Swiggy’s shares rose after the company announced the incorporation of its new subsidiary Swiggy Sports Private Limited, approved by the Ministry of Corporate Affairs. The new entity will engage in sports team ownership, management, and other related activities. Swiggy’s share performance showed fluctuations over the past month.
Jio Financial Services to invest Rs 1,000 crore in Jio Finance
Jio Financial Services announced on Thursday that it has invested Rs 1,000 crore in Jio Finance, its wholly owned subsidiary. The investment was made through