28.1 C
Indore
Monday, September 29, 2025
Home Gadgets Tata Digital seeks CCI approval to acquire BigBasket

Tata Digital seeks CCI approval to acquire BigBasket


Bengaluru: Tata Sons Pvt. Ltd. plans to purchase a majority stake in Alibaba Group Holding Ltd.-backed online grocery vendor BigBasket, a submitting with the Competitors Fee of India () confirmed on Friday.

The
Tata-BigBasket deal, if appproved, would put the conglomerate in direct competitors with Amazon, Walmart’s Flipkart and Reliance Retail‘s JioMart, backed by billionaire Mukesh Ambani.

Within the submitting with the CCI , Tata Digital Ltd., a completely owned unit of Tata Sons, proposed to purchase 64.3% of an entity that runs business-to-business gross sales for BigBasket. The Financial Occasions
had previously reported that Tata Group goals to take management of greater than 60% of BigBasket, shopping for out Alibaba’s stake.

The proposal comes as e-commerce gross sales, particularly of meals and groceries, have exploded in India because the Covid-19 pandemic spurred a shift to on-line purchasing.

BigBasket’s rivals are anticipated to spend closely on the e-grocery enterprise.

Additionally Learn:
Tata Digital in initial talks with Just Dial for e-commerce play

Flipkart has introduced plans to develop to extra Indian cities, whereas Jio Platforms, Reliance’s digital unit which is more likely to help its grocery service, has raised greater than $20 billion from traders together with Fb and Alphabet Inc.’s Google.

/* Person Identification Code Begin */
attempt {
var _tiluuid = localStorage.getItem(‘_tiluuid’);
if (_tiluuid === null) {
operate receiveMessage(evt) {
if (evt.origin === ‘https://tilanalytics.timesinternet.in’) {
_tiluuid = evt.knowledge;
localStorage.setItem(‘_tiluuid’, _tiluuid);
}
}
window.addEventListener(‘message’, receiveMessage, false);
if(doc.getElementById(“_tiluuid_frame”)) {
doc.getElementById(“_tiluuid_frame”).src=”https://tilanalytics.timesinternet.in/frame_v3.min.html”;
}
}
} catch (e) {}
/* Person Identification Code Finish */

var urlParams = window.URLSearchParams && new URLSearchParams(window.location.search),
optParam = urlParams.get && urlParams.get(‘decide’);

var objSec = {template: ‘articleshow_main’, msid:’81471613′, secNames: [‘tech’,’startups’],secIds:[‘2147477890′,’13357270′,’78570540’]};

var tmplName = tpName=”articleshow_main”,lang = ”,nav_sec1,newHookId,subsec1_value,subsec1_common = ‘13357270’,newHookId2,subsec2_value,subsec2_common = ‘78570540’;

