Grofers and BigBasket to merge this year

Grofers and BigBasket may Merge this year due to individual Revenue Losses

In a news that may make investors and customers happy, Bengaluru based BigBasket and Gurugram based Grofers may be merging to form one big hyperlocal grocery delivery company. It is belived...

Reliance Jio Subscriber Base reaches 72.4 Million in 4 Months

Reliance Industries Limited (RIL) on Monday released its report on an account of Q3 (FY 2016-17) Financial and Operational Performance - particularly the quarter finishing on December 31, 2016. The organization...
Grofers revenue drops

Grofers in Problem: Revenue drops by 32%, losses increase by 15 times

Gurugram based hyper local delivery startup Grofers has suffered massive losses in this fiscal year. This was mainly due to a hurried rapid expansion along with high capital and HR costs...
Ronnie Screwvala

Entrepreneur Ronnie Screwvala invests $3.5 million in Lenskart

Serial entrepreneur and media mogul Ronnie Screwvala has invested $3.5 million (RS 24 crores) in Lenskart, thus increasing his stake in the company to 19%. This is not the first investment...
Tata Motors launched Tata Xenon Yodha

Tata Motors launched Tata Xenon Yodha

Tata Motors launched its first result of 2017, the new Tata Xenon Yodha, within the sight of its recently appointed brand ambassador, Akshay Kumar. The pickup - Tata Xenon Yodha, has...
State Bank, PNB and Union Bank on Sunday cuts lending rate by up to 0.9 per cent

State Bank, PNB and Union Bank on Sunday cuts lending rate by up to...

Top PSU moneylenders State Bank, PNB and Union Bank on Sunday sliced their benchmark lending rates by up to 90 basis points, a day after Prime Minister Narendra Modi asked banks...