Retail News Round Up_March 14,2016

Retail news :

  • Allahabad HC slams UP tax department for taking out Rs 49 crore from Flipkart’s account using dubious means
  • Flipkart takes Uttarakhand to court for imposing 10 percent entry tax on goods purchased through e-commerce
  • After Patanjali, Kishore Biyani led Future Group may start selling Ravi Shankar’s Sri Sri Ayurveda products
  • Shopclues wants Momoe, eyes a bite of payment business

  • Paytm ties up with cinemas to sell tickets
  • Arvind sports to bring Cole Haan and Heatwave Shoes to India
  • Jewellery demand to rise to 670-685 tonnes in FY17
  • Himalaya eyes doubling men’s facewash market share to 12 percent
  • RIL arm to invest Rs 1,300 crore in Haryana for electronics hub
  • Xiaomi applies for single-brand retail stores
  • Canon eyes 10% growth in India this year
  • PayPal has joined hands with OYO Rooms to allow global consumers to pay
  • Quikar.com, India’s largest classifieds site today announced launch of Quikr Doorstep
  • Uber announced that it will be investing Rs 120 Crore in the state hariyana to improve its cab-hailing service and transportation network

“Don’t let the fear of losing be greater than the excitement of winning.”

-Robert Kiyosaki

 

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