Retail News Round Up_March 18,2016

Retail News :

  • DLF sells Saket shopping mall to subsidiary for Rs904 crore to streamline and monetize its existing assets Livemint
  • Kotak Mahindra Capital and ICICI Securities exit Infibeam IPO over pricing disagreement
  • Statistics Ministry planning to include ecommerce in calculation of CPI
  • Flipkart arm Ekart ties up with Apollo Pharmacy for delivery and pickup services
  • Nike unveils its first self-lacing sneaker
  • Kalyan Jewellers to open 7 showrooms in Qatar
  • HUL sells off its rice brands to LT Foods
  • Xiaomi goes Apple way, seeks 30% local sourcing relaxation in retail application
  • Amazon Was In Talks With Flipkart for a Possible Acquisition
  • HDFC Bank Launches SmartUp – A Banking Solution Specifically For Startups
  • Paytm targets seller base of 5 lakh by FY17-end
  • Mobikwik goes hyperlocal, launches ‘Explore Nearby ‘

 

“Plenty of people miss their share of happiness, not because they never found it, but because they didn’t stop to enjoy it.”

– William Feather

 

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Retail news Round Up_ Jan 06,2016

Retail News :

  • K Raheja Group to invest around Rs 525 crore in next 3 years
  • Qwikcilver eyes Rs 2,000-crore gift cards by March-end
  • Muthoot Exim launches gold recycling centre in Kolkata
  • Pizza Hut is unleashing a competitor to McDonald’s and KFC

  • B9 Beverages raises $6 million in series A funding
  • 45 Indian entrepreneurs in Forbes list of achievers under the age of 30
  • Tata invests in analytics co Tracxn
  • LuLu group offers Rs.1,000 crore investment in Lucknow
  • OnePlus Reveals Spare Parts Prices, A First in Smartphone Industry
  • Facebook releases new set of responses in support of Free Basics
  • MobiKwik opens Power Wallet API to all retailers
  • Uber launches carpooling for private car drivers in Bangalore
  • Grofers stops operations in nine Tier II cities

 

“A girl child who is even a little bit educated is more conscious of family planning, health care and, in turn, her children’s own education.”

-Azim Premji

 

Retail News Round Up_Dec 09,2015

Retail News :

  • Flipkart to arrange easy working capital loans for vendors to ensure loyalty
  • Ronnie Screwvala 1st investment in food tech startup Yumist
  • Rocket Internet’s Lazada to double Southeast Asia warehouses amid e-commerce boom
  • MobiKwik partners with IRCTC to allow booking ticket through its wallet
  • Dabur India launches sugar-free Chyawanprash
  • Havells to dilute majority stake in Sylvania to focus on domestic market
  • Vodafone launches 4G services in Kochi
  • AskmePay launches working capital loan program for its SME partners
  • Meru Cabs ties up with Indian Oil to drive its carpooling feature
  • Alibaba launches SMILE program for SMEs, Its Hindi version coming soon

 

Today’s Wealth Mantra !

“An investment in knowledge pays the best interest”

-Benjamin Franklin.

 

 

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