Tag: Uber

Retail News Round Up_March 14,2016

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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

 

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Retail news Round Up_March 10,2016

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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_Feb 25,2016

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Retail News :

  • Now Uber Will Launch Their Own Closed Digital Wallet Exclusively For Their Indian Riders
  • Mars Inc stops distribution of stocks of Mars and Snickers made in Netherlands over plastic fears
  • LG, Sony fight for survival in India’s smartphone space, to exit entry market
  • Food tech startups focus on execution as investors tighten purse-strings
  • Jabong parts ways with creative AoR Bang In The Middle
  • Ecommerce industry warns of crisis if GST not passed

  • OLX launches animated Twitter chatboard
  • Adidas wins EU ruling on famous ‘3 stripes’ design
  • Tommy Hilfiger launches clothing line for disabled children
  • Voonik plans foray into Mens fashion, acqui-hires Getsty to scale up
  • Gaurav Kushwaha got the idea of Bluestone during his marriage
  • Prices of polished diamond rise 4-5% amid shortage
  • D-Mart to raise Rs 600 cr via NCDs
  • Gionee to launch 200 more retail stores in India
  • GST will bring in clarity, boost e-commerce in India says IAMAI
  • Ricardo Beverly Hills plans to shift mfg facility from China to India

 

“One of the secrets to staying young is to always do things you don’t know how to do, to keep learning.”

-Ruth Reichl

 

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Retail News Round Up_Feb 18,2016

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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 16,2016

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Retail News :

  • Swedish companies look up to India as major hub for exports
  • Internet cos like Myntra, Shopclues roll out new initiatives for young mothers
  • CCI rejects complaints of unfair business practices against Ola, Uber
  • China buys half of world’s all luxury goods
  • Snapdeal to route new funding into logistics, fintech

  • Wadi.com gets $67 million; to ramp up headcount in India
  • Make in India: Raymond bullish on its Rs 1,400 crore investment plan in Maharashtra
  • New PAN norms are a dampener for the jewellery sector
  • FMCG major RB pledges $1 million for Zika relief package
  • Sanghvi Brands bags exclusive rights to take LOccitane spas to US, Middle East
  • Make In India: Government looking to woo global investors; PM Modi expects policies to boost manufacturing
  • Make in India: India Inc urges new technology to transform manufacturing
  • Make in India: Manufacturing is actually picking up, says Nirmala Sitharaman
  • American Retail giant Target to insource software projects from technology vendors like TCS & Infosys
  • Business-to-business marketplaces find easy business for small and medium enterprises
  • Indian Railways Launches Utsonmobile For Paperless Unreserved Railway ticket Bookings
  • Apple To Setup First $25M Offshore Technology Development Centre in Hyderabad

Apple Store-001

 

“Challenges are what make life interesting and overcoming them is what makes life meaningful.”

-Joshua J. Marine

 

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Retail News Round Up_ Jan 22,2016

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Retail news :

  • Uber is launching its food delivery app in 10 cities – and it could pose a huge threat to food delivery startups
  • SoftBank invests additional Rs 100 crore in Housing.com
  • Following exit of Maneesh Dhir, Apple launches hunt for new India business head
  • UrbanClap acquires after sales service provider HandyHome

  • Coca-Cola to invest $1 bn in Argentina over next four years
  • McDonald’s new plan to dominate fast food is angering some franchisees
  • Foxconn offers $5.3 bln for Sharp, plans to keep management
  • Food security law to be implemented by all states, UTs by April except Tamil Nadu says Ram Vilas Paswan
  • ‘Deep partnership between innovations in US, startups in India’
  • GIC, Singapores sovereign wealth fund, invests undisclosed sum in deal discovery application Little
  • Retail technology firm SnapBizz raises $7.2 million to spur market expansion
  • TranServ Launches Udio, India’s First Social Mobile Wallet
  • Apple Plans to Open its Own Stores in India, Seeks DIPP Approval!
  • India’s First LGBT Cab Service Launched By Wings Travels & Humsafar Trust In Mumbai

Leadership is a potent combination of strategy and character. But if you must be without one, be without the strategy.

– Norman Schwarzkopf

 

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Today’s M & A Deals_ Jan 19,2016

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M & A Deals :

  • E-commerce enabler KartRocket secures $6M from Bertelsmann, others
  • Portea picks up majority stake in health-tech startup PSTakeCare
  • Uber ties up with Airbus for on-demand helicopter rides
  • Pearson in talks to buy Mantri’s Indus International School
  • Carzonrent in talks to sell stake in self-drive venture to PE firms
  • IFMR raises $36M debt fund, invests in 3 firms
  • Mindtree to buy US-based Magnet 360 for $50M

 

 

Today’s Wealth Mantra !

“Know what you own, and know why you own it.”

– Peter Lynch

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Retail news Round Up_ Jan 06,2016

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Retail News :

  • K Raheja Group to invest around Rs 525 crore in next 3 years
  • Qwikcilver eyes Rs 2,000-crore gift cards by March-end
  • Muthoot Exim launches gold recycling centre in Kolkata
  • Pizza Hut is unleashing a competitor to McDonald’s and KFC

  • B9 Beverages raises $6 million in series A funding
  • 45 Indian entrepreneurs in Forbes list of achievers under the age of 30
  • Tata invests in analytics co Tracxn
  • LuLu group offers Rs.1,000 crore investment in Lucknow
  • OnePlus Reveals Spare Parts Prices, A First in Smartphone Industry
  • Facebook releases new set of responses in support of Free Basics
  • MobiKwik opens Power Wallet API to all retailers
  • Uber launches carpooling for private car drivers in Bangalore
  • Grofers stops operations in nine Tier II cities

 

“A girl child who is even a little bit educated is more conscious of family planning, health care and, in turn, her children’s own education.”

-Azim Premji

 

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 07,2015

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Retail News :

  • Faasos raises Rs 200 crore in fresh funding at a time of gloom for on-demand food startups
  • Ecommerce players to help Indias 2016 advertisement spend grow 13%
  • Paytm acquires Near.in to strengthen its presence in online-to-offline space
  • Rural-focused StoreKing in pact with Indian Oil
  • Shemaroo partners with DTH players to launch ‘Miniplex’
  • Reliance opens up Jio Chat to 9 countries, but will it be secure?
  • Khan Academy launches Hindi website with Math lessons
  • YouTube Space Mumbai launched at Whistling Woods
  • Uber launches UberASSIST for the differently abled in Delhi

 

Mondaymotivation Wealth Mantra !

“The investment in knowledge always pays the best interest”

-Benjamin Franklin

 

 

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