India Digest: BigBasket eyes Kwik24 stake; Fotowatio to sell project

India Digest: BigBasket eyes Kwik24 stake; Fotowatio to sell project

Founding members of Bigbasket: VS Sudhakar, Vipul Parekh, Hari Menon, Abhinay Choudhari, and VS Ramesh. Photographer: Samyukta Lakshmi/Bloomberg

BigBasket is looking to acquire a majority stake in Kwik24 while solar power plant developer Fotowatio Renewable Ventures (FRV) is keen to sell its 100-MW project in India.

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