Ratings and research firm Icra has estimated that India's economy will grow at 9% in FY22 and FY23 amid the uncertainty triggered by the Omicron variant of Covid-19.
Reliance Retail, the retail arm of Reliance Industries Limited, has acquired a 25.8% stake in the online delivery platform Dunzo by investing $200 million (around Rs. 1,488 crores).
The Indian Institute of Management Kozhikode's (IIMK) Business incubator Laboratory for Innovation Venturing and Entrepreneurship (LIVE) has signed a Memorandum of Understanding (MoU) with the Indian Bank to financially support early-stage startups.
EXAMIANS