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Tata, Reliance, Adani! Big corporates in an aggressive acquisition spree Tata Sons has agreed to acquire control of India's largest online grocer BigBasket; Reliance Industries recently acquired additional equity stake in the US-based technology company skyTran Inc Nevin John | March 15, 2021 | Updated 21:37 IST Indian conglomerates are in a race to acquire assets for building comprehensive business ecosystem around each business that they are in. Tata Group, Reliance Industries (RIL), Aditya Birla, Adani, JSW and Vedanta are among those acquiring smaller companies, including start-ups, to f...

E-pharmacy firm 1mg says investing in cold chain, training staff for COVID-19 vaccination Prashant Tandon, chief of the e-pharmacy firm told Moneycontrol that 1mg is keen to participate in the COVID vaccination drive but is awaiting clarity on when and how the private sector can participate Prashant Tandon, CEO, 1mg India's leading e-pharmacy company 1mg said it is investing in expansion of its cold chain, training thousands of vaccinators and is in touch with vaccine makers for possible partnerships to participate in COVID-19 vaccination, as and when the government allows the private secto...

Read more about 42% Indians willing to pay Rs 500 for Covid-19 vaccine: 1mg Survey on Business Standard. Only 5% willing to shell out more than Rs 2,000, about 84% willing to be immunised

Tata Group in final stages of buying stakes in BigBasket, e-pharmacy 1mg: Report The BigBasket deal will be the largest in India’s online consumer sector and value BigBasket at $1.6 billion BigBasket warehouse (Image: BigBasket) Tata Group will infuse $200-250 million primary cash in BigBasket as part of its deal to acquire a majority stake in the online grocery company. The larger $1.2 billion deal to acquire majority 60 percent stake in BigBasket includes a mix of primary and secondary sale of shares, a source told The Economic Times. Moneycontrol could not independently verify the report...

Tata Group in final stages of acquiring stakes in BigBasket, 1mg: Report Tata Group in final stages of acquiring stakes in BigBasket, 1mg: Report The Tata Group is expected to spend about $1.2 billion, in a mix of primary and secondary sale of shares, for a 60 per cent stake in BigBasket. The salt-to-software conglomerate is also in the final stages of acquiring over 50 per cent stake in online pharmacy startup 1mg.  advertisement UPDATED: January 20, 2021 15:59 IST The Tata Group is expected to make a formal announcement regarding the BigBasket deal soon as talks have been going on since la...