Retail News Round Up_Feb 17,2016

Retail News :

  • Walmart eyes $300-mn investment by 2020; to open 19 new stores
  • com to acquire online payments company Emvantage Payments
  • Global diamond industry urged to spend $200mn
  • Luxury League hosts ‘Global Design and Innovation Session’ for Make in India week
  • Brands make micro-nutrient value addition to get closer to customer and compliance
  • PNB declares United Breweries Holdings ‘wilful defaulter’
  • Make In India: Investments on hold, but Siemens is bullish on long term opportunities in India
  • Sustainability not size is the new mantra for investors of startup ecosystem
  • MylesPartners Zomato for Hunger Drive
  • After Flipkart, Myntra Too Admits Their App-Only Mistake; Officially Announces Mobile Site Relaunch
  • Indian Company to Launch World’s Cheapest $7 Smartphone!

 

“Success is a state of mind. If you want success, start thinking of yourself as a success.”
-Joyce Brothers

 

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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

Apple Store-001

 

“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_Feb 15,2016

Retail News:

  • Snapdeal raises $200 million funding round from Ontario Teacher’s Pension and others and now valued at $7.5 billion
  • Amazon sets up dedicated ‘Make in India’ online stores in India & United States
  • AV Birla Group rolls out 2x2x2, a new policy for senior appointments
  • Ratan Tata on a investment spree; funds retail technology startup SnapBizz
  • Sterlite, Coke, Raymond commit over Rs 21,400 cr in Maharashtra

  • Make in India: ITC to invest Rs 800 crore in Odisha for hotel, food park
  • Online portals record rise in customers from non-metros
  • ITC Aiming for Pole Position in Fragrance Biz
  • Rasna chairman Piruz Khambatta named ambassador for Make in India
  • Asian food brands make a home in India
  • Anil Agarwal to set up Indias first LCD panel plant
  • CareOnGo forays into e-commerce healthcare platform
  • Rising spectre of cybercrime in the pharmaceutical sector
  • Govt Launches Dedicated Website For Indian Handloom Products
  • Rediff’s cash reserves at Rs 32.2 crore; Shares may be delisted in two quarters
  • ZipGo launches petition to help reinstate service
  • Budget Expectations 2016: Online Service Tax Relief, GST, IPO Policy support & more

 

“There are opportunities for all of us, we just have to open our eyes and hold ourselves completely accountable”

– K. Abernathy

 

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Retail news Round Up_Feb 04,2016

Retail News :

  • After Paytm and Snapdeal, Flipkart on Alibaba’s radar
  • Samsung may queue up behind Apple for single-brand retail licence in India
  • Amazon plans to open up to 400 bookstores, says mall operator
  • Loaded with seed fund, Kalaari plans a convertible ride
  • Wal-Mart to add 10 wholesale stores in Karnataka

  • DIPP to launch startup contest in partnership with Qualcomm
  • OLX India announces new senior leadership appointments
  • Lendingkart ties up with Voonik for easy loans to merchants
  • Future Group opens 217th Big Bazaar outlet
  • Smartphones, PCs and TVs to cost more on falling rupee
  • Deal signed to churn out merchandise based on movie Baahubali
  • Amazon Debuts Amazon Now, a Hyperlocal Delivery Service, in Bangalore
  • Samsung to invest upto $1 billion in Uttar Pradesh; Sony will start manufacturing as well
  • Ford will open Rs 6000 crore factory in India
  • Foxconn, SoftBank and Bharti to invest $20 billion in Solar Energy
  • Foxconn will create 10 lakh jobs in India and manufacture iPhone
  • Huawei gets permission to start manufacturing
  • LG announced Rs 1000 crore investment for domestic manufacturing
  • Hero Group to manufacture electronics products in India
  • Microsoft and Motorola will start local manufacturing
  • Gionee will kickstart local manufacturing of their phones

