Grocery chain Sumosave Retail raises Rs 50 crore led by 12 FlagsFounded in 2022, Sumosave had previously raised $3.3 million from Lightspeed and angel investors. The firm operates company-owned neighbour...
10 Jul, 2026, 06.30 PM IST
Egg prices in USA artificially spiked? Three producers accused of price-fixing agree to pay $3.3 million, donate 53,000,000 eggsAmerica's egg supply chain is shaken as three major producers agree to a $3.3 million settlement and donate 53 million eggs. Accused of sec...
06 Jul, 2026, 03.28 PM IST
Americans were told bird flu caused soaring egg prices, then an investigation uncovered these text messages from US egg producers - here's what we know so farEgg price investigation explained: US egg giants are accused of secretly coordinating to inflate prices during the bird flu crisis. Prosecu...
03 Jul, 2026, 04.10 AM IST
Reliance AGM 2026: Isha Ambani lays out Rs 1 lakh crore FMCG ambition amid Jio IPOReliance Industries used its 2026 AGM to outline ambitious growth plans across retail, consumer goods and digital businesses, while also ta...
19 Jun, 2026, 04.36 PM IST
Higher prices for gas, groceries and flights will outlast the Iran war, experts sayA tentative deal to end the Iran war offers hope but immediate price drops for consumers are unlikely. Experts suggest it will take time fo...
17 Jun, 2026, 11.21 AM IST
BigBasket CEO Hari Menon steps down; Amazon veteran Amit Nanda takes overBigBasket CEO Amit Nanda: Tata-owned BigBasket founder Hari Menon has stepped down from the CEO role at the e-grocery firm, the company ann...
16 Jun, 2026, 08.50 PM IST
In 1948, a supermarket problem sketched in simple lines inspired a new code: And the barcode quietly transformed modern shoppingWhat began as a mundane challenge in a local grocery store ignited the spark of a revolutionary idea. Inventors Bernard Silver and Norman J...
11 Jun, 2026, 05.23 PM IST
Bigbasket elevates Seshu Tirumala as COO as it sharpens quick commerce pushTirumala joined BigBasket in 2014 and was most recently its chief buying and merchandising officer. He has also overseen sourcing, category...
04 Jun, 2026, 02.44 PM IST
For a match made in retail heaven, friction on earth can be realQuick commerce is transforming Indian retail. Platforms like Blinkit and Zepto now drive a significant portion of online sales for major FM...
30 May, 2026, 03.01 PM IST
Memorial Day 2026: Is Costco, Walmart, Target, Publix, Trader Joe’s, Aldi, Whole Foods and Kroger open? Banks closed as federal holiday store hours confuse shoppersMemorial Day 2026: Costco closed; Walmart, Target, Publix, Aldi, Whole Foods, Kroger open with regular or modified hours. Banks closed acro...
25 May, 2026, 06.33 PM IST
BigBasket B2B arm's loss widens 21% in FY23; turnover at Rs 2,261 croreThe unit also registered a turnover of Rs 2,261.3 crore for the fiscal year. In FY22, the unit’s losses stood at Rs 177.9 crore, while its ...
09 Aug, 2023, 08.30 PM IST
BigBasket gets another Rs 350 cr from holding companyTata Digital launched the app on April 7 after multiple delays and advertised it throughout the Indian Premier League (IPL).
02 Jun, 2022, 06.34 PM IST
Competition Commission approves BigBasket's 64% stake sale to Tata DigitalThe transaction, which marks one of the largest acquisition deals in India’s digital sector, will put the Tata group in direct competition ...
30 Apr, 2021, 09.26 AM IST
Merger and acquisitions jump over 17 per cent to USD 25.3 billion in Q1: ReportThough the deal value jumped 17.4 per cent to USD 25.3 billion across 97 deals, over USD 21.6 billion across 122 deals, which means the dea...
22 Apr, 2021, 05.45 PM IST
BigBasket’s operating loss up 12%The company’s overall loss shot up by almost 7 times from Rs 95 crore in FY16 to Rs 653 crore in FY17 due to “fair value changed to the fin...
30 May, 2018, 09.15 AM IST
BigBasket receives $200 million in a round led by AlibabaAs per the company filings, Alibaba owns 14,60,000 shares of the Bengaluru-based company which is registered as Supermarket Grocery Supplie...
02 Feb, 2018, 10.24 AM IST
Amazon, two others get nod for FDI in food retailWhile Amazon Retail has proposed investment of Rs 3,500 crore, Supermarket Grocery Supplies has planned Rs 105 crore.
03 Aug, 2017, 12.23 AM IST