Retail News Round Up_ Jan 27,2016

Retail news :

  • German investor Rocket Internet may close down FabFurnish, Printvenue; looks for Indian partner
  • Snapdeal plans to lend Rs 1k crore in six months to attract sellers
  • Chinese investors bet big on India, internet giants pour funds into digital startups
  • Apple reshuffles India business, changes roles of senior executives
  • Top smartphone players like Samsung, Micromax becoming poaching grounds for Chinese entrants
  • Anchor Electricals aims to be export hub for Panasonic
  • Roca, maker of Parryware products, to focus more on digital marketing
  • Ronnie Screwvalas UpGrad in advanced talks to acquire three companies
  • Nutraceuticals, food supplements no longer to be considered proprietary foods by FSSAI

 

“I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years.”

-Warren Buffett

Demat_Offer