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Issue 116    24- 30 Nov '16    News Archive
Hot News

4TiGO Pulls India Logistics Payments To The Cloud

Logistics company 4TiGO is looking to streamline B2B payments in its industry. The India-based startup said that it is rolling out a network to enable connections between logistics service providers and clients and that network will support the payments these companies make to each other.

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Logistics Article

This is one load that transporters don’t want India Inc to lighten

A demand slump and weakened purchasing power across sectors after the government’s shock demonetisation move has hit road transporters across the country and truck loads for the country’s top transporters such as Transport Corp of India has declined by 30 per cent-50 per cent.

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Industry News

Finance Ministry, Railways working on ways to cut logistics cost for exports

Industry Minister Nirmala Sitharaman said "I have very clearly stated that logistics costs are increasing and therefore, we are becoming less competitive We have asked different authorities at different levels. We have asked the Railways and the Finance Ministers to look into this. They are working on it".

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E-commerce News

GST law: E-commerce cos will have to deduct tax collected at source

E-commerce operators like Flipkart and Snapdeal will have to deduct TCS (tax collected at source) while making payments to their suppliers, according to the new model GST law, which has done away with the definition of 'aggregator'.

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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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