Retail News Round Up_March 14,2016

Retail news :

  • Allahabad HC slams UP tax department for taking out Rs 49 crore from Flipkart’s account using dubious means
  • Flipkart takes Uttarakhand to court for imposing 10 percent entry tax on goods purchased through e-commerce
  • After Patanjali, Kishore Biyani led Future Group may start selling Ravi Shankar’s Sri Sri Ayurveda products
  • Shopclues wants Momoe, eyes a bite of payment business

  • Paytm ties up with cinemas to sell tickets
  • Arvind sports to bring Cole Haan and Heatwave Shoes to India
  • Jewellery demand to rise to 670-685 tonnes in FY17
  • Himalaya eyes doubling men’s facewash market share to 12 percent
  • RIL arm to invest Rs 1,300 crore in Haryana for electronics hub
  • Xiaomi applies for single-brand retail stores
  • Canon eyes 10% growth in India this year
  • PayPal has joined hands with OYO Rooms to allow global consumers to pay
  • Quikar.com, India’s largest classifieds site today announced launch of Quikr Doorstep
  • Uber announced that it will be investing Rs 120 Crore in the state hariyana to improve its cab-hailing service and transportation network

“Don’t let the fear of losing be greater than the excitement of winning.”

-Robert Kiyosaki

 

current scheme

 

Retail news Round Up_March 10,2016

Retail news :

  • Uber’s $17M MoU with Haryana Govt to focus on ridesharing
  • Quikr launches product delivery & checking through Doorstep
  • PayU Biz to launch POS terminals in India by April 2016
  • InnerChef acquihires EatonGo and Flavour Labs
  • OYO Rooms ties up with PayPal for i’national transactions
  • Amazon India to Launch its own Digital Wallet, But Through Acquisitions
  • Ola to shut down its grocery and food delivery business next week

“Thinking is the hardest work there is, which is probably the reason why so few engage in it.

-Henry Ford

current scheme

Retail News Round Up_ Jan 13,2016

Retail News :

  • Shopclues at par with Snapdeal, Paytm with undisclosed funding valuing company at Rs 7,300 crore
  • Amazon and Future Group partnership on rocks over funding of discounts
  • Nitish Kumar government to impose 13.5% tax on luxury items
  • Amazon has bought a French delivery company
  • PayPal ties-up with first Indian partner Shopmatic for cross-border transactions

  • Reliance eyes Rs 1,800 cr sales from Vimal brand in 3 years
  • Van Heusen ropes Infinite Analytics for its style studio
  • Starbucks says aims to open 500 new stores in China in 2016
  • Start in India, stay in India, government tells fleeing startups
  • Women and Child Development Ministry, eBay partner for online platform for women entrepreneurs
  • Oxigen Wallet launches mobile virtual cards powered by Visa
  • ShopClues raises $100 million; plans IPO in 2017
  • OYO Rooms expands to Malaysia; looks at Africa, South America, South-east Asia next
  • Ortel launches free public WiFi for its customers in Bhubaneswar
  • Hike secures funds from WordPress and Quora founders & other individual investors
  • Persistent Systems acquires CloudPlatform & CloudPortal from Citrix
  • Spice Mobility acquires 22.5% stake in Sunstone Eduversity
  • Hike messenger to match Delhi commuters to comply with odd even rule

 

“Someone is sitting in the shade today because someone planted a tree a long time ago.”

-Warren Buffett

 

Demat_Offer

 

 

Retail News Round Up_Nov 27,2015

Retail News :

  • Lendingkart ties up with Paytm for collateral free business loans
  • Amazon introducing more options for online live plant category on the back of solid growth
  • Heineken ups stake in United Breweries; buys shares worth Rs 39 crore
  • $300 million venture fund arm of Dell planning to invest in Indian startup ecosystem
  • Pakistan to invite PayPal, Alibaba to start e-commerce services

 

Today’s Wealth Mantra !

“It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.”

– Warren Buffett

 

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