Morning Business News Round Up_ Dec 21, 2018

  • Farmers get $9bn loan relief ahead of elections
  • Bank credit grows by 15.07%, deposits by 9.66%
  • PSBs recover $8.69 bn of bad loans in April-Sept
  • RBI limits total outstanding ECBs to 6.5% of GDP
  • IL&FS to sell stake in education, wealth mgmt arms
  • Govt to put draft ecomm policy up for consultation
  • PowerGrid gets shareholders’ nod to raise FPI shareholding limit to 35%
  • ONGC board approves Rs 40 billion buyback at Rs 159 apiece; shares end flat
  • Govt wants Rs 100 bn interim dividend from RBI for fiscal deficit target
  • Defaults on credit cards, loan against properties on the rise, says CIBIL
  • Sterlite likely to restart Tamil Nadu’s Thoothukudi unit in two months
  • NITI Aayog’s recommendation on agri sector tough to implement: Experts
  • NCLAT reserves order on Bhushan Power and Steel
  • ‘RBI must release a vision document for UCBs to thrive’
  • CBDT to tighten monitoring of donations to trusts
  • Steel companies staying off Karnataka’s ‘overpriced’ ore
  • Gold, jewellery exports to post up to 5% growth this year
  • Govt announces tax relief to startups
  • Airtel sets up special panel to explore fundraising options
  • RCom urges DoT to grant approval for spectrum deal
  • Swiggy raises $1 billion in largest funding round till date
  • Canara Bank to raise up to ₹3,000 crore via Basel-III compliant bonds
  • RBI Governor Shaktikanta Das to meet private sector lenders next week
  • Bank of India eyes Rs 1200-cr from exiting life insurance arm Star Union
  • India’s crude steel output falls by 1.3 pct in November
  • Government taking steps to implement methanol economy
  • Tata Motors, Zoomcar join hands for self-drive EV rentals in Pune
  • Rupee rallies 69 paise, settles below 70-mark
  • BSNL to raise Rs 12,000 crore from PSBs for network upkeep
  • Brokers question 100% penalty on ‘bogus’ dealings
  • Energy subsidies decline by 36% to Rs 1.51 lakh crore
  • 3 banks’ merger unlikely before 1st quarter of FY20

Today’s M & A Deals_ Jan 20,2016

M &  A Deals :

  • Food ordering startup Swiggy raises $35M from Harmony, RB Investments & others
  • Indus OS raises $5M from Omidyar, others
  • Menterra floats $6M social VC fund
  • Piramal Enterprises to float fund for distressed assets
  • Online Education Portal Collegedunia Secures Funding
  • Parenting Social Network Tinystep Grabs Funding

 

Today’s Wealth Mantra !

“ Emotions are your worst enemy in the stock market.”

-Don Hays.

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Retail News Round Up_ Jan 19,2016

Retail News :

  • Amazon to start grocery delivery by April
  • Reliance Group eyes e-commerce for commercial finance biz
  • Ratan Tata invests undisclosed amount in online coupons venture CashKaro.com
  • Flipkart invests undisclosed sum in social network Tinystep
  • Bagrry’s India Ltd. to offer healthier snacks in fast-food lane dominated by KFC, McDonald’s

  • Online food ordering startup Swiggy receives Rs 230 crore in funding
  • Leading online supermarket bigbasket enters UP
  • Godrej Consumer Products eyes 10 per cent market share in hand wash, sanitisers segment
  • Chai Point to launch Uni-350ml variant of delivery flask
  • Goldman Sachs picks 50 per cent stake in Amber, deal values company at Rs 1,200 crore
  • E-commerce enabler KartRocket raises $6 million from Bertelsmann India, others
  • Will Startup India stem the exodus of startups to Singapore?
  • WhatsApp to drop annual subscription fees

 

“Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work. And the only way to do great work is to love what you do.”

