India, April 24 -- Update | April 24, 2:20 PM

Hours after a report surfaced that the chief executive of Eternal's (formerly Zomato) food delivery business, Rakesh Ranjan, stepped down from his role, the company clarified that he has not tendered his resignation and still continues to be part of the leadership team.

"At Eternal Group, internal reshuffling of the leadership team is considered a standard practice as part of the company's ongoing efforts to optimise organisational effectiveness," the startup said in a statement.

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Original | April 24, 1:20 AM

The chief executive of Eternal's (formerly Zomato) food delivery business, Rakesh Ranjan...