Retail news Round Up_April 28,206

Retail news  :

  • Jabong parent, GFG, raises EUR 300 million in fresh funding
  • Alibabas Jack Ma overtakes Wandas Wang Jianlin as Asias richest man
  • KFC going to use robot to serve customers in Shanghai
  • B2B ecomm platform Industrybuying introduces EMI features through Innoviti
  • Nestle agrees on ice cream joint venture with UK’s R&R
  • Inox Leisure swings to profit, reports Q4 net of Rs 16 crore
  • Skechers, Kiko get nod for single brand retail
  • Govts plan to ban all tobacco FDI to hit GPI
  • Snapdeal Diversifies Further: Users Can Now Book Bus, Flight Tickets, Order Food!
  • BlackBerry Launches BBM Money Transfer Service in India
  • LeEco Eyes Make In India With In-House R&D and Manufacturing Units
  • Vodafone India completes acquisition of YOU Broadband
  • Yatra to aggregate cabs from aggregators & car companies
  • Ant Financial raises $4.5B to invest in infrastructure
  • Hello Curry acquires meal-box delivery startup The First Meal
  • ClearTax secures $1.3M from individual investors
  • Arré raises funding from Enam Holdings; Ronnie Screwvala exits

 

 

“Success is never final,failure is never fatal its courage that counts”

-John wooden

 

 

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Retail news Round Up_ Feb 10,2016

Retail news :

  • Senior executives at Paytm selling their shares to tech titans at a premium
  • Nestle to bring back chicken variant of Maggi on Snapdeal
  • Government mulling 100% FDI in market place model of ecommerce
  • Brick-and-mortar retail stores in revival mode as online sellers avoid deep discounts

  • Amazon plans to launch global shipping and logistics business
  • Budget 2016: Government may end excise exemptions for some grocery items in preparation for GST
  • Walmart to sign 3 pacts with Telangana government to expand presence
  • Amazon plans to offer loans to Indian sellers
  • Flipkart inks exclusive partnership with Kalyan Jewellers
  • India Bullion & Jewellers Association not to support strike call by All India Gem & Jewellery Trade Federation
  • H&M to expand presence in north India
  • US Apparel brand Urban Factory enters India on its own
  • Packaged goods to get costlier on increase in agri-commodity prices
  • Swedish furniture giant IKEA likely to invest in Mizoram
  • Urban Ladder to expand modular solution business in 2016
  • Government eases duty norms for imported goods for exhibition
  • IRCTC & Chaayos Partner to Bring 25 Varieties of Chai & Snacks Straight to Your Train Seat

 

“Success in business requires training and discipline and hard work. But if you’re not frightened by these things, the opportunities are just as great today as they ever were.”

-David Rockefeller

 

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Retail News Round Up_ Jan 14,2016

Retail News :

  • Amazon India pedals for greener world, delivers packages under 5km radius by bicycle
  • Walmart plans tieups with online retailers
  • Indra Nooyi becomes Yale’s biggest alumni donor
  • Nestle is being sued for allegedly using child slaves on cocoa farms
  • Godrej Appliances lines up more products under NXW brand
  • Narayana Murthy says Start Up India to boost entrepreneurship, jobs
  • Young entrepreneurs raise clamour for invite to PM Modi’s Start Up India action plan
  • Startups are now swearing by crowdfunding platforms like Grex and Equity Crest to raise money
  • PayU launches payment splitting solution for online marketplaces
  • TravelKhana and IRCTC tie up for meals on trains
  • Orange to buy Airtel’s operations in Burkina Faso and Sierra Leone
  • IndusInd Bank ties up with PayU to launch digital banking for its users

 

“WE KNOW WHO OUR CUSTOMER IS AND WE’RE A COMPANY STANDING FIRM WITH OUR POINT OF VIEW.”

– RALPH LAUREN, CEO, RALPH LAUREN

 

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Morning Business News Round up_December 16, 2015

Morning Business News :

