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Business

mjunction targets 25% growth in FY23

By Sirshendu PanthKolkata: India’s largest business-to-business (B2B) e-commerce company mjunction services limited is targeting a 25 per cent growth in FY23 after closing the previous fiscal with its best topline since inception.The company’s bottomline had also jumped more than...

Musk files suit against Twitter’s bid to fast-track trial

Washington: Tesla CEO Tesla Musk has formally responded to Twitter's lawsuit and urged the court to reject the social media firm's request for a short trial in the next two months.The Washington Post quoted Musk as arguing on Friday...

Wage revision: GI Companies employees to go on strike tomorrow

Hyderabad: Officers & Employees working in Public Sector General Insurance Companies will observe a one-day nationwide strike on Friday demanding settlement of wage revision due from August 1, 2017.The officers and employees working in United India, National, Oriental, and...

India’s June wholesale inflation eases to 15.18 pc

New Delhi: India's wholesale inflation eased to 15.18 percent in June 2022 from 15.88 percent in May, the data released by Commerce and Industry Ministry showed on Thursday.The wholesale price index (WPI) based inflation was 12.07 percent in...

Assymetric working capital utilization may impact inflation trajectory: SBI

Kolkata: Geopolitical challenges are posing asymmetric working capital utilization across sectors, and could have a direct bearing on the country's inflation trajectory in the second half of the current fiscal, according to a State Bank of India research...

Intl passenger traffic continues to remain strong in June 2022: ICRA

New Delhi: International passenger traffic continued to remain strong in June 2022, rating agency ICRA said on Thursday.Subsequent to the resumption of international commercial operations from March 27, 2022, after a ban of two years, international passenger traffic...

Prices of domestic LPG cylinders hiked by Rs 50

New Delhi: The prices of domestic cooking cylinders were hiked by Rs 50 across the country on Wednesday.The hike came into effect from today.According to price notification of Indian Oil Corporation (IOC), now a non-subsidised 14.2 kg cylinder will...

DGCA issues notice to SpiceJet

New Delhi: The Directorate General of Civil Aviation (DGCA) on Wednesday issued a show-cause notice to SpiceJet for failing to establish safe, efficient, and reliable air services."The reported incidents on aircraft operated by SpiceJet from April 1 till date...

Modi’s Navnirman lists on BSE SME Platform

Mumbai: Modi’s Navnirman Limited became the 378th company to get listed on the BSE SME Platform on July 6, 2022.The company came out with an initial public offering of 12,60,000 Equity Shares of Rs.10 each for Cash at...

Chennai Angels, VC invests Rs 2.93 cr in Degpeg

Chennai: The Chennai Angels (TCA), one of India’s foremost angel investment groups, today announced an investment of Rs. 2.93 crores along with Venture Catalysts in Degpeg, a Bengaluru-based live commerce platform.Degbeg enables brands, retail, commerce businesses, and influencers to...

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Manipur King calls for return of ‘lost territory’, Congress counters with historical facts

Imphal: Manipur’s Titular King, Maharaja Sanajaoba Leishemba, has urged the Indian government to explore the possibility of reclaiming Kabaw...