Over 1 lakh carats of rough diamonds with a transaction value of INR 110 Crores have been eAuctioned by mjunction for a PSU mining company. A significant development amidst the global slowdown in diamond industry, the eAuction process has successfully overcome the challenges in the gem and jewellery sector. Speaking on...

In its endeavor to make its existing processes better to provide timely and transparent distribution of foodgrains to a 4000-strong buyer base across India, the country’s largest stockholder of foodgrains, Food Corporation of India, chose mjunction to auction foodgrains for two years beginning April 2017. The country...

mjunction services limited, India’s largest B2B eCommerce company,successfully conducted yesterday an eAuction for commercial papers (CPs) worth Rs 700 crore for Steel Authority of India Limited (SAIL). For SAIL, this was a significant step towards adopting a business practice that is completely technology-driven, an...

mjunction services limited, who have been selected by DoT for conduct of eAuction of telecom spectrum, have successfully conducted the auctions for the second time in a row. The auction which continued for 5 days, from 1st of October to 6th of October, has brought an overall 3.35% appreciation in auction value over the...

Mr Vinaya Varma, 47, today took over as the Chief Executive Officer (CEO) of Kolkata-based mjunction services limited, a joint venture of Tata Steel and SAIL, and India’s leading B2B eCommerce company. Mr Varma has served the company for the last 15 years since its inception in 2001, and his last held position in the...