Tag: Amazon

Retail News Round Up_ Jan 08,2016

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Retail news :

  • Myntra to launch US brand The North Face
  • Amazon now sells its very own ARM chips
  • Titan Montblanc JV to have 50 stores in 5 yrs, to invest Rs 250 crore
  • Melorra sees light with Rs 33 cr in the box
  • FreshMenu raises Rs 110 crore in new round of funding
  • Grofers partners with Hamleys to deliver toys on demand
  • CCI approves Panasonic-GS Yuasa deal
  • DIPP secretary Amitabh Kant to take over as Niti Aayog CEO
  • India Inc pitches for clear roadmap on corporate tax reduction

 

“This is a learning in the business life that first of all you need to have commitment, dedication and passion for what you are doing.”

-Lakshmi Mittal

 

 

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Retail news Round Up_ Jan 07,2016

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Retail news :

  • Online Retail Giant Flipkart Starts Talks With Investors To Raise $1.4 Billion
  • Patanjali Products Get Exclusive Space At Stores As Sales Soar
  • Tommy Hilfiger Re-Applies To Open Own Stores In India
  • Amazon To Enter Grocery Jungle In February

  • Paytm Ties Up With Industry buying To Simplify Transaction Process
  • Jabong Launches ‘Happy New You’ Sale, Offers Heavy Discounts
  • Kroger Is Going To Become Amazon And Walmart’s Biggest Threat

  • Food Startups Swiggy, Tinyowl & Foodpanda Raise Fee, Cut Discounts
  • Mother’s Recipe Launches E-Comm Site
  • Samsung Launches Refrigerator With Camera Inside
  • Blueshift Labs Raises $8M From Storm Ventures & Existing Investors
  • Alef Mobitech Raises $5 Million From Tata Capital Innovations Fund
  • Girnarsoft To Launch Multiple Auto Related Portals In The Coming Months
  • Startup Money Transfer App Chillr Features As Best Finance App Of 2015

 

“Our assets walk out of the door each evening. We have to make sure that they come back the next morning”

– Narayana Murthy

 

 

Retail News Round Up_Dec 31,2015

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Retail News :

  • L Capital plans to sell stake in Fabindia
  • Karnataka’s prisons dept to tie up with Flipkart, Amazon for Make-in-Prison mission
  • Flipkart pilots zero commissions programme for sellers on its platform
  • Plan for the year for Snapdeal is Freecharge
  • On-demand grocery delivery company PepperTap acquires Jiffstore
  • ZopNow Expands its Operations to Mysuru
  • CAIT to support Khan Market Traders Association in bid to sue actor Salman Khan
  • Tesco to branch out into pet grooming in UK
  • Central Warehousing Corporation to invest Rs 181 crore for adding 1.66 LT storage capacity
  • Govt Launches 23 New Schemes Under Digital India Mission; India Post Payment Bank, ePayment Portal & More

 

“When people can see which direction the leaders are going in it becomes easier to motivate them”

– Lakshmi Mittal

 

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Retail News Round Up_Dec 26,2015

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Retail news

  • India Inc flocks to campuses with live projects; Snapdeal introduces Stratethon in 13 top B-schools
  • GCPL eyes 8 major launches in 2016
  • Flipkart begins selling cars, motorcycles online
  • Ethos Watch to diversify into mens accessories
  • Salora to set up manufacturing facility for LED TVs
  • Govt Plans Tax Reduction For Startups, VCs
  • Facebook Launches Shrewd Campaign To Trap Users Into Supporting Free Basics
  • AIFPA raises pitch against recommendation of higher taxes on food items in GST
  • Danone and Narang Group agree on ending twin joint ventures that made and sold beverages
  • Amazon emerges as largest online store in India
  • Alibaba to invest $1.25 billion in Chinese online food delivery stat up
  • Grasim draws up Rs 150 crore capex plan for brand Liva
  • Siddharth Kasliwal launches Gem Palace at Dhanraj Mahal in Mumbai

 

There is a spiritual aspect to our lives – when we give we receive – when a business does something good for somebody, that somebody feels good about them!
-Ben Cohen, Ben & Jerry’s

 

 

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Retail News Round Up_Dec 16,2015

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Retail News :

  • Myntra plans roadshows in US, Europe to lure global fashion brands
  • Food regulator FSSAI proposes tougher regulations for food importers
  • Snapdeal launches multi-lingual mobile interface in Hindi and Telugu
  • BigBasket plans to use electric cars to deliver products in Delhi
  • Amazon leads 150cr fund infusion in local services startup Housejoy
  • Gujarat spice maker Ramdev Food Products set to foray into snacks business

  • With an eye on customer base, GoZefo to now offer guaranteed buyback option
  • Tata Group set to crowdsource ideas for new watches, maybe even cars
  • Odd-Even Formula Inspires Uber To Launch Car Pooling Service In New Delhi & Aims To Tap 27 Lakh Private Cars
  • Sony LIV to offer carrier billing in partnership with Fortumo
  • Micromax To Invest Rs 300 Crore And Set Up New Manufacturing Units In India #MakeInIndia
  • India’s Centralized Monitoring System will launch before end of March 2016
  • Infosys invests $3M in wearables technology firm Whoop

 

Today’s Wealth Mantra !

“Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.”

-George Soros

 

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Today’s M & A Deals_Dec 15,2015

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M & A Deals :

  • OPIC commits $625M to South Asia related PE, VC funds
  • Sun Pharma to sell one US plant to Nostrum
  • Singh brothers to merge listed health tech firm with investment firm
  • Alibaba to buy South China Morning Post for $266M
  • Dil Mil raises funding from Saavn founder
  • Amazon overtakes Flipkart as most visited Indian e-com site
  • CapriCoast raises $3.5M in Series A funding from Accel Partners, others
  • Infosys to invest $3M in wearable tech startup WHOOP
  • Mahindra to buy Italian car designer Pininfarina
  • Gour Gupta picks up majority stake in Clear Channel Mudra
  • Sequoia trims stake, Nalanda buys more of Just Dial
  • Online marketplace for private jets JetSetGo raises $1.9M

 

Today’s Wealth Mantra !

“Mutual funds give people the sense that they’re investing with the big boys and that they’re really not at a disadvantage entering the stock market.”

 

-Ron Chernow

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Retail News Round Up_Dec 04,2015

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Retail News :

  • Quikr makes second acquisition in 7 days
  • Flipkart launches progressive childcare policy for employees
  • Montblanc partners Titan for India re-entry, to open 5 outlets
  • Tata group companies firm up digital teams before launch of e-commerce venture
  • Government join hands with Ebay to provide platform for economically disadvantaged women
  • Alibaba unlikely to be interested in Yahoo’s core business

  • China’s Baidu builds empire with music, Amazon deals
  • HUL comes on board Swachh Bharat, aims to promote health & hygiene
  • Quikr Acquires Real Estate Analytics Startup Realtycompass
  • Paytm Partners With ICICI Bank, Will Offer Virtual Prepaid Cards To Its Wallet Users
  • RBI norm change will allow VC firms to bypass FDI laws to invest in ecommerce
  • Government to set up Indian Cyber Coordination Centre
  • FIH Mobile invests in MoMagic for a 10% stake
  • Flipkart launches native ads for all brands

 

Today’s Wealth Mantra !

“Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.”
-Peter Lynch

 

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Retail News Round Up_Nov 27,2015

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Retail News :

  • Lendingkart ties up with Paytm for collateral free business loans
  • Amazon introducing more options for online live plant category on the back of solid growth
  • Heineken ups stake in United Breweries; buys shares worth Rs 39 crore
  • $300 million venture fund arm of Dell planning to invest in Indian startup ecosystem
  • Pakistan to invite PayPal, Alibaba to start e-commerce services

 

Today’s Wealth Mantra !

“It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.”

– Warren Buffett

 

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Retail News Round Up_Nov 04,2015

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Retail News :

 

  • Yuvi Hospitality raises Rs 100 crores from construction firm to open new outlets
  • Amazon to open its first-ever physical book store in Seattle
  • Reliance Trends launches Point Cove in collaboration with Cherokee Global Brands
  • Jain Irrigation bags Rs 750-crore order from Hindustan Coca-Cola
  • Samsung Launches ‘Made in India’ Galaxy On5 and On7 Budget Smartphones
  • Paytm’s Grand India Expansion Plan: Rs 5000 Crore Investment Into Ecommerce To Bring 50 Cr Indians Into Mainstream Economy
  • Pokkt raises $5M from Segnel Ventures, existing investors & others
  • Jugnoo raises series B funding from Paytm
  • News Corp owned REA acquires iProperty for $414M

 

Today’s Wealth Mantra !

“Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”

– Warren Buffett

 

 

 

 

Retail News Round Up_Oct 23,2015

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Retail News :

 

  • Top ecommerce firms Flipkart, Amazon, Snapdeal shun UP, Uttarakhand post tax hassles
  • Myntra targets 10X growth, $5 billion in GMV by 2020
  • Reboot Systems India in talks to raise $15 million to $25 million to take on GreenDust, OverCart
  • Shopclues eyes $1 billion GMV by early next year
  • Amazon to reward top sellers on its platform
  • Walmart suddenly removed ‘Made in USA’ labels from its website
  • Gati’s net profit falls 16.15% to Rs 5.8 crore due to higher staff benefit costs
  • Government to increase spends on digital advertising