Tag: HUL

Retail News Round Up_March 18,2016

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Retail News :

  • DLF sells Saket shopping mall to subsidiary for Rs904 crore to streamline and monetize its existing assets Livemint
  • Kotak Mahindra Capital and ICICI Securities exit Infibeam IPO over pricing disagreement
  • Statistics Ministry planning to include ecommerce in calculation of CPI
  • Flipkart arm Ekart ties up with Apollo Pharmacy for delivery and pickup services
  • Nike unveils its first self-lacing sneaker
  • Kalyan Jewellers to open 7 showrooms in Qatar
  • HUL sells off its rice brands to LT Foods
  • Xiaomi goes Apple way, seeks 30% local sourcing relaxation in retail application
  • Amazon Was In Talks With Flipkart for a Possible Acquisition
  • HDFC Bank Launches SmartUp – A Banking Solution Specifically For Startups
  • Paytm targets seller base of 5 lakh by FY17-end
  • Mobikwik goes hyperlocal, launches ‘Explore Nearby ‘

 

“Plenty of people miss their share of happiness, not because they never found it, but because they didn’t stop to enjoy it.”

– William Feather

 

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Retail News Round Up_ Jan 16,2016

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Retail News :

  • HUL Q3 net slips 22% at Rs 971.40 crore but dividend may rise
  • Tata Housing may tie up with Amazon for online property sale
  • Jewellers plan candle march to protest against PAN number rider
  • SBI partners Snapdeal to offer loans to ecommerce sellers
  • Wal-Mart merges tech teams in online push
  • Craftsvilla plans to offer video buying for online shopping

  • Manpasand Beverages ties up with Germany’s Metro Cash & Carry
  • General Electric to sell appliances business to Haier for $5.4 billion
  • PM Narendra Modi to unveil startup action plan today as a major breakthrough for entrepreneurship in India
  • Government to provide simple tax regime, easier norms for startups
  • Kerala to encourage startups in the manufacturing and processing sector
  • Paytm To Launch ‘Sound Pay’ For Money Transfers Through Ultrasonic Sound Waves
  • Amazon Launches Exam Central in India; A Bookstore for Competitive Exams
  • Amazon Starts Deliveries on Bicycles in India. Pilot Project Live in 5 Cities

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“The difference between winning and losing is most often not quitting.”

-Walt Disney

 

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Today’s M & A Deals_Dec 18,2015

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M & A Deals :

  • HUL buys Indulekha, Vayodha brands for $49.8M
  • Electric bike firm Ampere raises funding from Kris Gopalakrishnan, others
  • Logistics startup Rivigo raises $30M from SAIF Partners, others
  • Focus Digit gets angel funding from Turning Ideas
  • Renting portal for designer wear STAGE 3 raises angel funding
  • Edu-tech startup Springboard raises $1.7M in seed funding
  • Canbank VC invests $3.7M in pre-clinical research firm Bioneeds
  • Oyo Rooms set to acquire rival Zo in all-stock deal
  • Myntra’s ex-COO launches venture to analyse fashion trends

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_Sep 14,2015

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Retail News :

  • Ratan Tata invests undisclosed amount in Zivame
  • Paytm plans to start Indias first payments bank
  • McDonald’s India to double outlets with Rs 750 crore investment
  • HUL to bring back Ayush with its first exclusive e-commerce launch
  • HCL’s Shiv Nadar, Sanjay Kalra set up $500 mn fund to buy US healthcare technology firm and invest in startups