 "future retail, future group, big bazaar, bazar")
Zomato, online grocery company Blinkit in talks for a merger deal
Zomato and online grocery firm Blinkit (formerly Grofers) are in talks for a merger deal, according to sources aware of the development, even while the food delivery platform in a regulatory filing on Tuesday said it has extended a loan of $150 million to Grofers India. Sources say what is under discussion is a share-swap deal in which Blinkit would be valued at around $750-800 million. Read more
Amazon-Future case: After talks fail, lenders to FRL may approach NCLT, DRT
With Future Retail and Amazon failing to resolve
