Reliance Capital CEO Dhananjay Tiwari resigns
NEW DELHI: Reliance Capital Ltd on Wednesday said its chief executive officer Dhananjay Tiwari has resigned. The date of his cessation is March 15, 2022, the company said in a regulatory filing, without citing the reason for Tiwari’s resignation. The debt-laden company promoted by Anil Ambani is undergoing a corporate insolvency resolution process (CIRP) at […]
Zomato to provide $150 million loan to Grofers India, buy stake in Mukunda Foods
NEW DELHI: Online food delivery platform Zomato on Tuesday said its board has approved granting a loan of up to USD 150 million (around Rs 1,145 crore) to digital grocery shopping player, Grofers India Pvt Ltd (GIPL). The board has also approved acquisition of 16.66 per cent take in food robotics and automation firm, Mukunda […]