Retail News Round Up_March 18,2016

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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