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Issue 113     01 - 08 Nov '16    News Archive
Hot News

GST to be reality in 2017, from September if not April: UBS

The assessment is based on the meeting with policymakers, tax/logistics experts and retailers as part of its two-day GST trip to Mumbai and Delhi. According to the report, the proposed slabs of 6, 12, 18, 26 per cent will imply a uniform tax rate on a single product or service across India.

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Logistics News

States to deliberate on ways to improve logistics infra

"The Group of Ministers (GoM) (from states) is scheduled to meet at Thiruvananthapuram in Kerala this week to deliberate on crucial issues like how to improve freight transportation and bring wide-spread changes in the transport sector," a road transport ministry official said.

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M&A News

Logistics M&A activity in Asia and Australia driving global deal-making in 2016

Asia and Australia were at the forefront of M&A activity in transport and logistics in the third quarter. With 28 deals totalling $17.6bn, Asia and Australia accounted for more than half of M&A activity by volume - and, year-to-date, seven of the top ten deals.

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Business News

Warburg Pincus bets `500cr on logistics co Rivigo

Gurgaon-based logistics technology startup Rivigo has scored a cheque of $75 million or Rs 500 crore led by private equity major Warburg Pincus at a time when there's been a drastic cut back in growth stage funding this year.

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About WebXpress

We are a technology company, transforming the E-commerce and Logistics world since 2004 with our breakthrough software solutions. With focus on Mobility, IoT, Cloud & Analytics, we offer real-time intelligence to over 60 companies and 10,000 plus users everyday.

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