Retail News Round Up_Oct 17,2015

Retail News :

  • Aditya Birla Group launches fashion portal abof.com
  • Rel Retail to launch Lyf smartphones
  • Snapdeal to market Uttarakhand’s handicraft, handloom products
  • M&S expects 10-15% increase in sourcing from India
  • WalmartLabs to add hundreds of jobs in Bengaluru
  • Bombay Dyeing’s Rs 230 crore sale of textiles unit cancelled
  • FSSAI takes junk food off school menu

  • Reliance SmartCare allows users to recharge with tweets
  • Paytm now lets kirana stores, fast food joints etc accept payments through QR codes
  • CCI approves Alibaba’s 4.14% stake purchase in Snapdeal
  • TRAI orders telcos to pay consumers Re 1 in case of call drops from January
  • Bits Pilani Alumni Win Patent Infringement Case Worth $862.4 Million Against Apple
  • Homers.in secures seed funding