Retail news Round Up_April 06,2016

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_March 15,2016

Retail news :

  • After Uttarakhand, Bihar, Assam, half a dozen more states planning levy on ecommerce goods
  • Ecommerce bigwigs like Amazon and Flipkart bank on on-demand services platforms to keep buyers happy
  • In a bid to reduce merchandise returns, Myntra to launch size chart by mid-April
  • Infibeam likely to raise Rs 450 crore via March 21 IPO
  • Amazon lines up goodies online to spice up India Fashion Week
  • Snapdeal to sell Michelin tyres online
  • Kalyan Jewellers ropes in Sonam Kapoor as new brand ambassador
  • Babas jump on FMCG bandwagon
  • Dutch beer giant Heineken appoints JM Financial to help increase stake in United Breweries
  • Government ban on 350 drugs jolts 4% of pharma retail market
  • Food regulator FSSAI launches mobile app for consumers
  • Paytm Partners with PVR and INOX to Advance into Movie-Ticketing Business
  • Indian Railways Announces On-Demand ‘Clean My Coach’ Service

Clean My Coach Indian Railways

 

“Action and adaptability create opportunity.”

– Garrison Wynn

 

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Retail News Round Up_March 11,2016

Retail News :

  • Flipkart pumps Rs 338 crore in Myntra to take on competition
  • Flipkart sees opportunity in selling automobiles and accessories online
  • Roadrunnr and TinyOwl in early stage of talks to merge in all-stock deal
  • Digital wallet and ecommerce firm Paytm planning major offline push
  • Online marketplace ShopClues plans to hire 1,500 employees by December
  • FMCG stocks like Dabur, Nestle, Colgate Palmolive run the risk of earnings downgrade
  • Manish Arora to launch first menswear collection online
  • French fashion brand Chloe now in India
  • H&M to open first store in Bengaluru on March 25
  • Sachin Tendulkar starts new innings with TrueBlue
  • Lenovo ties up with Paytm to offer sops for distributors, sales representatives
  • FDA scraps licences of 792 medical stores
  • L’Oreal creates unbranded content hub to woo beauty fans
  • Startups exploring innovative new ways to attract top talent
  • Startup India: Five-fold hike in government budget for funding startups in next fiscal
  • BSNL Jumps Into Video-On-Demand Service; Partners With Tata Sky To Provide Instant Videos
  • Uber to Invest INR 120 Cr in Haryana to Improve Transport Services in Gurgaon

 

“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_Feb 16,2016

Retail News :

  • Swedish companies look up to India as major hub for exports
  • Internet cos like Myntra, Shopclues roll out new initiatives for young mothers
  • CCI rejects complaints of unfair business practices against Ola, Uber
  • China buys half of world’s all luxury goods
  • Snapdeal to route new funding into logistics, fintech

  • Wadi.com gets $67 million; to ramp up headcount in India
  • Make in India: Raymond bullish on its Rs 1,400 crore investment plan in Maharashtra
  • New PAN norms are a dampener for the jewellery sector
  • FMCG major RB pledges $1 million for Zika relief package
  • Sanghvi Brands bags exclusive rights to take LOccitane spas to US, Middle East
  • Make In India: Government looking to woo global investors; PM Modi expects policies to boost manufacturing
  • Make in India: India Inc urges new technology to transform manufacturing
  • Make in India: Manufacturing is actually picking up, says Nirmala Sitharaman
  • American Retail giant Target to insource software projects from technology vendors like TCS & Infosys
  • Business-to-business marketplaces find easy business for small and medium enterprises
  • Indian Railways Launches Utsonmobile For Paperless Unreserved Railway ticket Bookings
  • Apple To Setup First $25M Offshore Technology Development Centre in Hyderabad

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“Challenges are what make life interesting and overcoming them is what makes life meaningful.”

-Joshua J. Marine

 

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Retail News Round Up_Dec 23,2015

Retail News :

  • Companies introducing new parental benefits to retain employees
  • Flipkart to help local firms to sell licensed global brands
  • Small cities, e-commerce will reshape Indian FMCG sector
  • Online B2B marketplace Shotang raises Rs 33 crore in funding
  • Shopmatic partners CAIT to bring its members on eLala platform
  • Voylla plans to set up 100 stores; invest Rs 25 crore for expansion

  • Adinath Agro raises series A investment from Carpediem Capital
  • Coca Cola to explore scope for Kinnow plant in Haryana
  • Cafe Coffee Day to extend home delivery to Mumbai and Delhi
  • in to expand operations next year
  • Sidbi clears Rs 930 crore from fund-of-funds to support venture capital funds
  • Hike Messenger Goes Multi-lingual with 8 Indian Languages
  • Hike to launch interface & keyboard in 8 Indic languages
  • Imtiaz Ali & nexGTv launch digital platform for content creators
  • Planet GoGo raises seed funding from HT Media and North Base Media

 

“When you take risks you learn that there will be times when you succeed and there will be times when you fail, and both are equally important.”
– Ellen DeGeneres

 

 

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Retail News Round Up_Dec 22,2015

Retail News :

  • Placements in newer IITs get off to a strong start as e-commerce cos line up with job offers
  • PepperTap bags Rs 26 crore in debt finance, acquires Jiffstore
  • Amazon India expands logistics footprint to 2,100 urban centres
  • Nestle India gears up to launch more Maggi variants

  • Demographic shifts, ecommerce, digital space to reshape FMCG
  • Godrej Agrovet buys Creamline’s 25% stake for Rs 150 crore
  • Late stage funding dries up for start-ups
  • Raymond to invest Rs1,500cr in Amravati
  • Future Retail signs bond deal with Axis Bank
  • Intex launches smartphone with Truecaller & Truedialer integration
  • Government to make all CBSE textbooks available online

