Tata Group to Buy 68% in BigBasket for Rs 9.5K Crore
The Tata Group is in the final stages of acquiring a majority stake of 68 per cent in Supermarket Grocery Supplies, which runs and operates online grocery...
Tag : Alibaba
UBS Group May Invest $400 Mn in Paytm
UBS Group AG is in talks to invest $400 million in Paytm, the most valuable Indian startup, in a bet on the surging digital payments...
Tata Group to Buy 80% Stake in BigBasket for $1.3 Bn
The Tata Group is in advanced talks for buying around 80 per cent stake in BigBasket for around $1.3 billion, valuing India’s largest online grocery store at $1.6 billion,...
Saudi Aramco Race for IPO Record With $1.7 Trillion
To set the price range by oil giant of Saudi Aramco of worth up to $1.7 trillion which is below the $2 trillion sought by...
Alibaba Subsidiary Whale Cloud Unveils 5G Operation Map
In Mumbai, Alibaba subsidiary Whale cloud has data centre unveiled a 5G operation map of the country. The 5G operation map will guide communication service...
Jack Ma Regains The Title Of “China’s Richest Man”
According to the latest version of the Hurun China Rich List 2018, Jack Ma has been renamed as China’s richest man with him and his...
Paytm Raises US$ 300 Million From Berkshire Hathaway Inc.
According to documents filed with the Registrar of Companies, One97 Communications Ltd, the parent of Paytm, has raised US$ 300 million from Warren Buffett’s Berkshire...
Jack Ma Announces To Move Away From Alibaba Group
One of China’s best-known business figures and one of the world’s richest entrepreneurs, Jack Ma has announced to steps down as Alibaba Group’s chairman in...
Paytm And Alibaba To Infuse In Gaming Startup ‘Gamepind’
Paytm‘s parent company One97 Communication and Alibaba Group Owned AGTech Holding Limited which is gaming and entertainment company has announced that they have combinedly invested...
Bigbasket has raised USD 300 mn from Alibaba, others
Bigbasket has raised USD 300 million, from Alibaba and others in a new funding round. The company stated that, it is planning to use the...