Category: Retail News Round up

Retail News Round Up_April 04,2016

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Retail News :

 

 

“Do not be embarrassed by your failures, learn from them and start again.”

– Richard Branson

 

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Retail news Round Up_April 01,2016

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Retail News :

 

 

“We have forty million reasons for failure, but not a single excuse.”

-Rudyard Kipling

 

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Retail News Round Up_March 30,2016

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Retail News :

 

“The important thing is not being afraid to take a chance. Remember, the greatest failure is to not try. Once you find something you love to do, be the best at doing it.”

-Debbi Fields

 

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Retail News Round Up_March 29,2016

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Retail News :

 

“Go confidently in the direction of your dreams and live the life you have imagined.”

-Henry David Thoreau

 

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Retail News Round Up_March 28,2016

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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

 

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Retail news Round Up_March 23,2016

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Retail news :

  • JLL India partners with Snapdeal to market residential properties online
  • Flipkart, Axe, Volini among others to sponsor IPL 9 on Hotstar
  • Tech A-listers backs on-demand mobile tutoring platform HashLearn
  • Urban Ladder looks to clock GMV of $250 mn by June2017
  • Infibeam’s Rs 450-cr IPO subscribed 63% on second day of offer
  • Amazon India, Dettol for launching air protect masks
  • E-commerce brands to drive change in online ad industry
  • Tata Sons buys Rs 312cr Titan shares
  • US sportswear brand New Balance debuts in India with 50 stores opening
  • Jewellers’ strike against 1% excise duty enters 21st day
  • ITC looking at new products in ghee segment Hindu Business Line
  • Tesco takes fight to discounters with new own-label ranges
  • Agri biz vertical of M&M forays into dairy segment with Saboro
  • PVR set to open India’s largest multiplex in Noida
  • Fortumo to offer carrier billing insights to mobile operators
  • JustDial buys back over 1M shares for Rs 165 crore
  • Byju’s Learning secures $75M from Sequoia Capital & Sofina
  • Ola acquires digital payments startup Qarth

 

 

 

 

 

 

“The important thing is not being afraid to take a chance. Remember, the greatest failure is to not try. Once you find something you love to do, be the best at doing it.”

-Debbi Fields

 

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Retail News Round Up_March 22,2016

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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 21,2016

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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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Retail News Round Up_March 18,2016

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Retail News :

  • DLF sells Saket shopping mall to subsidiary for Rs904 crore to streamline and monetize its existing assets Livemint
  • Kotak Mahindra Capital and ICICI Securities exit Infibeam IPO over pricing disagreement
  • Statistics Ministry planning to include ecommerce in calculation of CPI
  • Flipkart arm Ekart ties up with Apollo Pharmacy for delivery and pickup services
  • Nike unveils its first self-lacing sneaker
  • Kalyan Jewellers to open 7 showrooms in Qatar
  • HUL sells off its rice brands to LT Foods
  • Xiaomi goes Apple way, seeks 30% local sourcing relaxation in retail application
  • Amazon Was In Talks With Flipkart for a Possible Acquisition
  • HDFC Bank Launches SmartUp – A Banking Solution Specifically For Startups
  • Paytm targets seller base of 5 lakh by FY17-end
  • Mobikwik goes hyperlocal, launches ‘Explore Nearby ‘

 

“Plenty of people miss their share of happiness, not because they never found it, but because they didn’t stop to enjoy it.”

– William Feather

 

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Retail news Round Up_March 17,2016

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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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