Retail News Round Up_March 22,2016

Retail news :

  • P&G now introduces six-month adoption leave for employees
  • India looks to widen ambit of Google Tax on internet companies
  • Patanjali to raise Rs 320 crore forR&D Financial Express
  • Infibeam’s Rs 450-crore IPO subscribed 21% on Day 1
  • L Capital Asia will not commit more funds to existing Indian investments
  • LG overtakes Bravia maker Sony in flat panel television sales
  • Paytm inks strategic deal with PVR, invests Rs 120 crore in online movie ticket market
  • Alibaba annual transaction volumes cross $463 billion
  • Online C2C marketplaces can close Indias consumption gap
  • Big jewellers begin to register with excise authorities
  • Woodland to roll out wearables, sports gear
  • Aditya Birla Group firm launches fabrics brand Liva
  • Reliance Industries in branding alliance with Tamil Nadu firm for Recron fibre brand
  • Licences of 9 food outlets suspended in Thiruvananthapuram
  • BigBasket now to deliver goods on electric vehicles
  • Paylo.in acquires in-restaurant payment app Ruplee
  • Samsung plans range of exclusive online products
  • Foxconn to reduce offer for Sharp by around $900 million
  • IKEA donates Rs 92 crore for safe water projects in India, Indonesia
  • Cookware brand Wonderchef to raise Rs 100 crore
  • BSNL Announces Rs 2000 Crore Modernization Drive; 3G & Rural Areas To Be Major Focus
  • Alibaba All Set To Enter Indian Ecommerce Market By End of 2016; Govt. Promises‘Full Support’

 

“Never doubt that a small group of thoughtful, committed, citizens can change the world. Indeed, it is the only thing that ever has.”

-Margaret Mead

 

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Retail news Round Up_March 17,2016

Retail news :

  • Procter & Gamble to challenge ban on Vicks Action 500 Extra
  • Amazon Tatkal to help people sell products online
  • Gurgaon-based Elitify.com in talks to raise Rs 13 crore
  • Protest rally in Delhi on March 17 against 1% excise duty proposed on gold jewellery
  • Italian fashion brand Neil Barrett comes to India

  • Woodland plans to unveil adventure watch, fitness band
  • Aim to develop restaurant base to 500 stores over the next 5-6 years: Amit Jatia, Westlife Development
  • Patanjali to set up 4 more plants in 2 years
  • United Breweries, Sanofi India and Bayer CropScience boards to go with Vijay Mallya as chairman
  • Brand Patanjali driving buzz on social media
  • FourthLion enters organised retail with ‘WalkIn’ at Coffee Day
  • Marico relaunches Set Wet deo with Ranveer Singh
  • Capital Float introduces special schemes targeting women entrepreneurs in India
  • FDI up 29% post Make in India initiative: Nirmala Sitharaman
  • Private equity funds, textile companies vie for debt-ridden Alok Industries
  • Myntra to Introduce Standardized Size Chart to Reduce Merchandise Returns
  • ICICI Bank Launches Contactless NFC-based Mobile Payment System
  • Infibeam All Set To Launch Indian eCommerce’s First Ever IPO; To Raise Upto Rs 450 Cr At A Valuation Of Rs 2237 Crore

 

“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_March 08,2016

Retail News :

  • Paytm to invest in support of women entrepreneurs
  • Alibaba’s Ant Financial could be valued at nearly $50 billion
  • Snapdeal, FLO collaborate to bring women entrepreneurs online
  • Homepreneurs setting up ecommerce shops to scale up businesses
  • Paytm, US firm in tech tie-up for payments bank
  • Guess to launch smartwatches in India by middle the of the year
  • Gems and jewellery exports dip 14.5% during April-January over lower global demand
  • Woodland eyes global expansion, to open stores in countries like Russia and China
  • Oral-B plans to stop supply of toothpaste as it fails to shine
  • Manpasand to flavour Baskin-Robbins experience with fruit drinks magic at 250 ice cream outlets
  • Jain Irrigation’s Rs 792 crore stake sale gets CCI approval
  • Canon India to expand woman workforce from 12% to 20%
  • FDI in food processing to act as catalyst: Minister
  • Investor queue gets longer outside micro loan startups
  • InMobi, TaxiForSure founders invest in fashion app Wooplr

 

“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 22,2016

Retail news:

  • Donald Trump calls for boycott of Apple products until company unlocks shooter’s phone
  • Paytm founder Vijay Shekhar Sharma says apps shouldn’t be allowed on closed networks
  • Godrej Consumer Products Ltd to increase shareholding in its joint ventures
  • ShopClues eyes companies in the ad-tech, payments and analytics space
  • India Post rides e-commerce wave as villagers buy online
  • Hyper-local discovery app Magicpin raises $3 million
  • Woodland to strengthen presence in UAE, Russia
  • Heritage Foods firms up plans for ecommerce foray to accelerate turnaround of its retail business
  • AAP government considers not raising excise duty on liquor
  • VLCC looks to spread its wings in India and abroad
  • SigTuple raises seed fund from Flipkart founders, Accel Partners and other angel investors
  • FSSAI to work with other government agencies to spread awareness on food safety
  • The Viral Fever secures $10M from Tiger Global for 25% stake
  • ASICS acquires Runkeeper for an undisclosed amount
  • Vodafone to invest Rs 6,000 crore in Maharashtra
  • RKSV Securities secures $4 million from Kalaari capital & others

 

“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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