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Business-to-business e-commerce player mjunction expects 33 per cent growth in revenues and profit, and projects expansion in gross merchandise volume at the same rate to touch ₹88,000 crore this fiscal.
mjunction is a joint venture of Tata Steel and state-run SAIL. mjunction had provided technical solution for the spectrum auction held in March 2015. The auction had fetched record bids of over ₹1.1 lakh crore to government. However, there was no auction of spectrum in 2015-16.
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