  • Lenovo will manufacture smartphones in India
  • Airtel will make Make in India set-top boxes
  • Japan to establish 11 industrial townships & double their investment
  • Rs 4.5 Lakh Crore investments pledged during Digital India week
  • Lava to invest Rs 2615 crore in India
  • Foxconn commits investment of Rs 31000 crore in Maharashtra
  • Xiaomi to start manufacturing at Sri City
  • Phicomm to invest Rs 6300 crore in India
  • ICICI Bank launches robotic locker made under Make in India
  • Toyota to invest Rs 1000 crore
  • Ericsson to start their 2nd unit
  • Oppo will start manufacturing in India
  • Sony Will Manufacture Xperia Phones in India
  • Aricent Will Invest $500 Million
  • Dell May Invest in Smart Cities
  • Siemens will invest €1 billion and create 4000 jobs
  • Gionee Partners With Foxconn and Dixon for local manufacturing
  • Asus Pledges Alliance With Make in India
  • Gionee launches their first Make in India smartphone
  • Make in India research project initiated; annual corpus of Rs 250 crore provided
  • Make in India Vision Propels Manufacturing Sector To New Heights; Now, Boeing To Invest Billions of Dollars In India

Boeing Make in India

 

“Leadership is a potent combination of strategy and character,But if you must be without one, be without the strategy.”

Norman Schwarzkopf

 

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Morning Business News Round up_December 17, 2015

Morning Business News :

  • Lower Inflation Result Of Reforms, Global Oil Prices
  • Govt Approves Coal Auction For Gasification
  • Government Hikes Import Tariff Value On Gold
  • Rel Infra Buys 17% Stake In Pipavav For Rs 850 Cr
  • NHAI To Raise Up To Rs 1,000cr Via Bonds
  • ‘Make In India’ Has Tremendous Impact On Investments

  • Motor Insurance To Cost Up To 15% More In Metros
  • Govt Approves Revised BIT Model, Excludes Tax Matters
  • US Fed Hikes Rate By 25 Bps For First Time Since June 2006
  • RBI Accountable To Disclose Information Under RTI Act: SC
  • Cabinet Allows States To Mine & Sell Coal, Ends Monopoly Of Centre
  • Improved RS Numbers By Budget Session Give Govt Hope For GST
  • Gujarat Declares Rs 110 Per 20 Kg Bonus For Cotton Farmers
  • World Bank Approves $1.5 Billion To Support India’s Universal Sanitation Initiatives
  • Govt Hikes Excise Duty On Petrol, Diesel
  • SAT Sets Aside SEBI’s Rs. 13-Cr Penalty On Reliance
  • PE Deals Touch Record High Of $17.5 Bn This Year
  • Reliance Jio Plans Limited Launch Of 4G In Mumbai: Bofa-ML
  • Cabinet Approves New Bilateral Investment Treaty Model
  • Real Estate Brokers Tie Up With Online Furniture Rental Service
  • SC Order Deals Another Blow To Diesel Engines
  • Govt To Soon Allow Auto Makers To Make Ethanol-Fuelled Vehicles
  • M&M Will Comply With Diesel Stipulations: Anand Mahindra
  • Blackstone Buys Minority Stake In IBS Software For $170 Mn
  • NSE Subsidiary Develops Indices For Tata, Aditya Birla, M&M
  • Dot Clears Path For Merger Of Vodafone India Entities
  • Sensex, Nifty Extend Gains For 3rd Day In A Row
  • India To Be Bigger Market Than US For Google In 2016: Pichai
  • SC’s Ban On Diesel Vehicles In Delhi: 5 Worst-Hit Cars
  • TCS Bags Multi-Million Dollar Deal From Lufthansa
  • Govt To Unveil Policy For Flexi-Fuel Vehicles In Jan: Nitin Gadkari
  • GST Rate To Be Much Less Than 18%: Jaitley
  • Tax Reforms To Help India Get Rid Of Tax Terrorism Tag
  • Realty Market Regains Favour Of Foreign Investors: Pwc
  • Wipro Says Chennai Floods To Hit Dec Quarter Earnings
  • Fiscal Deficit Target To Be Met Without Budgetary Cuts

Today’s Wealth Mantra !

“Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market.”

-Ron Chernow

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Morning Business News Round Up_Dec 03,2015

Morning Business News :

 

 

  • MSCI Asian stocks are standing tall, but Indian peers wilting
  • Flipkart suffers Rs 2,000-crore wound in bruising discount war
  • Paytm and ICICI Bank to offer virtual prepaid cards
  • M&M recovery rides on economic revival
  • Major rejig at Samsung, slowest growth in 10 yrs
  • Dr Lal PathLabs, Alkem big hits in the grey market
  • Financial products better investment tools, says Jayant Sinha
  • Highway developers to get equitable annuity payments
  • Make in India boost: Government exempts shipbuilding inputs from customs, excise duties

  • DIPP likely to back ecommerce companies in legal tussle with footwear firms
  • Government may consider selling off Scooters India
  • Government may slap Rs 32 crore penalty on Volkswagen
  • CIL’s 3.25 MT capacity project in Maharashtra to start by month-end
  • Tata’s tie-up with ICBC will not impact SBI: says Arundhati Bhattacharya
  • Natco Pharma suspends work at Chennai plant due to flood
  • Oyo Rooms looks to buy rival Zo
  • Janet Yellen signals US interest rate hike not far away
  • Ramdev’s Patanjali eyes a bigger bite of consumer goods pie with ad blitz

  • Narendra Modi remains a popular Prime Minister with 74% approval rating
  • Raghuram Rajan gives rupee bond bulls confidence to forecast end of rout
  • Wipro buys German firm Cellent for $78 mn
  • PVR’s acquisition of DLF’s DT Cinemas faces CCI concerns
  • Sun Life Financial to increase its stake in Birla Sun Life Insurance from 26% to 49%
  • Tata Steel refinances $1.5 billion worth of loans
  • Bad loans may rise for Shriram Transport Finance
  • Manipal Hospitals to tap IBM’s Watson for superior cancer care
  • Insurers may take ₹2,000-cr hit from Chennai floods
  • SEBI will not force MF industry to reduce agents commission: Chairman
  • Fund-raising plan to steer GMR Infra forward
  • Allahabad Bank to decide on insurance arm
  • Bajaj Auto bike sales rise 3% in November; exports take a hit
  • Little gas left at two ONGC blocks; fuel flows to RIL
  • Asset sale may fetch Bhushan Steel Rs 3,000 cr
  • Bharti Airtel Doubts on Project Leap
  • Mutual funds pump in Rs one-lakh crore in equities in 18-months

 

Today’s Wealth Mantra !

“Every portfolio benefits from bonds; they provide a cushion when the stock market hits a rough patch. But avoiding stocks completely could mean your investment won’t grow any faster than the rate of inflation”

-Suze Orman

 

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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 07, 2015

Morning Business News :

  • China, US Federal Worries To Keep Markets On The Edge
  • Make In India Push: Modi Government Keen To Scissor Red Tape To Attract FDI
  • Yuan Devaluation, Fed Impact Transient; Real Economy Matters: Jaitley
  • Saudis May Follow UAE, Cut Fuel Subsidies: Report
  • Gender Parity In Workforce Can Boost India’s GDP By 27%: Lagarde
  • New Poll Shows UK Would Vote To Leave EU
  • Coal Output On A High But Demand Dries Up
  • Competition Norms Compliance Can Prevent Bad Days For Firms: CCI
  • Call Drops: TRAI To Float Paper On Quality Of Service By Cellular Operators
  • Textile Industry Wants Govt To Extend Garment Export Benefit Further
  • Big Opportunity In Small & Payment Banks For IT Firms: Nasscom
  • EPFO Likely To Raise Maximum Insurance Cover To Rs 5.5 Lakh
  • Govt Pursuing Loans From ADB, World Bank For Smart Cities
  • Govt Tightens Norms For Import, Transport Of Ammonium Nitrate
  • AMFI To Tweak MF Ranking Process, Cut Expense Ratio
  • Aurobindo, Hetero, Rane, Coca-Cola Among 16 New Units Approved In TS
  • BSE To Launch Roll-Over Facility In SLB On Monday
  • Amara Raja To Commission Tubular Battery Plant In Chittoor By Dec
  • G20 Seals Currency Peace Pact As China Sets Out Bubble Cleanup
  • Idea Cellular Seeks Shareholders Nod For Raising Up To Rs10,000 Crore

