Retail News Round Up_March 22,2016

Retail news :

  • P&G now introduces six-month adoption leave for employees
  • India looks to widen ambit of Google Tax on internet companies
  • Patanjali to raise Rs 320 crore forR&D Financial Express
  • Infibeam’s Rs 450-crore IPO subscribed 21% on Day 1
  • L Capital Asia will not commit more funds to existing Indian investments
  • LG overtakes Bravia maker Sony in flat panel television sales
  • Paytm inks strategic deal with PVR, invests Rs 120 crore in online movie ticket market
  • Alibaba annual transaction volumes cross $463 billion
  • Online C2C marketplaces can close Indias consumption gap
  • Big jewellers begin to register with excise authorities
  • Woodland to roll out wearables, sports gear
  • Aditya Birla Group firm launches fabrics brand Liva
  • Reliance Industries in branding alliance with Tamil Nadu firm for Recron fibre brand
  • Licences of 9 food outlets suspended in Thiruvananthapuram
  • BigBasket now to deliver goods on electric vehicles
  • Paylo.in acquires in-restaurant payment app Ruplee
  • Samsung plans range of exclusive online products
  • Foxconn to reduce offer for Sharp by around $900 million
  • IKEA donates Rs 92 crore for safe water projects in India, Indonesia
  • Cookware brand Wonderchef to raise Rs 100 crore
  • BSNL Announces Rs 2000 Crore Modernization Drive; 3G & Rural Areas To Be Major Focus
  • Alibaba All Set To Enter Indian Ecommerce Market By End of 2016; Govt. Promises‘Full Support’

 

“Never doubt that a small group of thoughtful, committed, citizens can change the world. Indeed, it is the only thing that ever has.”

-Margaret Mead

 

current scheme

 

 

Today’s M & A Deals_Dec 16,2015

M & A Deals :

  • RP-Sanjiv Goenka Group close to making three acquisitions
  • ASK invests $54M in Rajesh LifeSpaces’ Vikhroli project
  • India.com to acquire startups in 2016
  • Astra Microwave raises around $9.5M via QIP
  • Cabsguru raises $200K from Paysense founder, others
  • Event Booking Startup, BookEventz Raises Angel Funding Led By Mumbai Angel
  • Digital media startup DealStreetAsia raises funding
  • Visual search engine startup Streamoid raises $1M
  • Wedding Services Marketplace, Weddingz Raises Rs 8.2 Crore In Pre-series A Funding
  • Aditya Birla Group lists 24 startups for incubation programme
  • Rainmaker Ventures floats $50M early-stage tech fund

 

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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