  • Fed Begins Two-Day Meeting To Decide On Rate Hike
  • Direct Tax Mop Up Shortfall To Be Rs 40Kcr This Fiscal
  • More Rate Cut By RBI Unlikely This Fiscal: India Ratings
  • Quoting PAN For Cash Payments Over Rs 2L Mandatory
  • Sebi Chief Asks Bankers To Promote Startup Listing
  • Nestle Moves SC Against Order On Maggi Samples
  • Welspun Group To Hive Off Yarn-Spinning Biz For Next Gen
  • Exports Fall For 12th Straight Month, Down 24.43% In Nov
  • LIC HFL To Acquire 19% Stake In LIC Nomura Mutual Fund AMC
  • ICRA Downgrades Outlook On United Bank Of India’s Rating To “Stable”
  • OPEC Expects Oil Prices To Rebound From $35 Per Barrel In A Year
  • Monetary Limit For Filing Appeals In Tax Cases Raised
  • Jaitley Appeals To Congress Leadership For GST Support
  • Indian Cos May Again Have To Pay Special $2,000 Fee On H-1B
  • Petronet To Offer Value-Added Services At Kochi Terminal
  • 80% Chance For Global Economic Recession In 2-3 Years: Birla Sun Life
  • Kenya To Roll Out Tax Incentives To Lure Investments
  • US Rate Hike May Pose Risks To Some Emerging Markets: Moody’s
  • Petrol Price Cut 50 Paise/Litre, Diesel 46 Paise/Litre
  • Softbank Venture Wins First Solar Power Project In India
  • Australia Court Rejects Bid To Stop Adani Coal Mine
  • L&T’s Infra Arm Receives Rs1,000 Crore From Canadian Pension Fund
  • General Motors India To Recall Over 1 Lakh Units Of Beat Diesel

  • Sensex Surges 170 Points Ahead Of US Fed Meet, Nifty Settles At 7,701
  • Paris Deal Window Dressing As India To Double Coal Production
  • General Electric Sells Japan Lending Unit For $4.8 Billion
  • Outflows To Go Up As Arab Swfs May Pull Out More: Credit Suisse
  • Rs 19k Cr Cleared For Amrut, Rs 250k Cr For 85 Smart Cities
  • Fortum To Light Up MP Village With Solar Energy
  • United Bank Seeks To Raise Up To Rs 1500 Cr Via Pref Issue
  • Natco Gets DCGI Nod To Launch Hepatitis C Drug In India
  • Dell Could Buy Back At Least $3b In Vmware Tracking Stock
  • Equity Mfs Give Investors An Edge Over Inflation

Today’s Wealth Mantra !

“Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception.”

-George Soros

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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_December 01, 2015

Morning Business News :

  • IMF approves yuan for benchmark currency
  • India’s GDP growth at 7.4%: Experts’ take
  • April-Oct fiscal deficit touches 74% of full-year target
  • Morgan Stanley to cut up to 25% of fixed-income jobs
  • Manappuram Finance to raise Rs 2,000 crore via NCDs
  • Natco shareholders approve amalgamation of subsidiary with company
  • European shares gain as prospect of ECB boost helps carmakers
  • Pidilite Industries buys some assets of CIC Holdings
  • Emami to hike paperboard investment to Rs 2,000 crore in 3 years
  • Non-banking finance companies step in to fill the void, lend more to SMEs
  • Cipla ready to launch low dose HIV drug ‘Efavirenz’
  • McDowell Holdings’ pledged stake in UBL falls to 3.02 per cent
  • Kwality starts product sale under brand name ‘Kwality’
  • Petrol price cut by 58 paise, diesel price by 25 paise
  • Airtel to invest Rs60,000 crore over 3 years to upgrade network
  • RBI unlikely to act on policy rate till Union Budget
  • Nestle resumes Maggi noodles production at all five plants in India
  • Maruti Suzuki plans land acquisition subsidiary for new dealerships
  • Transporting coal via waterways can save govt Rs10,000 cr annually: Nitin
  • Bookmyshow eyes $4 million in ad sales

  • Small NBFCs plan to build sales teams to draw customers
  • HDFC to list masala bonds in London
  • Relief for Adani Power in additional SEZ tax case
  • Bad loans may rise for Shriram Transport Finance
  • Smaller infra companies reward investors as larger rivals struggle
  • Small NBFCs plan to build sales teams to draw customers
  • RIL faces 40% cut in marketing margin on KG-D6 gas
  • With Jio launch near, Airtel to spend ₹60,000 cr on network
  • SEBI outlines new listing norms for exchanges
  • Quikr set to buy Commonfloor for $200 million
  • Euro Zone banking on Draghi to spur economy
  • Plea for ban on Volkswagen vehicles’ sale: NGT notice to Centre
  • Tata Motors set to launch new hatchback Zica in 2016
  • Dr Lal Pathlabs IPO opens next week for its Rs6.4bn IPO
  • Softbank leads $120 m funding in Grofers
  • Volvo to use FAME India scheme for hybrid bus
  • IDBI Bank stock soars on reports of IFC picking up stake
  • MFs exposure to bank stocks hits record high of Rs. 85,376 cr
  • Rajesh Exports bags export order worth Rs. 1,122 cr
  • Subex allots over 1.86 crore shares upon bond conversion
  • RBI eases norms for accessing foreign loans
  • Defence & Aerosupply conclave begins in Hyderabad
  • States want NITI Aayog to be a knowledge disseminating body
  • Port at Thane Creek in 3 months
  • Miles to go for Essar, Rosneft deal
  • Aircel bullish on data, launches new packs

