Cannibalization(marketing)

Market cannibalization is the negative impact of a company's new product on the sales performance of its existing and related products. It refers to a situation where a new product "eats" up the sales and demand of an existing product, potentially reducing overall sales, even if sales of the new product are increasing. This can negatively affect both the sales volume and market share of the existing product.

Stock keeping unit (SKU)

Inventory management is a necessary skill to avoid the scarcity of products in your store and maintaining the  ratio of supplied and demanded product.Stock keeping unit (SKU) , a simple code can help us in such a big task in an easy manner. Let's check how??


A SKU is a unique code consisting of letters and numbers that identify characteristics about each product, such as manufacturer, brand, style, color, and size.Each store or inventory can have it's own SKUs which could or could not be same. 


Some facts about SKUs

1.  A SKU is used to track inventory in your retail store. 
2.When accessed in your POS or accounting system, a SKU is a series of numbers that track unique information related to that product.
3. SKUs are not universal.  meaning that each retailer has its own set of SKUs for its merchandise. 
4.SKU numbers are often confused with the terms barcode or UPC. While a barcode can be used like an SKU but they are not the same.

Sahitya Akademi Award

Literary honor in India
Established in 1954
First Awarded in 1955
cash Prize: Rs. 100,000.
The plaque designed by the Indian film-maker Satyajit Ray.

Black Paint attack

The  activist and columinst Sudheendra Kulkarni faced a black paint attack on organizning the book launch of   former Pakistan foreign minister Khurshid Mahmud Kasuri.

The book name was Neither a Hawk nor a Dove: An Insider's Account of Pakistan's Foreign Policy.

Sudheendra Kulkarni :  Head of ORF (Observer Research Foundation), Former Director of PMO in 1999-2004 (for Atal Bihari Vajpayee).

Observer Research Foundation (ORF) is an independent think tank based in India. 

10 years of RTI

Under the provisions of the Act, any citizen may request information from a "public authority" (a body of Government or "instrumentality of State") which is required to reply expeditiously or within thirty days. The Act also requires every public authority to computerise their records for wide dissemination and to proactively certain categories of information so that the citizens need minimum recourse to request for information formally. 

It was commenced on 12th  October 2015.

Teesta Setalvad

Teesta Setalvad , Padmashree 2007 and the secretary of Citizens for Justice and Peace (CJP) was alleged to use the foreign fund as domestic fund. Her NGOs Sabrang trust License has been cancelled under Foreign Contribution Regulation Act (FCRA).

Liter of Light Project

Liter of Light is a global open source movement with the aim to provide an ecologically sustainable and free-of-cost source of interior light to rooms in simple dwellings with a thin roof. The device is simple: it is a transparent 1.5-2l plastic bottle, as typically used for carbonated drinks, filled with water plus a little bleach to inhibit algal growth, fitted through the roof of a house. During daytime the water inside the bottle refracts sunlight, delivering about as much light as a 40- to 60-watt incandescent bulb to the interior. A properly installed solar bottle can last up to 5 years.

https://www.youtube.com/watch?feature=player_embedded&v=o-Fpsw_yYPg