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 Goods and Services Tax (GST) Council, in its 46th meeting, decided to defer the proposed hike in tax rate for the textiles sector to 12 per cent from 5 per cent, which was to be implemented from January 1.