var objVc = {version_on:’20210312231922′,js_etsubscription:’1′,js_onboarding_popup_sh:’7′,js_comments:’111′,js_googleslock:’782′,js_googlelogin:’56’,js_common_buydirect:’749′,js_bookmark:’18’,js_articleshow_main:’48’,js_login:’50’,js_datepicker:’2′,js_electionsmn:’22’,js_push:’54’,css_buydirect:’14’,js_tradenow:’19’,js_commonall:’138′,lib_login:’https://jssocdn.indiatimes.com/crosswalk/jsso_crosswalk_legacy_0.5.9.min.js’,live_tv:'{“onoff_flag”:”0″,”platform”:”desktop”,”sections”:[“1977021501″,”1715249553″,”13352306″,”5575607″,”837555174″,”359241701″,”13357270″,”107115″,”897228639″,”7771250″,”1466318837″],”pages”:”all”,”auto_open”:”1″,”default_tv”:”1″,”timePeriod”:{“showTimeFlag”:false,”fromTime”:””,”toTime”:””}}’,global_cube:’0′,global_cube_wap:’0′,global_cube_faces:’2′,global_cube_fullad:’0′,global_cube_landingon:’sensex’,global_cube_wap_url:’https://m.economictimes.com/iframe_cube.cms’,site_sync:’0′,adx:’1′,amazon_bidding:’0′,js_newsltrpopup:’120′,nlExpiry:’864000′,nlReloadExpiry:’30’,fan_ads:’0′,plan_on_paywall:’0′,planEntryPointCache:’1′,trackAdCode:’0′,ajaxError:’1′,oauth:’oauth’,planPage:”https://economictimes.indiatimes.com/plans.cms”,planPageTest:’https://economictimes.indiatimes.com/plans.cms’,subscriptions:’subscriptions’,krypton:’kryptonp’,apw:’apw’,nlSubscribe:’etsub3′};
if(window.location.host == ‘economictimes-pp.indiatimes.com’) {
objVc.oauth=”oauth-pp”;
objVc.krypton = ‘krypton-pp’;
objVc.subscriptions=”subscriptions-pp”;
objVc.apw = ‘apw-pp’;
}
var objDim = {d52:’nature_of_content’,d96:’continuous_paywall_hits’,d95:’monthly_article_count’,d10:’user_login_status_hit’,d54:’content_shelf_life’,d98:’daily_paid_article_count’,d53:’content_target_audience’,d97:’monthly_paid_article_count’,d12:’tags_meta_keyword’,d56:’degree_of_conten’,d11:’content_theme_the_primary_tag’,d55:’content_tone’,d14:’special_coverage’,d58:’et_product_item’,d13:’article_publish_time’,d16:’video_embed’,d15:’audio_embed’,d59:’show_paywall_final’,d61:’paywall_probability’,d60:’paywall_score’,d63:’paid_articles_read’,d62:’eligibility_paywall_rule’,d65:’bureau_articles_read’,d20:’platform’,d64:’free_articles_read’,d23:’author_id’,d67:’loyalty’,d66:’article_length’,d25:’page_template’,d24:’syft_initiate_page’,d68:’paywall_hits’,d27:’site_sub_section’,d26:’site_section’,d29:’section_id’,d28:’prime_deal_code’,d70:’us_election_2020′,d72:’paywall_experiment’,d71:’plan_group_id’,d32:’prime_article_read_before_syft’,d75:’watchlist_active_status’,d34:’content_age’,d33:’prime_article_read_before_success’,d36:’sign_in_initiation_position’,d35:’subscription_method_hit’,d37:’user_subscription_status’,d1:’et_product’,d2:’blocker_type’,d3:’user_login_status_hit’,d4:’company’,d5:’author_name’,d6:’cms_content_publishing_type’,d7:’content_personalisation_level’,d8:’article_publish_date’,d9:’sub_section_name’,d40:’freeread’,d45:’prime_hp_ui_template’,d47:’prime_hp_ui_content_b_color’,d46:’prime_hp_ui_content_size’,d49:’syft_initiate_position’,d48:’content_msid’,d92:’last_click_source’,d50:’signin_initiate_page’,d94:’daily_article_count’,d93:’internal_source’};var serverTime=”03.12.2021 23:21:25″;var WRInitTime=(new Date()).getTime();
(operate () {if (self !== high) {var e = operate (s) {return doc.getElementsByTagName(s)}; e(“head”)[0].innerHTML = ‘*{show:none;}’; setTimeout(operate () {e(“physique”)[0].innerHTML = ”; var hEle = e(“html”)[0]; hEle.innerHTML = ‘economictimes.indiatimes.com‘; hEle.className=””; high.location = self.location; }, 0);}})();

_log = window.console && console.log ? console.log : operate () {};
// Creating Parts for IE : HTML 5 and cross area checks
(operate () { var elem = [“article”, “aside”, “figure”, “footer”, “figcaption”, “header”, “nav”, “section”, “time”];
for(var i=0; i -1) { window[disableStr + ‘-‘ + gaProperty] = true; }

ga(‘set’, ‘anonymizeIp’, true);
ga(‘create’, gaProperty, ‘auto’, {‘allowLinker’: true});
ga(‘require’, ‘linker’);
ga(‘linker:autoLink’, [‘economictimes.com’]);
ga(‘require’, ‘displayfeatures’);
window.optimizely = window.optimizely || [];
window.optimizely.push(“activateUniversalAnalytics”);
ga(‘require’, ‘GTM-WV452H7’);
customDimension.dimension1 = “ET Free”;
customDimension.dimension4 = “Reuters”;

customDimension.dimension6 = “Native – 81471613”;
customDimension.dimension8 = “Mar 12, 2021”;
customDimension.dimension9 = “Startups”;

customDimension.dimension12 = “Tata-BigBasket deal,Amazon,BigBasket,Reliance,Jiomart,Reliance Retail,Flipkart,tata digital,CCI,On-line grocery”;
customDimension.dimension13 = “09:55 PM IST”;

customDimension.dimension15 = “No”;
customDimension.dimension16 = “No”;

