.
Singapore slings? Taking on Alibaba, Amazon launches Prime Now in the city state
While Amazon does deliver to Singapore, higher-end services had not been available, such as Prime services which include access to the company's video-streaming service.
Alibaba all set to put $300 million in BigBasket
The deal price was expected to be about $200 mn. This has since increased as BigBasket looks to build a bigger war chest to compete with US-based Amazon as well as India’s Flipkart.
E-grocer BigBasket starts selling to kiranas and hotels
The development comes about two months after it launched its specialty food business under the marketplace model.
Tomato sliced out of McDonald's burgers
US burger chain McDonald's has stopped using sliced tomatoes in its products in North and East India due to concerns over poor quality of the crop. Senior executives at McDonald's India said the move to curtail the use of tomatoes in its offerings was not the result of high prices, but poor quality.
Kishore Biyani introduces next generation Big Bazaar, predicts death for online grocery players
Since the last few weeks, Biyani has been making a whistle-stop tour across most of the 110 cities where the retail chain has a presence.
Paytm Mall looks to raise Rs 4,000 crore
“Paytm Mall is planning to close the new round of funding by end of this year and is talking to financial investors from Asia and the US,” said one person close to the development.
Bengaluru based BigBasket to set up small warehouses across the country
BigBasket is setting up a number of small warehouses across the country to be able to ship orders faster under its express delivery service.
Here's why groceries are the biggest untapped e-commerce opportunity
At $600 billion a year, food and beverage (F & B) is the largest retail category in the US but only 1 pc of F & B sales currently occur online.
Grocery startups: Subscription-based services may prove cost-efficient
A few new seedlings are reinventing the online grocery delivery model with subscription-based services to get a handle on cost-efficiency and unit economics.
Localbanya operations begin in Delhi
The company had launched a highly visible advertising campaign in Delhi, which also helped it build a database of potential customers.
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