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Indian Travel Industry
Indian Activity Travel Market (Domestic Travel Industry) is around $2 Billion in contrast to global market size, which is around $142 billion. “Online travel has the largest share in Indian e-commerce industry. According to an estimate, it will constitute 71% of the total ecommerce market of Rs 62,967 crore by the end of 2013. The…
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Bangalore Accounts for 31% of New Residential Units Launches Across India
The Economic Times: Aug 1, 2013 Over 10,500 residential units were launched in Bangalore in the second quarter of 2013, accounting for 31% of the total launches, says a Citi report. East Bangalore registered the highest number of, followed by northern submarket and south-east Bangalore. “Healthy demand from IT population resulted in developers preferring these…
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Upper House passes New Companies Bill into Law
The much-awaited Companies Bill aimed at protecting the interest of employees and small investors and introduced in the Rajya Sabha on Wednesday, amid much din was passed on Thursday. The much-awaited Companies Bill aimed at protecting the interest of employees and small investors and introduced in the Rajya Sabha on Wednesday, amid much din was…
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Herbal Supplements and Cosmetics
The Market of “Herbal Supplements” is witnessing a steady growth since the last decade mainly due to the growing awareness among the consumers of the effect of consuming synthetic supplements. Herbal supplements market was not even affected by the financial meltdown even during 2009-10. Some of the major factors driving the market for global supplements…
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Tourist Traffic Hit Due to Uttarakhand Floods
85% Fall in Tourist Traffic in UttaraKhand due to Floods The June flood disaster in Uttarakhand has badly hit the tourism, the largest employment providing sector in the hill state, causing a steep fall of 85 per cent in tourist traffic. Destinations like Jaipur, Agra, Udaipur and MountAbu have benefited the most with travellers making…