Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Reliance Retail Formally Writes Off INR 1,645 Cr Investment In Dunzo
Reliance Retail has formally written off its ₹1,645 crore investment in Dunzo. This move by the company is a significant development and signals a major shift in Reliance's investment portfolio. The write-off is a result of Dunzo's poor financial performance. This action by Reliance is a crucial reminder to all investors about the risks involved in venture investments.