Singapore
Piyush Gupta will be appointed as non-executive chairman.
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Indonesia
Traveloka said the layoffs were limited to selected areas of the business.
India
SMBC acquired a 24% stake in the Mumbai-based lender last year.
MD Ashish Agrawal and investors Ishaan Mittal and Tejeshwi Sharma have exited the firm.
The unicorn’s ex-chief will be charged with alleged “falsification of accounts and forgery”.
The SoftBank-backed firm last cut jobs in March last year.
The index dropped over 8% on Wed and Thu, its steepest two-day decline since Apr.
Around 220 employees were fired across the business, operations, and support teams.
Goyal to take on the role of vice chairman.
Rastogi was most recently the group finance chief of property developer Puravankara.
