Retail News Round Up_ Jan 21,2016

Retail News :

  • Companies like Pepsi, Wal-Mart, McDonald’s victim of illegal domain names
  • Etailers, startups leased 4.3 million sq ft office space in 2015: CBRE
  • With a new CEO and strategy, the desktop is back at Flipkart
  • FirstCry becomes Ratan Tata’s fourth investment in 2016

  • Freecharge eyes Rs 20,000 crore business next fiscal
  • Maharashtra gives in-principal nod to retail trade policy
  • Amazon expands its global selling service
  • Paytm in talks with ICICI for banking and insurance ventures; also in talks with Citibank
  • Alibaba determined to inject optimism despite a faltering Chinese economy
  • India Post opens counters in Gurgaon and Faridabad for eBay India sellers
  • Adidas eyes 20% revenue from own stores
  • Yoga guru Ramdev eyes Maharashtra forests for Patanjali’s ayurveda products
  • Drew Barrymore to turn international retailer for her beauty brand
  • Mahindra Retail to bring US brand Carter’s to BabyOye chain
  • FSSAI directs state food safety commissioners to implement new norms on additives

 

“Price is what you pay; value is what you get.’ Whether we’re talking about socks or stocks, I like buying quality merchandise when it is marked down.”

-Warren Buffett

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Retail News Round Up_Dec 29,2015

Retail News :

  • Snapdeal to invest in logistics to speed up delivery
  • Flipkart unveils global brand licensing for Indian sellers
  • New lingerie entrant Hunkemller to have four stores in Indian by end-March
  • Voylla in talks with Aditya Birla Group, Reliance Retail to sell its fashion jewellery

  • Bengaluru-based grocer Town Essentials raises $1 million in fresh round of funding
  • PVR launches 9-screen multiplex, largest Gold Class and IMAX
  • Bengaluru central prison inmates to open a bakery outlet at Infosys campus
  • Amway sets up Rs 550-crore manufacturing plant in Tamil Nadu
  • Wonderchef plans to go overseas by the end of this decade
  • Flipkart Starts Selling Bikes & Cars Now. Pilot Project Live At Bengaluru
  • For The First Time IRCTC Train Tickets To Be Sold Via ICICI Bank Website; Mobile App

 

“Basically we get confused a bit about what retail is. It is really just buying things, putting them on a floor and selling them”

– Gerry Harvey 

 

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Retail News Round Up_Dec 04,2015

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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Morning Business News Round up_November 25, 2015

Morning Business News :

  • ANG Industries gets order from Ashok Leyland (AL)
  • Cybertech Systems wins 139.5m-rupee contract
  • Gammon India Lenders invoke debt restructuring
  • Goa Carbon Paradeep plant shut for maintenance
  • Grindwell Norton strike at Bengaluru plant withdrawn
  • ICICI Bank Investment Technology Group, ICICI Securities to offer POSIT alert services
  • IG Petrochem to consider new business opportunity on Nov. 25
  • Just Dial approves buy back of 1.06m shrs at 1,550 rupees each

  • Kesoram Ind to make car tires, revive Odisha plant: DNA
  • Lanco Infra to invest $350m for solar panel factory in Chhattisgarh state
  • Lupin sued by Vanda over application for generic Fanapt
  • Max India to sell 23% more stake in health insurance JV to Bupa
  • MRF to set up 9b-rupee plant in Telangana: Business Line
  • Petronet Yet to sign any agreements w/ Rasgas
  • SpiceJet Chairman says the best performing airline stock in the world remains undervalued
  • Tata Power Among cos. that submitted pre-qualification applications for Zambia solar projects
  • Trigyn Technologies wins contract from Louisiana state
  • Wipro to get at least $100m more orders as BP expands deal: ET
  • Wockhardt Price-control authority exempts 3 insulin drugs

 

Today’s Wealth mantra !

“Price is what you pay. Value is what you get ”

-Warren Buffett.

