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Flipkart Minutes Crosses 1,000 Micro Fulfilment Centers in Under Two Years

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Orders grow 5X from the previous year as the network expands across 130+ cities and 8,000+ pincodes Tier 2 and Tier 3 markets are driving growth with 42X scale as compared to last year, aided by new city and store expansion Gen Z emerges as the fastest-growing customer cohort as quick commerce expands beyond daily essentials into 250+ categories Bengaluru, June 24, 2026: Flipkart Minutes, the quick commerce offering from Flipkart, India's homegrown e-commerce marketplace, has scaled to 1,000 micro fulfilment centers across 130+ cities and 8,000+ pincodes, a milestone achieved in under two years since its August 2024 launch. Orders on the platform have grown 5X since the network expansion. This growth is being powered by two forces shaping the next phase of quick commerce in India: Gen Z consumers adopting quick commerce as a high-frequency shopping habit, and Bharat markets where Tier 2 and Tier 3 cities have recorded 42X scale compared to last year, as quick commerce transitions f...
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Advit Jewels Limited IPO Receives Massive Response, Subscription Crosses 44 Times on Day 2

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Non-Institutional Investors Portion Subscribed 121 Times on Day 2   Mumbai, June 24, 2026 : The Initial Public Offering of Advit Jewels Limited was subscribed 44.16 times on the second day of bidding, demonstrating strong demand from qualified institutional buyers (QIB), retail and non-institutional investors for this IPO. The issue received bids of 36,99,90,300 equity shares against the offered 83,79,300 equity shares, according to data available on the stock exchanges. Non-institutional Portion and Retail portion were subscribed 121.16 and 35.46 times, respectively. Qualified Institutional Buyers was subscribed 1.56 times. The issue kicked off for subscription on Tuesday, June 23, 2026, and will close for subscription on Thursday, June 25, 2026 . Leading brokerage firms like Anand Rathi, Marwadi Financial Services, SBI Securities and SMIFS Limited have given their “Subscribe” recommendation to Advit Jewels Limited, which is a Jaipur-based manufacturer and seller of traditional a...
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BharatBenz joins Government of India scheme for replacement of old trucks and buses in Delhi-NCR

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Signs Memorandum of Understanding (MoU) with the Ministry of Road Transport & Highways (MoRTH) To provide an 8 per cent discount on the ex-showroom price of eligible trucks and buses purchased under the scheme New Delhi, India – Daimler India Commercial Vehicles (DICV), a wholly owned subsidiary of Daimler Truck AG, has signed a Memorandum of Understanding (MoU) with the Ministry of Road Transport & Highways (MoRTH) under the Government of India's scheme for the replacement of old trucks and buses in the Delhi-NCR (National Capital Region) The scheme is approved by the Union Cabinet chaired by Prime Minister Shri Narendra Modi. It is funded through the National Capital Region Planning Board (NCRPB) under the Ministry of Housing and Urban Affairs (MoHUA) and implemented by the Ministry of Road Transport and Highways (MoRTH) and Ministry of Petroleum and Natural Gas (MoPNG). It aims to accelerate fleet modernisation, reduce vehicular emissions, and promote the adoption of cl...
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Advit Jewels Limited IPO Subscribed 11.18 Times on Day 1 of IPO

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NII Portion Subscribed 23.73 Times on Day 1   Mumbai, June 23, 2026 : The Initial Public Offering of Advit Jewels Limited was subscribed 11.18 times on the first day of bidding, demonstrating strong demand from qualified institutional buyers (QIB), retail and non-institutional investors for this IPO. The issue received bids of 9,36,73,100 equity shares against the offered 83,79,300 equity shares, according to data available on the stock exchanges. Retail Portion and Non-institutional portion were subscribed 11.55 and 23.73 times, respectively. Qualified Institutional Buyers was subscribed 1.11 times. The issue kicked off for subscription on Tuesday, June 23, 2026 , and will close for subscription on Thursday, June 25, 2026 . A day before the opening of the issue, Advit Jewels Limited had raised Rs 49.52 crore from anchor investors. Leading brokerage firms like Anand Rathi, Marwadi Financial Services, SBI Securities and SMIFS Limited have given their “Subscribe” recommendation to A...
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