—Steve Jobs

 

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Retail news Round Up_ Jan 07,2016

Retail news :

  • Online Retail Giant Flipkart Starts Talks With Investors To Raise $1.4 Billion
  • Patanjali Products Get Exclusive Space At Stores As Sales Soar
  • Tommy Hilfiger Re-Applies To Open Own Stores In India
  • Amazon To Enter Grocery Jungle In February

  • Paytm Ties Up With Industry buying To Simplify Transaction Process
  • Jabong Launches ‘Happy New You’ Sale, Offers Heavy Discounts
  • Kroger Is Going To Become Amazon And Walmart’s Biggest Threat

  • Food Startups Swiggy, Tinyowl & Foodpanda Raise Fee, Cut Discounts
  • Mother’s Recipe Launches E-Comm Site
  • Samsung Launches Refrigerator With Camera Inside
  • Blueshift Labs Raises $8M From Storm Ventures & Existing Investors
  • Alef Mobitech Raises $5 Million From Tata Capital Innovations Fund
  • Girnarsoft To Launch Multiple Auto Related Portals In The Coming Months
  • Startup Money Transfer App Chillr Features As Best Finance App Of 2015

 

“Our assets walk out of the door each evening. We have to make sure that they come back the next morning”

– Narayana Murthy

 

 

Retail News Round Up_Nov 30,2015

Retail News :

  • Promoter of QikPod  want to make QikPod worlds largest parcel locker network
  • Coca-Cola likely to enter pure dairy segment, to compete with Amul, Britannia and Nestle
  • Patanjali to invest Rs 1,000-crore on expansion
  • Online food-ordering startup Swiggy in talks to raise around $40 million
  • Character merchandising startup Superhero Brands raises Rs 3.6 crore
  • PVR to add 23 screens, take total to 500 this fiscal
  • Import Data Confirms Reliance Jio 4G Services Launch on Track
  • Video streaming platform Hotstar begins global expansion on website
  • Uber launches performance based loyalty programme for its drivers

 

Today’s Wealth Mantra !

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

– Warren Buffett

 

 

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Retail News Round Up_Nov 28,2015

Retail News :

  • Jabong to launch Black Friday weekend sale
  • Kwality to launch a host of new value-added products in next 3-12 months
  • Goli Vada Pav ties-up with Foodpanda and Swiggy
  • US based Cox Automotive acquires stake in Mahindra First Choice
  • Grofers raises $120M from SoftBank & other investors
  • Paytm partners with Lendingkart to offer loans to sellers
  • Quikr to launch a platform for the film industry with filmmakers
  • Uber launches performance based loyalty programme for its drivers
  • IRCTC Revenues Jump to Record $3 Billion, Posts INR 130 Crore Profits!

 

Today’s Wealth Mantra !

“The four most dangerous words in investing are: ‘this time it’s different.”

– Sir John Templeton

 

 

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Retail News Round Up_Nov 21,2015

Retail news :

  • Caravan Craft raises Rs 8.5 crore from Unitus Seed Fund
  • IAN invests Rs 3 crore in online jewelery brand Fourseven
  • Online ordering app Swiggy ties up with Burger King
  • Hello Curry ties up with IRCTC to provide meals on trains
  • HeyPillow raises $3M in Series A funding from Hampton Capital
  • Facebook testing crowdfunding with nonprofit organizations

Today’s Wealth Mantra !

“The individual investor should act consistently as an investor and not as a speculator.”

– Ben Graham

 

 

Retail News Round Up_Aug 11,2015

Retail News :

 

  • E-commerce firms like Amazon, Flipkart, Paytm and others embark on a hiring spree
  • Ecommerce cos like Zomato, Yepme offer 200% more than offline brands to sign up Bollywood celebs
  • Paytm armed with a war chest of Rs 3,200 crore for acquisitions in e commerce space
  • Flipkart, Snapdeal report strong jump in sales
  • E-tailers like Flipkart, Snapdeal and others pitch for 4G for enhanced shopping experience
  • Zomato, TinyOwl and Swiggy in talks to raise about Rs 1,000 crore
  • Ecommerce firms like Paytm, Snapdeal to give credit score based on online purchases
  • Zomato seeking small stakes in food ordering start-ups abroad
  • MobiKwik aims to process $5 billion transactions in next 2 years
  • Flipkart crosses 150 million products sales mark
  • United States Food and Drug Administration clears Nestle’s Maggi
  • Indian Angel Network Invests Rs 10 crore in Wow!
  • China’s Alibaba to take $4.6 bn stake in retailer Suning
  • Xiaomi launches Redmi 2 Prime, first to be assembled in India; announces Foxconn tie-up
  • Smartphone-driven sales to grow to 40 million by 2016

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