GST, demonetisation reset India’s FMCG distribution business in 2017

Dual disruptions caused by demonetization and the implementation of the Goods and Services Tax (GST) have permanently changed the way India’s largely unorganized and fragmented consumer goods distribution network operates. Distributors are struggling with a higher compliance burden and associated costs and have trimmed inventory levels, according to industry executives and distributors. While discontinuation of […]

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India’s domestic air passenger traffic rises over 12% in July

India’s domestic air passenger traffic grew by over 12% in July, a global airline association said on Wednesday. According to the International Air Transport Association’s (IATA) global passenger traffic data for July, India’s domestic demand — revenue passenger kilometres (RPK) — was the second highest amongst major aviation markets like Australia, Brazil, China, Japan, Russia […]

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IIT Kharagpur to open ‘India’s first’ genomics lab

With an aim to teach students the basic life science techniques and let them execute experiments, the Indian Institute of Technology (IIT) Kharagpur has started a facility for a genomics laboratory. Now, students from all engineering branches of the institute can benefit from the lab which will be open 24×7. Second year students will access […]

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Amazon India’s International Deals Day: Offers on Pebble Smartwatches, Bose Headphones, and More

HIGHLIGHTS Pebble, Fitbit and Jawbone are some International brands available The International Deals Day is for limited period Some notebooks are also available under the offer Amazon India is holding International Deals Day on Wednesday where consumers can get discounts across various electronic products. Some of international brands available under Amazon’s International Deals Day include […]

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