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Retail News Round Up_Dec 30,2015

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Retail News :

• Housing.com begins stake sale talk with Snapdeal
• Adidas not facing shareholder pressure to sell Reebok
• Myntra to help large brands drive offline sales
• PVR Limited to add up to 70 screens in 2016 and keen on investing in South
• LG Display, Samsung Display to supply OLED screens for iPhones
• ASCI upholds complaints against 51 ad campaigns in October
• Doorstep beauty care emerging as top revenue generator for startups providing at-home services
• Amway Launches Their 1st Factory in India By Spending Rs 550 Cr

 

“Success is a lousy teacher. It seduces smart people into thinking they can’t lose”

– Bill Gates

 

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Retail News Round Up_Dec 21,2015

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Retail News :

  • Accel Partners sells fractional stake in Flipkart to Qatar Investment Authority for $100 million
  • Myntra takes on brick-&-mortar retailers with private brands
  • Van Heusen opens first digital store in Bengaluru
  • Rio Tinto, De Beers and other global miners to trade on Mumbais diamond centre
  • After a lull, Star Bazaar plans store expansion
  • Bisleri set to re-enter soft drinks space in 2016

  • How a small vegan community is trying to create thriving businesses in a dairy-obsessed India
  • 42 mega food parks worth Rs 2,000 crore to be set up in the country
  • Quikr adds Hindi translations among six other Indic languages
  • Reliance Jio to be launched on the 27th of December
  • The News Minute raises funding from Quintillion Media
  • WudStay launches paying guest feature

 

“It’s a misnomer to think of gamification as playing games. Gamification is a lot like shopping. It’s about insight.” – Karen Etzkorn, EVP and CIO of the Home Shopping Network

 

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Retail News Round Up_Dec 17,2015

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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_Dec 16,2015

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Retail News :

  • Myntra plans roadshows in US, Europe to lure global fashion brands
  • Food regulator FSSAI proposes tougher regulations for food importers
  • Snapdeal launches multi-lingual mobile interface in Hindi and Telugu
  • BigBasket plans to use electric cars to deliver products in Delhi
  • Amazon leads 150cr fund infusion in local services startup Housejoy
  • Gujarat spice maker Ramdev Food Products set to foray into snacks business

  • With an eye on customer base, GoZefo to now offer guaranteed buyback option
  • Tata Group set to crowdsource ideas for new watches, maybe even cars
  • Odd-Even Formula Inspires Uber To Launch Car Pooling Service In New Delhi & Aims To Tap 27 Lakh Private Cars
  • Sony LIV to offer carrier billing in partnership with Fortumo
  • Micromax To Invest Rs 300 Crore And Set Up New Manufacturing Units In India #MakeInIndia
  • India’s Centralized Monitoring System will launch before end of March 2016
  • Infosys invests $3M in wearables technology firm Whoop

 

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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Retail News Round Up_Dec 08,2015

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Retail News :

  • Flipkart Internet employees draw more than Rs 1 crore salary annually
  • SelectCity Walk takes on etailers with home delivery service
  • Myntra launches version 2 of app
  • Citrus Pay ties up with RuPay, Visa to boost business in payments space
  • CustomFurnish.com raises Rs 30 crore from Agnus Capital
  • Faasos raises $30M from Ru-Net and other investors
  • India.com launches news app Newsbuddy on Android
  • APUS Group to setup Rs 300 Cr fund for Indian mobile startups
  • Indian IT Industry Will Create 2.7L New Jobs in 2016
  • Nexus Venture Partners raises $450 million, first homegrown VC firm to cross $1 billion in assets

Today’s Wealth Mantra !

“Only buy something that you would be perfectly happy to hold if the market shut down for ten years”

-Warren Buffett

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Retail News Round Up_Dec 01,2015

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Retail News :

  • Nestle resumes Maggi production at all five plants
  • Fitness wearable brand Mio Global enters Indian market
  • Patel Logistics raises funds from Mauritius-based asset manager Frontline Strategy
  • Digital payments firm TranServ to roll out M-wallet with mVisa, RuPay
  • Quikr set to buy real estate portal CommonFloor.com
  • Tata Global launches instant coffee brand to compete with Nescafe, Bru
  • Kwality starts product sale under brand name ‘Kwality’

  • Yuvraj Singh promoted YouWeCan invests in brand licensing company Black White Orange
  • ZipGo launches bus service for women in Delhi NCR
  • YourStory acquires Papyrus Editor for a cash and stock deal
  • Tech in Asia to launch Indian version of its website
  • Myntra relaunching mobile site; more open approach than Flipkart
  • Alkem Labs to open IPO next week
  • Dr Lal PathLabs IPO to hit stock market next week
  • Rocket Internet backs online budget hotels booking startup ZenRooms
  • Altec Lansing Re-Enters India with a Range of ‘Everything Proof’ Speakers
  • Snapdeal Launches ‘Snapdeal Ads’ for Sellers; Attempts To Emulate Alibaba In Generating Ad Revenues
  • Bharti Airtel to Invest Rs. 60,000 Crores Over the Next 3 years to Improve its Mobile Services

 

Today’s Wealth Mantra !

“You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets.”

– Peter Lynch

 

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Retail News Round Up_Oct 23,2015

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Retail News :

 

  • Top ecommerce firms Flipkart, Amazon, Snapdeal shun UP, Uttarakhand post tax hassles
  • Myntra targets 10X growth, $5 billion in GMV by 2020
  • Reboot Systems India in talks to raise $15 million to $25 million to take on GreenDust, OverCart
  • Shopclues eyes $1 billion GMV by early next year
  • Amazon to reward top sellers on its platform
  • Walmart suddenly removed ‘Made in USA’ labels from its website
  • Gati’s net profit falls 16.15% to Rs 5.8 crore due to higher staff benefit costs
  • Government to increase spends on digital advertising