Retail News Round Up_Oct 14,2015

Retail News :

  • Flipkart sells over 10 lakh products in 10 hours
  • Top e-commerce start-ups spend Rs1,200 crore on TV ads in Sep quarter
  • Most drugstores closed today to protest online sale of meds
  • Facebook pushes shopping features in move towards e-commerce
  • ICICI Bank’s Money2World allows non-bank customers to remit money overseas
  • Dell buys EMC which is twice its size for $67B
  • 4G Launch: Vodafone in Mumbai by Dec, Tikona in Over 30 Cities by 2016
  • Ford Opens Rs 6000 Cr Factory In India As Part of Make in India Vision
  • MakeinIndia OnePlus To Start Local Production in India With FoxConn

 

Retail News Round Up_Oct 13,2015

Retail News :

  • CashKaro targeting over Rs 300 crore in GMV
  • Pepe plans to raise India marketing spend by 20%
  • LVMH fashion and leather sales growth slows in Q3
  • Burger King partners Scootsy for home delivery
  • INOX partners wtih SAP to integrate back-end operations and facilitate customers
  • Mars International launches pet food brand ‘Eukanuba’ in India
  • To Stop Physical Publishing of 3.5Cr Pages Of Gazette Notifications; Moves To ePublishing on Massive Scale
  • ISRO Will Launch India’s Own Satellite Navigation: IRNSS; Will end American Monopoly Of GPS

 

Morning Business News Round up_September 01, 2015

Morning Business News :

  • GDP Growth Dips To 7% In Apr-June: Experts’ Take
  • July Core Industries Growth Slows To 3-Month Low
  • RBI Identifies SBI And ICICI Bank As Systemically Important Banks In India
  • August Records Monsoon Deficiency Of 22%
  • Govt Allows RIL To Sell LPG To Private Marketers
  • Oil Falls Back Below $49 As Glut, China Concerns Weigh
  • CBDT Issue Guidance Notes On FATCA Implementation
  • Investors Turn Wary Over Jpmorgan Redemption Cap
  • India Inc Borrows Less Via Ecbs Due To Volatile Rupee
  • April-July Fiscal Deficit At 69% Of Annual Target
  • Suzuki Motor To Buy Back Volkswagen Stake As Court Settles Feud

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  • Petrol Price Cut By Rs 2/Ltr; Diesel By Rs 0.50
  • Govt To Soon Allot 62 Offshore Mineral Blocks For Mining
  • HDFC Bank Cuts Base Rate To 9.35%
  • Axis Bank Cuts Deposit Rates By 50 Bps
  • August Sees Highest Monthly FII Outflow Ever
  • India Pitches For Rating Upgrade By S&P On Strong Macroeconomic Data
  • Liquidity Enhancement Schemes For Etfs From Sept 15
  • One Month To Go For US Deadline On ICD-10 Medical Coding System
  • Godrej Makes Open Offer To Buy 26% More In Astec Life At Rs. 246.6/Share
  • Strides Completes Acquisition Of Aspen’s Generic Biz In Australia
  • PSU Banks Must Use Govt Capital To Expand Balance Sheets: RBI Official
  • Sebi Wants MF Players To Be Prudent While Putting Money In Corporate Bonds
  • DII Investment In Stocks In August Highest In Over Six Years
  • JSW Energy In Talks To Recastrs.6,000 Crore Debt Under 5/25 Scheme
  • Punj Lloyd Wins Rs1,094 Crore Contract From Indian Oil
  • ITC To Enter Dairy Market With Ghee
  • Sensex Ends 109 Points Down At 26,283, Nifty Closes Below 8,000;
  • Analysts Slash BSE Sensex, NSE Nifty Targets Citing Earnings Recovery Delay
  • Japan Factory Output Turns Down In July As China Demand Slumps
  • US Extends Anti-Dumping Duty On Indian Preserved Mushrooms For Five Years
  • Hope RBI Takes Note Of Low Inflation, Oil Prices: Jaitley
  • L&T Wins Rs 1.5k Cr Water Supply Project
  • Govt Plans To Amend RBI Act By Feb To Set Up Monetary Panel
  • Reliance Group To Expand Business Cooperation With Qatar