Retail News Round Up_Feb 18,2016

Retail News :

  • Worlds cheapest smartphone priced at Rs 251 hits Indian market
  • Paytm to leverage merchant partnerships & consumer base to triple its wallet transactions to $10 million a day
  • Fashion brand Ws parent plans to raise $100 million from PE funds
  • Google makes fresh push into grocery delivery

  • Britannia to invest Rs 900 crore on new greenfield plants, innovation
  • Amazon launches ‘Tatkal’ initiative for small and medium businesses
  • Abof clocks Rs 100 crore gross merchandise value within 90 days of launch
  • Alibaba to work with NDRC in rural areas
  • Amazon expanding deliveries by its ‘on-demand’ drivers
  • Small sellers skip add-on options in online marketplaces
  • PepsiCo inks pact with Maharashtra to promote fruit processing
  • Big Bazaar Direct ties up with Oxigen Services to expand its e-commerce reach
  • Tracxn raises fresh funding from Nandan Nilekani, Mohandas Pai, Neeraj Arora & Anand Rajaraman
  • Uber Signs Agreement with Maharashtra Govt to Create 75,000 Jobs #MakeinIndia
  • Foodpanda launches 30 Min Express Delivery in Gurgaon
  • Freedom 251 Quadcore Smartphone 1GB RAM Launched For Rs. 251 ($3.8)

Freedom 251 smartphone

 

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

-Robert Kiyosaki

 

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Retail News Round Up_Feb 11,2016

Retail news :

  • PepsiCo, Coke set for mini cola war this summer
  • Jewellery sales hit by 30 percent on new PAN rule
  • Hindustan Unilever looking for buyers for its atta, rice, salt business
  • Its official, OYO acquires its rival ZO Rooms
  • Paytm now allows mobile, appliances retailers to sell on ecommerce platform
  • Bullion market closed in national capital due to protest against PAN card requirement
  • Titan Eyeplus plans overseas and digital foray
  • ITC to invest Rs 3000 crore in 3 projects in Bengal
  • Britannia Industries gears up for big play in dairy segment

  • Coca-Cola decides to set up bottling plant at Sitarganj
  • Westlife Development to invest Rs 150 cr in FY 2017
  • ITC to foray into packaged frozen food,fish
  • Shubhkart targets offline consumers,join hands with RelianceMart
  • FSSAI extends deadline for obtaining licence under Food Safety Act by 3 months
  • 93% Indian retailers likely to adopt new technology like digital wallets
  • Amazon Infuses $300 Million For Indian Operations; Plans To Provide Loans For SMEs In India
  • Mobile Phone Landscape in India: 163 Brands Launched Whopping 1622 New Phones in 2015
  • Now, Government Requests Banks to Invest in Swachh Bharat Abhiyan

Swachh Bharat Abhiyan

 

“There are opportunities for all of us, we just have to open our eyes and hold ourselves completely accountable”

– K. Abernathy

 

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Retail News Round Up_ Jan 25,2016

Retail News :

  • E-Commerce Portals Get Notice For Selling E-Cigarettes In Punjab
  • Coca-Cola, Kellogg And Pepsico Move To Accelerate Sugar-Free Products
  • Monte Carlo Trims Expansion Plan, To Open 30 Outlets By FY17
  • Chinese Phone Maker Gionee Seeks Nod For Single-Brand Stores In India
  • Chumbak Inks Cloud Service Pact With IBM
  • UBL Plans To Launch Kingfisher Buzz In All Major Cities By December
  • Freecharge Launches Virtual Card Freecharge Go
  • Transerv’s Udio Wallet Offers Physical VISA Cards For Offline Transactions
  • Nexgtv Launches Its First Original TV Show With Priyanka Chopra

Design is not just what it looks like and feels like. Design is how it works.

-Steve Jobs

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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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Morning Business News Round up_November 26, 2015

Morning Business News :

  • SunEdison sells 425-Mw projects for $231 mn
  • ‘Housing for All’ scheme to come with cheap power and water
  • Railways eyes Rs 1.1-lakh cr fund for infra upgrade
  • US FDA wants third-party audit of Dr Reddy’s units
  • Axis Bank, Vistara to launch travel credit card
  • ONGC to move on to next cluster in KG block
  • Sandoz gets FDA rap over documentation at plants
  • ED issues notice to NDTV for alleged FEMA violation
  • Vedanta’s cumulative loss on Odisha refinery cross Rs 4,000 cr
  • M&M launches new variant of New Age XUV500
  • Volkswagen to invest ₹720 cr on India sedan
  • Tata Motors unveils four new construction vehicles at Excon 2015
  • Bain Capital expects ₹760 cr on exit from Hero MotoCorp

  • DS Group expects Rs 100 cr revenue from new candy brand ‘Pulse’
  • BGR Energy bags orders worth ₹300 cr
  • PepsiCo India set to uncork the ‘good for you’ range

Image result for PepsiCo

  • Mallya emerges unscathed after USL AGM
  • Idea-Videocon deal expensive but will cushion against RJio, Airtel attack
  • Warburg Pincus joins race for MedPlus; General Atlantic also in fray
  • TFS plans to strengthen India presence, lines up Rs 150 crore of investment
  • CIL staff not keen to join strike; workers reluctant to sacrifice pay
  • Vasudha Munjal plans expansion of chocolate brand Choko La
  • ITC chairman YC Deveshwar elevates executives, opens up race for chairmanship
  • Reliance Digital races ahead of Tata’s Croma in electronics retail
  • Hyundai looking for new partner to bid for building LNG ships for GAIL
  • Delhi’s private discoms BSES, Tata Power want to join debt-recast scheme
  • Payment cos like Mobiwik, ItzCash among applicants for Bharat Bill Payment System
  • Sistema Shyam Q3 loss narrows to Rs 406 crore
  • Swiss drugmaker Roche launches costliest cancer drugs in India

  • TAPI gas pipeline project to start from December 13
  • USFDA warning letter flags serious breaches at Dr.Reddy’s
  • Realty firms turn development managers for smaller companies
  • Top 10 M&A deals of all time: Pfizer-Allergan ranks second
  • Small NBFCs plan to build sales teams to draw customers
  • Infosys board member and independent director Carol Browner steps down
  • S&P calls for multi-pronged strategy to help banks tide over asset quality issues
  • Wistron, Optiemus to set up manufacturing unit in India

 

Today’s Wealth Mantra !

“Wide diversification is only required when investors do not understand what they are doing.”

– Warren Buffett

 

Retail News Round Up_Oct 19,2015

Retail news :

 

  • Reliance Industries to enroll 1.5 lakh vendors for its ecommerce venture
  • Flipkart makes seed investment in mobile-technology startup Cube26
  • Reliance Brands plans expanding global shoe brand Steve Madden stores
  • Vivo replaces PepsiCo as Indian Premier League title sponsor
  • Zomato Lays Off 300 Employees; Shuts Down Cashless Business
  • DB Corp Internet revenues at Rs 11.39Cr for Q2-FY16; Rs 6.91Cr loss