India Business News: BigBasket, owned by Tata Group, aims to achieve profitability in six to nine months, according to co-founder Vipul Parekh. The company's slotted groce
BigBasket, owned by Tata Group, aims to achieve profitability in six to nine months, according to co-founder Vipul Parekh. The company s slotted grocery delivery business is already profitable, while its quick commerce business is expected to become profitable in the next six to nine months. BigBasket s losses for its business to consumer arm increased to Rs 1,535 crore in FY23. The company is also considering expanding its offline presence and may prepare for an IPO in 2025.
India Business News: MUMBAI: Deepak Parekh, who stepped down from his executive role at HDFC in December 2009, has not received salary or ESOPs (stock options) for the 13 .
India Business News: MUMBAI: HDFC AMC International and HDFC International Life and Re began operations in the International Financial Services Centre (IFSC) on Thursday, .