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Indian conglomerate Tata Group buys a majority stake in e-grocer Bigbasket; earlier reviews counsel that the deal is price $1.31B for a stake of as much as 64.2% (Reuters)




Reuters:

Indian conglomerate Tata Group buys a majority stake in e-grocer Bigbasket; earlier reviews counsel that the deal is price $1.31B for a stake of as much as 64.2%  —  Tata Sons (TATAS.UL) has acquired a majority stake in Alibaba-backed (9988.HK) on-line grocery vendor BigBasket, a unit of the Indian conglomerate stated on Friday.





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