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CaratLane recorded a turnover of Rs 2,177 crore for FY 2022-23, and the current transaction thus values the company at almost eight times its FY23 revenue. The deal is expected to be concluded on October 31, subject to approvals. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ZNsiw9c

The data of prices compiled by the consumer affairs ministry shows that tomatoes were selling at more than Rs 200 a kg across 31 centres on August 4 and the maximum price was Rs 257. But a fortnight later, on Friday, the retail price of the kitchen item was over Rs 200 only at two centres in Andaman and Nicobar Islands. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/7usJRQN

The latest step comes after official data showed retail inflation, as measured by the consumer price index, soared to a 15-month high of 7.4% in July, up from the previous month's 4.9%. PM Modi, in his I-Day speech, promised to control inflation and minimise the burden on citizens. from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/73XAl1g

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