Reliance Retail Ventures Limited(RRVL), the retail unit of Reliance Industries Limited (RIL) has acquired a 54% stake (majority stake) in Addverb Technologies Private Limited, a Noida based robotics startup, for USD 132 million (~Rs 983 crore).
Bank of Maharashtra has partnered with Mahagram (a fintech company) to roll out the 'Bank Sakhi' project in Odisha. Mahagram would provide the Bank of Maharashtra with financial technology and infrastructure support to augment rural financial inclusion.
Bajaj Allianz General Insurance has extended the tenure of its current managing director & chief executive officer (MD & CEO) Tapan Singhel for another five years.
EXAMIANS