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).
The Union Cabinet chaired by PM Narendra Modi has approved the establishment of the National Land Monetization Corporation, it was first proposed by Finance Minister Nirmala Sitharaman in the Union Budget 2021-22.
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