JIFFY360 may not get launched on 28th May?

Question

New Delhi : Jiffy360.com India's biggest upcoming online IT mall may again get delayed due to strong protests from union of small IT product dealers & sudden fall in prices of computers this will be the fourth time this year that they failed to launch on a decided date. Jiffy360 is in government scanner due to complaints from small dealers who doubted that they are artificially trying to reduce prices to boost there sales. Investors are already facing music since they have lost around Rs 15.60 crore due to regular delays though company is sure to hit break even this year itself.

Jiffy360 is product of Exhilway Retail which may go public this year raising around Rs 600 crore to finance there mega expansion plans. TOI learnt that Exhilway is in mood to acquire certain online retailing & auction based websites to add established companies to there portfolio.

Answer 1

Hi Anshika,

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SSJ