Retail News Round Up_March 28,2016

Retail News :

  • Dera Sacha Sauda chief Gurmeet Ram Rahim Singh launches 151 products
  • Saama Capital Management sold its Snapdeal stake
  • Allowing pre-owned iPhone imports will negate: Make in India
  • Amazon plans two-hour delivery in Berlin
  • Xpressbees plans to use Rs 85 crore to build capacity in northeast states
  • Jewellers strike enters 25th day, no solution in sight
  • Shoppers Stop reviewing duty-free airport venture

  • V-Mart to expand in eastern states, targets 150 stores in FY17
  • CPM to open 1,500 outlets to sell organic vegetables during Vishu
  • Amul plans setting up processing unit in Northeast
  • Ringing Bells open to cooperate with Government agencies
  • FM Arun Jaitley says Government’s big push to create entrepreneurs from SC/ST, women
  • Uber to invest $500 million by June in India as it takes on rival Ola
  • Kesoram Industries to hive off its rayon business to Cygnet Industries for Rs 480 crore
  • Wings Travel acquires Bookmycab; international expansion planned
  • RCOM extends talks with Aircel to merge wireless business
  • Agartala to get additional bandwidth; to become new internet gateway
  • BSNL announces Rs 2000 Cr modernization drive

 

“You may have to fight a battle more than once to win it.”  

-Margaret Thatcher

 

current scheme

 

Today’s M & A Deals_Feb 22,2016

M & A Deals :

  • Wadhawan Group in talks to buy stake in Citrus Hotel
  • Bain, GIC & Advent buy out Warburg Pincus, others in QuEST for $350M
  • Xpressbees raises $12.5M from SAIF Partners, IDG Ventures, others
  • ICRISAT incubator to float around $15M fund for agri startups
  • Ethnic products marketplace Jaypore raises $5M from Aavishkaar
  • FTIL-NSEL merger stayed till March
  • Indonesian startup GO-JEK acquires Indian firms C42 Engineering, CodeIgnition

 

Today’s Wealth Mantra !

“The stock market is like a small row boat on a rough sea, bouncing around as it drifts, whereas the macro economy is like a large ocean liner, very ponderous and difficult to maneuver but without such a rough journey.”

-Clive Granger
Demat_Offer

 

 

Retail news Round Up_Feb 19,2016

Retail news :

  • Private equity firm Samara Capital files winding-up petition against Guardian Lifecare
  • Flipkart and Amazon launch initiatives to to get sellers on board in 60 minutes
  • Walmart just signaled a terrifying new reality for American retail
  • Ikea to make India global sourcing hub for bamboo products

  • Online retail store Jaypore raises Rs 30 crore in funding from Aavishkaar
  • Lenskart plans to expand operations through franchise model
  • Costa Coffee to focus on making India outlets profitable
  • Tata Global looks to accelerate Starbucks store expansion
  • Giving Indian shoppers less means big bucks for D-Mart
  • ParkAvenue Deodorant Wears a New Look, Courtesy WOW Design
  • Wal-Mart to create hundreds of fresh food manager roles
  • Pharmacy aggregator CareOnGo raises angel round
  • Xpressbees busy raising funds, bags Rs 85 crore for SAIF Partners, IDG Ventures, NEA, Vertex, Valiant Capital
  • Truecaller Launches TrueSDK to Help 3rd Party Apps Verify New Users via Phone Numbers
  • Tata Unveils the First India-Made Robot ‘Brabo’ in 2 months #MakeinIndia

 

“Forget past mistakes. Forget failures. Forget everything except what you’re going to do now and do it.”

-William Durant

 

Demat_Offer