We were never in discussions for merger with BigBasket: Grofers

Online grocery firm Grofers has denied holding merger talks with larger rival BigBasket, saying “just one meeting about business” last year between the two had been blown out of proportion. Grofers founder and Chief Executive Alibinder Dhindsa said the company is focusing on growing its business as the online grocery…

Banking Sector Stares At Additional Rs. 40,000 Crore NPAs

New Delhi: The banking sector fears accretion of more than Rs. 40,000 crore of bad loans to its books following recent classification of eight consortium accounts of Axis Bank as non-performing assets by the RBI. The Reserve Bank has directed certain reclassifications in the private sector lender’s asset classification and…

Punjab National Bank Q2 Profit Beats Estimates, Shares Surge

State-run Punjab National Bank, the country’s fourth-biggest lender by assets, reported a 2 per cent rise in second-quarter profit, beating forecasts. Its shares rose over 5 per cent to Rs. 208 at day’s high. Net profit rose to Rs. 561 crore for the quarter ended September 30, from Rs. 549…

Abner Norman coming to Small Business Saturday

That’s the Small Business Saturday motto, and on Saturday, cities across the country will recognize the annual event by celebrating the local joints, mom-and-pop shops and one-of-a kind restaurants that have created so much character and economic impact in the communities that claim them. But The Norman Chamber of Commerce…

#ShopSmallCelina: Local shops prepped for Small Business Saturday Nov. 25

This Thanksgiving weekend, shoppers are encouraged to make a positive impact on the community by shopping or dining at your favorite local places on Nov. 25 during Small Business Saturday. In 2010, American Express launched an effort to support local businesses and community with Small Business Saturday taking place the…

Small business aims big

Hundreds of shoppers will flock to big box stores to take advantage of Black Friday deals this weekend, but small, local businesses say do not forget about them. About 15 area local businesses will be participating in Small Business Saturday this upcoming Saturday. Small Business Saturday is a yearly event…