Retail News Round Up_March 18,2016

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

 

current scheme

Retail news Round Up_March 09,2016

Retail news :

  • Nike, Tag Heuer and Porsche cut ties with tennis sensation Maria Sharapova after positive drug test
  • Consulting firms like EY, Deloitte, Cognizant flocking to IIMs to hire MBA graduates this year
  • Challenges women entrepreneurs face in the startup ecosystem
  • Nykaa looks to raise Rs 100 crore, expand private label offerings
  • Foreign brands to lift sales at Arvind Retail
  • Excise duty on jewellery not conducive for industrY
  • Coca-Cola bottlers to invest Rs 510 cr in Haryana
  • Premium products help Britannia outpace biscuit industry
  • IKEA to invest Rs 2,000 cr in Haryana; signs MoU with state
  • Furlenco elevates VP of products and technology Ashwin Venkatraman to COO
  • FDI proposals of Rs 48,902 crore cleared till January in FY16
  • BigFoot Retail Solutions gets Rs 13.5 crore more in Series-B funding
  • Govt.Withdraws Tax on Provident Fund With Immediate Effect
  • Women’s Day: Indian Govt launches ‘Mahila E-haat’ to Encourage Women Entrepreneurship

STartup Tax Reduction

 

“What lies behind us and what lies before us are tiny matters compared to what lies within us.”
-Henry S. Haskins

 

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