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UN postal agency to issue special Diwali stamp next month

Saturday, September 8, 2018, 11:52 AM

The UN postal agency will issue special stamps next month to commemorate the festival of Diwali. The United Nations Postal Administration will issue a New York special event sheet on October 19 to commemorate the Indian festival. Diwali is the joyous and popular festival of lights, which is celebrated in India and across the world by followers of many faiths, the UN agency said.
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Shopclues claims to reach break-even this holiday season

Friday, August 10, 2018, 5:58 PM

ShopClues CEO Sanjay Sethi claimed in an e-mail to employees that the e-commerce website expects to reach break-even during Diwali season and also raised about $16 million from existing investors this year. Sethi said the company's burn had gone below $0.5 million a month from $5.5 million in January 2017. The Gurugram-based firm has fired about 350 employees since 2017.

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