Retail News Round Up_Dec 16,2015

Retail News :

  • Myntra plans roadshows in US, Europe to lure global fashion brands
  • Food regulator FSSAI proposes tougher regulations for food importers
  • Snapdeal launches multi-lingual mobile interface in Hindi and Telugu
  • BigBasket plans to use electric cars to deliver products in Delhi
  • Amazon leads 150cr fund infusion in local services startup Housejoy
  • Gujarat spice maker Ramdev Food Products set to foray into snacks business

  • With an eye on customer base, GoZefo to now offer guaranteed buyback option
  • Tata Group set to crowdsource ideas for new watches, maybe even cars
  • Odd-Even Formula Inspires Uber To Launch Car Pooling Service In New Delhi & Aims To Tap 27 Lakh Private Cars
  • Sony LIV to offer carrier billing in partnership with Fortumo
  • Micromax To Invest Rs 300 Crore And Set Up New Manufacturing Units In India #MakeInIndia
  • India’s Centralized Monitoring System will launch before end of March 2016
  • Infosys invests $3M in wearables technology firm Whoop

 

Today’s Wealth Mantra !

“Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.”

-George Soros

 

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