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…
IndiaMART To Raise Stake In Mobisy With INR 14.3 Cr Investment
IndiaMART announced plans to raise its stake in Mobisy Technologies by investing ₹14.3 crore. This move is part of the company’s strategy to strengthen its position in the B2B commerce sector by expanding its portfolio of investments. Mobisy Technologies specializes in supply chain and retail solutions, and the increased stake is expected to bolster IndiaMART’s capabilities in these domains. This development reflects the growing trend of strategic investments among Indian corporates to enhance competitiveness and diversify revenue streams. It also underscores the importance of collaboration and synergies in achieving sustained business growth. The deal highlights the role of targeted investments in driving innovation and leveraging technological advancements in the B2B marketplace.