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Zomato to provide Rs 1,145 crore loan to Grofers India, buys stake in Mukunda Foods

Zomato said in a regulatory filing that its board has delegated the authority to its senior management to decide the key terms of the loan and execute the definitive documents at a future date. Online food delivery platform Zomato on Tuesday said its board has approved granting a loan of up to USD ....

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Zomato to loan $150 million to Grofers India, pick up stake in Mukunda Foods

Zomato has also approved acquisition of 16.66 per cent take in food robotics and automation firm, Mukunda Foods Pvt Ltd.  ....

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Nifty, Sensex bounce back strongly – Wednesday Closing Report

On Wednesday, the indices opened gap up and ended with major gains. On the National Stock Exchange (NSE), 1,502 stocks advanced, 546 declined, and 58 remained unchanged with advance decline ratio of 2.75. ....

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