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  • Bombay High Court Reduces Number Of Maggi Noodles Samples For Test
  • Sahara Mutual Fund Struggles To Find Buyers
  • Wockhardt To Enhance R&D Capabilities In Drug Innovation: MD
  • Fpis Dump Shares Worth Rs 4,000 Cr In Just 4 Trading Sessions
  • Top 10 Sensex Companies See Rs 84,209 Cr Erosion In M-Cap
  • Finance Ministry May Introduce MUDRA Bill In Budget Session
  • Diageo May Not Be Able To Recover $135 Mn Loan From Vijay Mallya Firm
  • China Slowdown, Fed Decision Keep Markets On Tenterhooks
  • Mfs Ask Investors To Look At Short, Medium Term Bond Funds
  • Precious Metals Await FOMC Meeting Outcome
  • Excess Production, Fall In Commodity Markets Push Sugar Price To New Low
  • RIL Tests Presence Of Natural Gas In Contentious Discoveries

 

Retail News Round Up_Aug 19,2015

Retail News :

  • Snapdeal raises Rs 3,259 crore from Alibaba, Foxconn and SoftBank
  • Home utility firm Bonita in talks to raise Rs 30 cr
  • Santosh Desai to acquire 30% in brand strategy firm DY Works
  • eBay cuts stake in Snapdeal and Foxconn unit invests $200 million
  • Flipkart, PepperTap Using Pine Labs Solution for CoD Transactions
  • Make In India: Lenovo-Motorola starts making smartphones at Chennai plant
  • MakeMyTrip Launches Train-Booking App Supporting 5 Vernacular Languages

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Retail News Round Up_Aug 06,2015

Retail News :

  • Airtel’s Mobile Internet Revenues Up 68% Year On Year To Rs 2647 Crore
  • Tv Today Broadcast Biz Revenues Down 4% Yoy To Rs 124.65 Cr
  • Rural Internet Users, Local Content To Drive Growth In User Base: Iamai
  • Airtel Money Africa’s Total Transaction Value At $3.33b In Q1-Fy16
  • Zeotap Secures $6.4m From Capnamic Ventures, Iris Capital & Others

  • Way2news App Launched News Snippets In Telugu, Hindi & English
  • Taxiforsure Shuts Down As Independent Brand Will Continue As Ola In 22 Cities
  • Rbi To Raise Spending Limits On E-Wallets
  • Sony, Thompson To Resume Manufacturing In India After A Decade Under ” Make In India “
  • Samsung To Invest Upto $1 Billion In Uttar Pradesh; Sony Will Start Manufacturing As Well
  • Ford Will Open Rs 6000 Crore Factory In India Under ” Make In India “
  • Foxconn, Softbank And Bharti To Invest $20 Billion In Solar Energy
  • Foxconn Will Create 10 Lakh Jobs In India And Manufacture Iphone
  • Lg Announced Rs 1000 Crore Investment For Domestic Manufacturing Under “Make In India “
  • Hero Group To Manufacture Electronics Products In India
  • Microsoft And Motorola Will Start Local Manufacturing Under “ Make In India “
  • Gionee Will Kickstart Local Manufacturing Of Their Phones Under “ Make In India “
  • Lenovo Will Manufacture Smartphones In India Under “ Make In India “
  • Airtel Will Make Set-Top Boxes “Make In India “
  • Japan To Establish 11 Industrial Townships & Double Their Investment
  • Rs 4.5 Lakh Crore Investments Pledged During Digital India Week
  • Lava Pledges Investment Of Rs 2615 Cr To Scale Up Production To 18 Million Units Per Month

 

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