Retail News Round Up_Dec 01,2015

Retail News :

  • Nestle resumes Maggi production at all five plants
  • Fitness wearable brand Mio Global enters Indian market
  • Patel Logistics raises funds from Mauritius-based asset manager Frontline Strategy
  • Digital payments firm TranServ to roll out M-wallet with mVisa, RuPay
  • Quikr set to buy real estate portal CommonFloor.com
  • Tata Global launches instant coffee brand to compete with Nescafe, Bru
  • Kwality starts product sale under brand name ‘Kwality’

  • Yuvraj Singh promoted YouWeCan invests in brand licensing company Black White Orange
  • ZipGo launches bus service for women in Delhi NCR
  • YourStory acquires Papyrus Editor for a cash and stock deal
  • Tech in Asia to launch Indian version of its website
  • Myntra relaunching mobile site; more open approach than Flipkart
  • Alkem Labs to open IPO next week
  • Dr Lal PathLabs IPO to hit stock market next week
  • Rocket Internet backs online budget hotels booking startup ZenRooms
  • Altec Lansing Re-Enters India with a Range of ‘Everything Proof’ Speakers
  • Snapdeal Launches ‘Snapdeal Ads’ for Sellers; Attempts To Emulate Alibaba In Generating Ad Revenues
  • Bharti Airtel to Invest Rs. 60,000 Crores Over the Next 3 years to Improve its Mobile Services

 

Today’s Wealth Mantra !

“You get recessions, you have stock market declines. If you don’t understand that’s going to happen, then you’re not ready, you won’t do well in the markets.”

– Peter Lynch

 

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Morning Business News Round up_November 13, 2015

Morning Business News :

  • MSCI to include 14 China ADRs in EM index
  • US budget deficit widens to $136 billion in October
  • NRI deposits grow to $121.8 bn by 55% during April-September 2015
  • FDI reforms to revitalise India-UK ties
  • India bond ETF, bond index to launch in London
  • Green nod for Tata Steel’s Rs 185-cr Odisha project
  • Raghuram Rajan warns of global threat from easy money
  • September IIP slumps to 3.6%, October CPI rises to 5%
  • 7th pay panel’s draft report riddled with dissent notes
  • Private banks to gain with easing of FDI
  • UK, Indian cos to sign deals worth $13.7 bn
  • Call drops compensation to cost telcos Rs 200-cr a quarter
  • Parliamentary committee calls for one regulator for money pooling schemes
  • Alstom to supply 800 electric engines to Indian Railways

  • 60,000 Maggi WelcomeKits sold within 5 minutes of flash sale
  • Global gold demand hits more than 2-year high in Q3
  • Coal India invites global firms to set up washery in Jharkhand
  • Sterling hits 3-month high after Draghi’s comments drag euro down
  • SpiceJet posts Rs24 crore profit in Q2 on lower fuel prices
  • RBI staff plan strike on 19 November
  • Reliance Jio’s LYF phones miss Diwali launch, sale restricted to staff
  • FDI limit raised for TV channels
  • India, UK announce 9 billion pounds worth of deals
  • Swachh Bharat cess to be levied on portion of taxable service
  • Over 4,660 tons seized pulses offloaded in open market: Govt
  • Indiabulls Housing to buy 40% in UK bank for $100 mn
  • Pragati Maidan makeover on anvil; to cost around Rs 3K cr
  • DGCA allows airlines to roll out zero baggage charges
  • Easing of FDI norms to support investment, GDP growth
  • LIC Nomura launches ETF Sensex, eyes to mop up Rs 200 cr
  • Mkt investors poorer by Rs 4.4L cr so far this fiscal
  • Honeywell plans to grow twice the rate of India’s GDP
  • Cos listed on VSEL to move on BSE dissemination board
  • Sebi lifts curbs on Tea Time in public holding norms case

Morning Business News Round up_October 20, 2015

Morning Business News :

  • S&P Retains India’s Rating At BBB-, Rules Out Upgrade
  • Govt Hikes Import Duty On Wheat To 25% From 10%
  • Govt To Import 3k Tonnes Of Pulses To Contain Prices
  • Dot May Conduct Audit Of Telcos From 2008 Onwards
  • R Rajan Slams IMF For ‘Applauding’ Easy Money Policies
  • Care Ratings Lowers India’s GDP Forecast To 7.5-7.6% In FY16
  • Tata Comm Eyes Acquisitions To Improve Product
  • Walmart Paid Millions In Bribes In India: WSJ

  • RBI To Provide More Bank Licences, Says Mundra
  • Maggi Manufacture, Sale Allowed In Karnataka
  • Power Ministry Proposes Compensation At 85% Of Land Value For Tower Base Area
  • Indigo To Retire Rs 1,166 Cr Debt From IPO Proceeds
  • Infosys To Acquire US-Based Noah Consulting For $70 Mn
  • Telangana Government, Cement Firms In Talks Over Supply Pricing
  • Gujarat Lifts Ban On Sale Of Maggi
  • PFRDA To Seek Tax Exemption For NPS At Withdrawal Stage
  • HCL Technologies Q1 Net Profit Dips 2.7% To Rs. 1,823 Cr
  • L&T Supplies First Parts Of Cryostat For ITER Facility
  • Reliance Jio Likely To Delay Its December Pan-India Launch
  • Indigo IPO To Hit The Market On 27 October
  • Square Yards Acquires Creative Design Studio Oryden Tech Labs
  • Morgan Stanley Profit Plunges 42% As Trading Revenue Slumps
  • PNB Housing Finance Plans Rs2,500 Crore IPO
  • Sensex Gains For Third Day, Nifty Closes At 8,275; Reliance Industries Surges 5.5%
  • Ultratech Q2 Net Up 3%, Expects Demand To Pick In H2 FY16
  • Middle East Set To Become World Leader In Internet Devices
  • Coal Imports Decline By 27% To 12.6 Million Tonnes In September
  • Options Get Boost As Stakes Increase In Derivatives
  • REC Plans To Garner Rs 700 Cr Via Tax-Free Bonds
  • India At Rock Bottom In Global Pension Index
  • Pimco Assets Stabilize A Year After Bill Gross’s Surprise Exit
  • IBM Revenue Missed Even The Most Pessimistic Estimates