The BigBasket notice also said that Daily Basket is carrying out an e-commerce business that offers similar products and services through a similar domain name

These reforms come a little over a fortnight after Finance Minister Nirmala Sitharaman introduced amendments to relevant legislation during the Budget session to float  LIC IPO on markets

Panchgani-based Mala's Fruit Product's jams and ketchups came to the rescue of consumers not just in Maharashtra but also in adjoining Gujarat, through general trade as well as ecommerce platforms such as Grofers and Big Basket

The IPO market is likely to see a number of big-ticket launches due to positive market sentiment, which has led the Sensex and Nifty to record highs in 2021

Stock Market Live News Today: Sensex and Nifty continued hitting new all-time highs today. Both benchmarks hit fresh lifetime highs of 51,523 and 15,159 earlier today

\"We are on road to double our GMV every year and are aiming to hit Rs 10,000 crore in GMV by financial year 2021,\" Grofers founder Saurabh Kumar told PTI

Goyal promises to right the wrongs; says Fairwork survey has hit the right spot. \"All of us here at @zomato take full responsibility for our abysmal scores in this area, and we will leave no stone unturned to perform better,\" adds Zomato CEO

While social media users argued on whether to trust Saffola, one of the honey brands that passed the NMR test, the company assured that all its batches undergo this stringent test

Reliance Retail closed nine deals with eight investors between September 25 and November 9. The investors included Silver Lake, KKR, Mubadala, ADIA, GIC, TPG, General Atlantic and PIF

Gold imports, which have a bearing on the current account deficit, decline 47.42 per cent to $9.28 billion during April-October due to a decline in demand in the wake of the COVID-19 pandemic; British Prime Minister Boris Johnson plans to announce next week a ban on the sale of new petrol and diesel cars from 2030; Reliance Industries Limited (RIL) subsidiary Reliance Retail Ventures Limited (RRVL) acquires a majority stake in online furniture startup Urban Ladder Home Decor Solutions Pvt Ltd. Watch this and more on News Blast.Also Read: WPI inflation for October rises third month in a row to 1.48%

Look forward to celebrating Diwali at the White House next year: Biden, Harris US President-elect Joe Biden and Vice President-elect Kamala Harris wished people on the occasion of Diwali and said that they look forward to celebrating the festival of lights at the White House next year. Extending their wishes, Biden and Harris said in a joint statement that, like many cherished traditions, Diwali too symbolises of \"light over darkness, knowledge over ignorance, and empathy over apathy\" ami...

The MIAL, also known as Chhatrapati Shivaji International Airport, has sought a reduction in interest rate for all loans and wanted additional term loans for the period ending March 2021

Grofers has clocked $1 billion in gross merchandise value (GMV) in the financial year 2020 and it aims to hit $4 billion (about Rs 30,000 crore) in GMV by 2022

New cautious strategy may have evolved since existing investee companies such as Paytm, OYO, Ola and others continue to burn cash and struggle for profitability despite years of pumping in billions of dollars

Online supermarket BigBasket landed in a soup recently when it accidentally put the data of over 2 crore users at stake.

Stolen data being sold for $40,000 on the dark web. Details like names, email IDs, password hashes, PIN, contact numbers, among other details leaked. BigBasket lodges complaint with cyber cell in Bengaluru

Alibaba, which is a major investor in BigBasket with around 28 per cent stake, is not pumping any fresh capital into the e-grocer in the wake of a larger anti-China sentiment and FDI curbs imposed by the government

The equity market has seen a roller coaster ride. Most investors are likely to have found it too adventurous. They would have looked to exit the market in the first opportunity

All major cycle manufacturers in the country like Hero Cycles, TI Cycles, Decathlon and Trek bikes are witnessing a surge in demand on the back of the coronavirus lockdown

Most consumer durables majors claim that their sales are almost at pre-COVID levels, and they are hoping for a great festival season too. However, bulk of this consumer optimism is coming from the smaller markets