Retail News Round Up_ Jan 28,2016

Retail News :

  • Coca-Cola initiates talks with IPL teams to sponsor them as rival Pepsi is out
  • Ecommerce firms like Snapdeal, Flipkart go all out to woo merchants for their platforms
  • P&G grows just 2% in India in October-December quarter after exiting few low margin segments
  • Snapdeal plans to cash on ‘flash sales’ model in 2016
  • Non-IT firms like Jindal Steel, Godrej seek people with domain expertise to enhance digital presence
  • Gifting company Giftxoxo acquires Actizone
  • Kalyan Jewellers will hit the 100 showroom mark by FY17 end
  • Foodpanda finds no takers even at $10m price tag

  • Tailorman to enter Hyderabad, Mumbai and Delhi this year; targets touching 40 stores
  • First State Investments Management picks up stake in Marico for Rs 184 crore
  • Daily Ninja in talks to raise fresh round of funding within two months
  • FDA fines 4161 for violation of COTPA
  • Labour Ministry to move cabinet note for consultations on model Central Shop and Establishment Act
  • PayPal’s revenue beats Street view on higher transactions, customers
  • Start-up-India plan can translate the country from job-seeker to job-creator: T V Narendran
  • LeEco Expands to 300 towns in India with 555 Service Centres
  • 700 Indian Startups Plea To PM Modi,Save Net Neutrality In India and WikiMedia Says No Association With Free Basics

TRAI’s Response to Multi-Million Dollar Free Basic Campaign Will Restore Your Faith in Govt Agencies!

 

“It is a well-known fact that bringing in technologies in retail sector is good for consumers.”

-N. R. Narayana Murthy
Demat_Offer

 

Today’s M & A Deals_October 16,2015

  • Giftxoxo acqui-hires leisure activities planner Yipeedo
  • News curator Inshorts buys analytics platform Retention.ai
  • Eros acquires UK’s PingTune for music messaging play
  • Rewards app Bounty gets seed funding from Fireside, others
  • Apple faces $862M payout in patent lawsuit