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Retail News Round Up_Oct 07,2015

Retail News :

Any Move To Allow FDI In E-Commerce Will Be Opposed: CAIT
US Group: Put Alibaba Site Back On ‘Notorious’ Fakes List
Investors Get Chance To Diversify As Big Brands Like CCD And Indigo Owner Set To Enter Market
Grofers In Talks To Raise Rs 650 Crore; Softbank May Lead Latest Funding Round
Flipkart Launches Grocery Delivery App Flipkart Nearby

Arvind Targets Rs 250 Crore Revenue From Premium Brand Tresca In Five Years
Stalkbuylove Gets Funding From Ex-Rocket Internet CEO, Aecals Peter Kabel, Others
Tesco HSC Renamed Tesco Bengaluru
Tata Chemicals To Create New Brand For Food Portfolio
Licious, Grofers Partner To Scale Up Reach, Ensure Speedy Delivery
Naturally Yours Raises Funds From Angel Investor Sanjay Mehta
Consumer Durable Companies Like LG, Samsung Eye 30% Sales Growth On Festive Demand
Junior Dhoots Set To Transform Videocon From A Tech Follower To A Tech Leader
Godrej & Boyce Is Getting Sexier, In A Hurry
Adidas Indias Top Sports Goods Maker
Rajasthan Plans To Invest Rs 500 Crore In 500 Startups By 2020

Retail News :

Ray-Ban drags online marketplace Shopclues to Court for selling fake eyewear
Alibaba plans big for its India outing
E-portals’ names removed by Nikon; High Court disposes of case
Amazon is quietly testing a restaurant delivery service in bid to take on GrubHub
Waitlist for Flipkart Ping already at over 100K, says Punit Soni
Amazon India launches household supplies store as new category
Australian coffee chain Di Bella to invest Rs 33 crore to expand in India
Pepperfry books retail space on Mumbai highstreet
Kent to invest Rs100 cr to build new facility in Noida

M & A Deals :

Retail News :

E-commerce firms like Amazon, Flipkart, Paytm and others embark on a hiring spree
Ecommerce cos like Zomato, Yepme offer 200% more than offline brands to sign up Bollywood celebs
Paytm armed with a war chest of Rs 3,200 crore for acquisitions in e commerce space
Flipkart, Snapdeal report strong jump in sales
E-tailers like Flipkart, Snapdeal and others pitch for 4G for enhanced shopping experience
Zomato, TinyOwl and Swiggy in talks to raise about Rs 1,000 crore
Ecommerce firms like Paytm, Snapdeal to give credit score based on online purchases
Zomato seeking small stakes in food ordering start-ups abroad
MobiKwik aims to process $5 billion transactions in next 2 years
Flipkart crosses 150 million products sales mark
United States Food and Drug Administration clears Nestle’s Maggi
Indian Angel Network Invests Rs 10 crore in Wow!
China’s Alibaba to take $4.6 bn stake in retailer Suning
Xiaomi launches Redmi 2 Prime, first to be assembled in India; announces Foxconn tie-up
Smartphone-driven sales to grow to 40 million by 2016

Retail News :

Shoppers Stop To Set Up Its Own Store On Snapdeal
Emami Raises Rs 950 Crore For Kesh King Buy
Russian Billionaire Yuri Milner Seeks Startups’ Awareness For Alien Search Project
GAS Expects India To Be Among Its Top 3 Markets In World
Youwecan Ventures Invests Rs 4 Crore In Master Franchisee Of Fast-Food Chain Carls Jr
Klozee, Which Allows Users To Rent Premium Apparel, Raises Seed Funding From Tracxnlabs
Alibaba Inks Exclusive Tie-Ups With Global Brands To Sell In China
Ezetap Mobile Solutions Raises Rs 150 Crore From Silicon Valley’s Social+Capital Partnership
Amazon India Opens Third Customer Service Facility In Pune
Postal Department To Help Farmers Sell Their Produce Online