Retail News Round Up_Aug 20,2015

Retail News :

  • E-commerce generates $1.2 million revenue every 30 seconds
  • Snapdeal loss rises 5 times to Rs 1,350cr
  • Nikesh Arora to make Rs 3,150 crore personal investment in SoftBank
  • Lenovo launches A2010, India’s cheapest 4G smartphone for Rs 4,990
  • India’s Oldest Soft Drink Brand ‘Sosyo’ Aspires to go National
  • RBI gives in-principle nod to 11 applicants including RIL, Aditya Birla Nuvo & Airtel for payments bank licence
  • Mobile services spends may hit $21.4 bn in 2015
  • Ajay Bijli-led PVR Ltd acquires 70% stake in 4700BC Popcorn startup owner Zea Maize
  • Home Furnishing Portal BedBathMore to Invest Rs 128cr
  • Arvind Lifestyle ties with Shoppers Stop to launch US kids brand The Childrens Place
  • Turners Cartoon Network tied up with Warner Brothers to sell merchandise in India

 

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