BigBasket

Alibaba Group Holding Ltd (NYSE: BABA) is nearing a deal to sell its entire stake in Indian grocer BigBasket to the Tata Group, according to Indian daily The Mint. What Happened: The Tata Motors Ltd. ADR (NYSE: TTM) parent company is in advanced negotiations to buy up to 80...

In more trouble for the Chinese tech giant, Alibaba Group Holdings Ltd (NYSE: BABA)-backed Indian grocer BigBasket suffered a massive data breach affecting a million users, Bloomberg reports. The cyberattack comes a few weeks after another Alibaba-backed e-...