(operate () {
var a = window.localStorage && localStorage.getItem(‘et_syftCounter’) || ”;
a = a && JSON.parse(a) || {};
if(a.beforeSyft && customDimension) {
customDimension.dimension32 = a.beforeSyft;
}
if(a.afterSyft) {
customDimension.dimension33 = a.afterSyft;
}
})()

var contentAge=”0.010243055555555556″;
if(contentAge) {
customDimension.dimension34 = contentAge > 2 ? ‘>48hs’:’= 0 && num -1 && grx_userPermission.indexOf(“cancelled_subscription”) > -1 && grx_userPermission.indexOf(“can_buy_subscription”) > -1) {
subsStatus=”Paid Person – In Trial”;
} else if(grx_userPermission.indexOf(“subscribed”) > -1) {
subsStatus=”Paid Person”;
b.classList.add(“prime_user”);
} else if(grx_userPermission.indexOf(“etadfree_subscribed”) > -1) {
subsStatus=”Advert Free Person”;
}
} catch (e) {}
} else {
grxDimension[objDim[‘d3’]] = ‘NONLOGGEDIN’;
}
if(subsStatus == ‘Free Person’ || subsStatus == ‘Expired Person’) {
b.classList.add(“free_user”);
}
grxDimension[objDim[‘d37’]] = subsStatus;
attempt {
if(window.localStorage && localStorage.getItem) {
var jString = localStorage.getItem(“jStorage”);
if(jString) {
var objJstorage = JSON.parse(jString), objProf = objJstorage[‘et_subscription_profile’];
for (var attrname in objProf) { grxDimension[attrname] = objProf[attrname]; }
}
}
}catch(e) {
console.log(‘Error profile Dimension’);
}
})()

grx(‘monitor’, ‘page_view’, grxDimension);

if(window.allowGdpr == 1 && (typeof skip == ‘undefined’ || typeof skip.fbevents == ‘undefined’)) {
!operate(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=operate(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.model=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, doc,’script’,
‘https://join.facebook.web/en_US/fbevents.js’);
fbq(‘init’, ‘338698809636220’);
fbq(‘monitor’, ‘PageView’);
}

var _comscore = _comscore || [];
_comscore.push({ c1: “2”, c2: “6036484”});

if(window.allowGdpr == 1) {
(operate() {
var s = doc.createElement(‘script’), el = doc.getElementsByTagName(“script”)[0]; s.async = true;
s.src = (doc.location.protocol == “https:” ? “https://sb” : “http://b”) + “.scorecardresearch.com/beacon.js”;
el.parentNode.insertBefore(s, el);
})();
}

if(window.allowGdpr == 1) {
(operate() {
operate pingIbeat()
if(typeof window.addEventListener == ‘operate’) {
window.addEventListener(“load”, pingIbeat, false);
} else {
var oldonload = window.onload;
window.onload = (typeof window.onload != ‘operate’) ?
pingIbeat : operate() { oldonload(); pingIbeat(); };
}
})();
}

}


Discover more from News Journals

Subscribe to get the latest posts sent to your email.

Most Popular

Kajaria founder delegates key managerial roles to sons Chetan Kajaria and Rishi Kajaria

Kajaria Ceramics founding Chairman & Managing Director, Ashok Kajaria, has determined to delegate his main duties to his sons, Chetan Kajaria and Rishi...

9/28: Sunday Morning

Hosted by Jane Pauley. Featured: The friendship between the Unabomber’s brother and considered one of his victims; Jennifer Lopez on “Kiss of the...

Access Denied

Entry Denied You do not have permission to entry "http://www.gadgets360.com/mobiles/information/samsung-galaxy-s26-series-lut-profile-professional-camera-feature-one-ui-8-5-leak-9362905" on this server. Reference #18.11623417.1759126768.2c33fc09 https://errors.edgesuite.web/18.11623417.1759126768.2c33fc09

Recent Comments