 

“When you take risks you learn that there will be times when you succeed and there will be times when you fail, and both are equally important.”
– Ellen DeGeneres

 

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Retail News Round Up_Dec 05,2015

Retail News :

  • Kishore Biyani in talks to raise Rs 300 crore for FMCG business
  • Government may log into eBay, Amazon to spread reach of handloom products
  • 3,000 spinners now weaving stories of khadi in UK
  • World’s first washable smartphone to debut in Japan
  • Toshiba eyes 15 per cent share of Indian MFP market
  • IIT Hyderabad Launches Centre for Healthcare Entrepreneurship
  • Khan Academy Launches Educational Videos in Hindi.
  • Jio Money Digital Wallet Launching Soon, Jio Chat Now Available in 9 Countries

 

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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Morning Business News Round up_December 02, 2015

Morning Business News :

  • Car sales rise with high demand for Hyundai Creta & Mahindra TUV, two-wheelers under pressure
  • China pips India in race for reserve currency status
  • Need for more economic reforms in China, says IMF
  • Gold scheme brings Rs 246 cr, RBI issues certificates
  • Volkswagen’s US sales plunge 25% in November
  • Alkem Laboratories fixes IPO price band at Rs 1,020-1,050

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  • BRICS bank to issue bonds
  • D-St gung-ho on GST, most expect bill to go through in winter session
  • Retail inflation may rise to 5.5% in Q4
  • Cox & Kings sells 100% of issued, outstanding shares of Explore Worldwide Limited
  • Coal India misses November production target by 4.42%
  • IVRCL pins hopes on 18 months SDR moratorium to bounce back
  • Bankers hint at lowering rates after Raghuram Rajan’s push
  • Chennai airport temporary shut down due to rains, water reaches runway
  • India Inc hails International Solar Alliance
  • Standard & Poor’s keeps Bharti Airtel’s rating unchanged post capex plan
  • AXA increases stake in Indian insurance joint ventures to 49%
  • ATF prices cut by 1.2%, non-subsidized LPG rate raised by Rs61.50
  • Institutional Shareholder Services changes stand, backs Maruti Gujarat plant project
  • Weak rabi prospects cloud Bayer CropScience outlook
  • Govt halts subsidy on CFL to encourage LED-based solar lights
  • Concerns rise about sustainability of record low solar tariffs
  • Motilal Oswal PE eyes ₹300 cr on exit from Mrs Bector’s Foods
  • Manufacturing output at 25-month low in Nov on poor new orders
  • FinMin sees GDP growth in “vicinity of 7.5%” this fiscal
  • FMCG firms drop prices, create smaller packs to lure rural India
  • TV18, CNN renew partnership

  • Sanofi supplies injectable polio vaccine to government
  • Cox and Kings sells UK unit to Hotelplan
  • KG Block: RIL may have pumped 15% of ONGC’s gas, says consultant
  • Benefits of IFRS would start to flow in 2018: Ian Mackintosh
  • HDFC invokes Mallya’s shares worth Rs 40 cr in USL
  • Yes Bank signs pacts worth $265 mn with US cos for SME lending
  • Bihar can replicate the Kerala model and not ban beer: Shekhar Ramamurthy

 

Today’s Wealth Mantra !

“Derivatives are financial weapons of mass destruction.”

-Warren Buffett

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Morning Business News Round up_November 27, 2015

Morning Business News :

 

  • Godrej Properties launches mixed-use development project ‘The Trees’ in Mumbai
  • Ashok Leyland bags $200 million contract from Cote D’Ivoire
  • Essar Oil: Finally, able to proceed with delisting
  • NMDC cuts iron ore price by 12.5%
  • Corridor development projects will help boost investment into the country’
  • USFDA extends time for Dr Reddy’s to respond on warning letters
  • Pipavav Defence plans to exit debt revamp package
  • Tata Motors sees growth from auto logistics
  • Solar power cos’ funding struggle slows transition to green tech
  • ACC plans to set up cement brick units
  • Mahindra conducts raids against fake auto spares in Pune
  • L&T Construction bags orders worthRs. 1,038 cr
  • Trai proposes radical changes in spectrum holding norms; suggests government keeps overall cap
  • Weak monsoon worries CEOs of FMCG like Britannia, Dabur; rural growth takes a hit
  • Indian Overseas Bank’s Rs 3,000 crore loans cleared in H1 under finance ministry scanner
  • ASCI upholds decision on ‘misleading’ advertisement by Bharti Airtel promoting 4G services
  • SRL Diagnostics may see exit of PE investors Avigo Capital, Jacob Ballas and IFC
  • Telenor ahead in race to snap up Videocon 4G; deal talks confirmed by Videocon

  • Mobile sector to account for 8.2 per cent of Indian GDP by 2020: GSMA
  • Harsh Goenka-led RPG Group to enter skin care segment
  • India adds 2,311 MW green power generation capacity
  • Hardy Oil & Gas in talks to buy RIL’s 90% stake in GS-01 block
  • Indian consumers more likely to switch brands, firms: Accenture
  • Fortis buys Religare Health Trust for $15 million
  • Incentivize long-term farm investment to reduce distress
  • Weak construction, real estate demand hurt Cera Sanitaryware
  • Banks to soon roll out pre-approved overdraft facility from ATMs
  • India among 5 fastest-growing markets with 275 million new air passengers
  • Govt gives shipyards more indirect tax sops
  • IDBI Bank strike on Friday to oppose privatization plans
  • VW to invest Rs.720 cr on new compact sedan for India
  • LED bulbs to be available for underRs.44 a unit soon: Piyush Goyal
  • Maharashtra state power utility shocks consumers with steep levy

 

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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