Retail news Round Up_Feb 02,2016

Retail news :

  • Baba Ramdev accuses HUL and Nestle for conspiring against Patanjali
  • Flipkart to offer its logistics services to third-party e-commerce firms
  • China economy is going to be just fine, says Alibaba
  • GST, competitive logistics, e-mandis and food processing parks may integrate to sell daal at Rs 20/kg and mangoes at Rs 10/k
  • Craftsvilla.com finds the logic in Sendd buy, values company at $5 million

  • Snapdeal partners EESL to sell LED bulbs
  • These startups will provide direct connect between retailers and customers
  • Vatika Group to invest Rs 100 crore for 200 ‘Nukkadwala’ restaurants
  • LeEco to sell subsidised Le 1s smartphone on Flipkart tomorrow
  • Emami expects to start Guwahati plant in October
  • Sequoia closes $920m fund, largest by any VC for India
  • VIP Industries Q3 Net rises 32.94% at Rs 11.3 crore
  • Govt plans 20 textile parks to boost industry
  • Myntra Plans US Expansion, Sets Up Myntra Inc Subsidiary!
  • Reliance Jio LYF 4G Smartphones Available via Grofers; Moto X Force Spotted on Amazon India Before Launch
  • Very Soon Govt to Allow Cinema halls, Restaurants, Shops, Banks To Be Open 24X7

 

“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

 

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Retail News Round Up_Dec 18,2015

Retail News :

  • Freshdesk buys user engagement platform Konotor
  • Cabsguru raises angel funding; launches a bot to book cab rides
  • IRCTC passengers can now use Paytm to pay for food ordered online
  • Flipkart’s top shopper in 2015 is single, male and works in an office
  • K Sera Sera & United Mediaworks merge
  • Blubirch secures $2M from Chicago Capital Ventures & other investors
  • Spencer’s Retail to enter ecommerce with Meragrocer acquisition
  • HUL to buy Indulekha for Rs330 crore
  • PepsiCo to launch fastest growing snacks Doritos next week
  • Jabong launches UK-based brand Missguided
  • com to launch ten experience centers by March 2016

Today’s Wealth Mantra !

“Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market.”

-Ron Chernow

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Retail News Round Up_Dec 17,2015

Retail News :

  • Myntras Ex-COO Ganesh Subramanian sets up data-driven technology firm to track fashion trends
  • IRCTC ties up with Paytm for e-catering payments
  • Craftsvilla.com to launch ten experience centers by March 2016
  • Quikr breaks language barrier, goes vernacular
  • STC plans to foray into e-commerce space in 6 months
  • Adidas mulls ‘alternatives’ to sponsoring FIFA

  • Burman family of Dabur Group enter realty buisness in London, Miami
  • Ubiquitous Foods secures an undisclosed amount in funding from Kalaari Capital
  • Devyani International pvt ltd.’s Ravi Jaipuria set to enter dairy business
  • Daikin plans to invest Rs 900 crore in second unit
  • Sweden’s Blueair aims to boost retail network by March 2016
  • PAN Card Now Mandatory For All Transactions Above Rs 2 Lakh
  • Ola’s ride sharing service launches in Delhi NCR with all CNG vehicles

 

“Big Data sometimes gets a bad rap from over use and vendor hype. But if you think there is nothing new about Big Data you are mistaken.” — Todd Michaud, Founder and CEO of Power Thinking Media

 

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Retail News Round Up_Nov 24,2015

Retail News :

  • Titan joins hands with HP to launch smart watches
  • CAIT launches e-lala.biz, enters ecommerce space
  • Price comparison app ShopInSync raises angel round from top Yahoo execs
  • Craftsvilla.com sets aside Rs 65 crore to acquire startups to enhance customer experience
  • Tod’s to buy Roger Vivier brand for 415 million euros

  • Luxury chocolate brand Al Nassma enters India, retails through KIAB
  • Lulu Group in final stages of starting operations in Malaysia
  • Askme launches YouTube series dubbed The Quirk Action
  • LG signs up with Korean credit card companies for its payments service
  • MSM ties up with Red Chillies to co-produce digital & other content
  • Indian Express Group invests in Envoged, PayMango, Mr Homecare & Spiral Content
  • Facebook launches a messenger for enterprises called Work Chat

 

Today’s Wealth mantra !

“Financial peace isn’t the acquisition of stuff. It’s learning to live on less than you make, so you can give money back and have money to invest. You can’t win until you do this.”

– Dave Ramsey