Retail news Round Up_March 21,2016

Retail News :

  • Paytm plans to spin off its marketplace to allow Alibaba Group establish a direct presence in India
  • Alibaba may tieup with Tatas to venture into online retail market in India
  • iPhone maker plans fifth avenue-like store, to set up smaller outlets in the country
  • Noida jewellers sell vegetables in protest against excise duty
  • Patanjali has plans to open food parks in 4 or 5 locations
  • Infibeam’s Rs 450 crore IPO to hit markets today
  • Alibaba may set up a technology development centre in India
  • Jewellers call off 18-day strike after assurance from government; gold imports to rise
  • Paytm-backed LogiNext targets treble sales to $3mn in FY’17
  • Craftsvilla expands services to Middle East, New Zealand and Australia
  • Jewellery industry incurs Rs 60K-70K crore loss in 18-day long strike
  • WB govt offers land for footwear park in the state
  • Jewellers back in business after strike, task force to decide on gold cess
  • India soon to be among RB’s top three markets
  • Acquiring HUL’s rice business will firm position in mid-east
  • Parliamentary panel favours bringing tobacco production under regulatory regime
  • Micromax founders eye 40% revenue growth in FY17
  • Anil Agarwal’s $10 billion LCD plant to start production in 2018
  • AC sale set to pick up with onset of summer
  • Bang & Olufsen enters into a partnership with LG
  • Firstcry to use analytics to boost offline sales
  • WhatsApp Update Brings Rich Text Chats, Google Drive & OneDrive File Sharing & More
  • Indian Startup CREO Debuts Unique Mark 1 Smartphone With Monthly OS Updates

 

 

“Never give up, for that is just the place and time that the tide will turn.”

-Harriet Beecher Stowe

 

 

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