2020
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Reliance Industries
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Tata Group
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Indian Oil Corporation
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Hindustan Petroleum Corporation
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Detailed explanation-1: -Tata Group closes in on deal to buy 80% stake in online grocer BigBasket.
Detailed explanation-2: -We are delighted to welcome BigBasket as a part of Tata Digital.” At the time of the deal, BigBasket had also received a primary capital infusion of $200 Mn at a post-money valuation of $2 Bn. So, the fresh investment makes it the second instance when Tata Digital opened its cheque book for BigBasket.
Detailed explanation-3: -Tata Digital has acquired a majority stake in online grocery BigBasket, a deal that pits the country’s largest conglomerate against entrenched e-commerce players.
Detailed explanation-4: -Tata-owned BigBasket enters offline grocery, will invest up to Rs 400 cr | Business Standard News.
Detailed explanation-5: -Tata Group’s digital arm Tata Digital Ltd would acquire Big Basket for a value of Rs.