  • Cochin Shipyard IPO set to sail well
  • Listing norm breach may lead to freezing of promoter holding
  • Indian firms line up for Welspun’s green projects
  • Smallcap index outperform Sensex, midcap second straight month

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 30, 2015

Morning Business News :

  • Economic growth seen picking up, RBI may hold rates steady
  • Yes bank sells United Breweries shares pledged by Vijay Mallya to Heineken International
  • Delhi HC turns down Bayer’s plea against Dr. Reddy’s Labs’ anti-stroke pill
  • Welspun Group to sell its renewable energy business, appoints Barclays to look for a buyer

  • Coca-Cola likely to enter pure dairy segment, to compete with Amul, Britannia and Nestle
  • 30 lenders of Essar Steel agree to move Rs 14,500 crore of term loans under 5:25 scheme
  • SpiceJet to choose between Airbus & Boeing for plane order
  • Yes Bank invokes UB shares worth Rs 778 crore
  • Nestle India may consider second interim dividend
  • Telecom, I&B ministry to use broadcast airwaves for mobile services
  • Gems and Jewellery exports dip 18% during April-October
  • Emami to hike paperboard investment to Rs 2,000 crore in 3 years
  • Domestic construction equipment industry to grow to $15 billion by 2020
  • Mankind Pharma to invest Rs 200 crore to open 2 plants by mid-2016
  • Government in talks with various markets to accept Indian drug norms
  • Amul expanding processing capacity, distribution reach
  • Patanjali to invest Rs 1,000-crore on expansion: Baba Ramdev
  • International proxy firm Glass Lewis supports Maruti’s Gujarat plan
  • Chennai rains dent logistics, auto companies supply chain
  • Trai issues consultation paper for spectrum auction
  • Government bats for revising RPO target to 10% by 2022
  • Biocon’s revenue could hit $1 bn in four years, says Kiran Mazumdar-Shaw
  • Cipla inks investment pact with FIL Capital Investments
  • Sebi penalises Polaris promoter Arun Jain for insider trading
  • Novartis said to consider selling contact lens care division
  • Delhi HC allows Hoffman’s appeal against Cipla for lung cancer drug patent
  • Fortis buys Religare Health Trust for $15 million
  • Pipavav Defence to exit corporate debt restructuring
  • Plea filed against Volkswagen for flouting emission norms in India
  • Oil majors queue in Iran as $30 billion of projects in play
  • Top MFs eyeing a 24% stake in Jamna Auto
  • Vedanta, Hindalco dropped from Sensex; Adani Ports, Asian Paints added
  • Gas transmission firms clock gains on back of favourable policy
  • Emami to hike investment in paper boards to Rs. 2,000 cr
  • NuPower commissions 30 MW wind farm in Maharashtra

  • Mitsubishi Electric opens $8 m propulsion unit in Bengaluru
  • German auto components maker RLE plans to grow India revenue to €20 m
  • Japan to extend Rs 5,479-cr loan for Chennai, Ahmedabad metro rail projects
  • BSNL to expand Wi-Fi services to more AAI-run airports
  • Norms for increasing bio-diesel, bio-CNG usage by Dec: Gadkari
  • Australian govt gives nod for uranium supply to India
  • Vedanta’s loss on Odisha refinery crosses Rs 4,000 cr
  • Food safety regulator and industry at loggerheads again
  • Govt to advance higher vehicle emission deadline by three years
  • Land Rover phases out its cheapest SUV Freelander 2
  • Varanasi villagers blame Coca-Cola for water scarcity

 

Today’s Wealth Mantra !

“Wide diversification is only required when investors do not understand what they are doing.”

– Warren Buffett

 

 

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Morning Business News Round up_October 30, 2015

Morning Business News :

  • Govt To Announce New Civil Aviation Policy Today
  • FATCA Fact: New US Tax Law Is Shaking Up Indian Trusts
  • US Economy Slows To 1.5% Growth In Q3
  • RBI Opens National Pension System For Nris
  • India Will Offer Concessional Credit Of $10 Bn To Africa: PM
  • Volkswagen Meets Indian Government On Emissions
  • Sebi Cuts IPO Paperwork; Notifies 5-Sheet DRHP
  • Dr Reddy’s Q2 Net Up 26% At Rs 722 Cr
  • Govt Clarifies Tax Treatment Of Offshore Rupee-Denominated Bonds
  • Telecom Regulator Sticks To Compensation Order On Call Drops
  • Cipla Sells Stake In Chinese Biotech Firm
  • IDFC Bank’s Net Worth Pegged At Rs 13,322 Cr
  • Airtel To Return 50% Mobile Data Used At Night,Makes Wynk Free
  • US Plan To Mandate FDA Audit Of Farm Imports Irks India
  • World Bank Retains India’s Growth Rate At 7.5% This Fiscal
  • Grasim Net Up 17% On Higher Cement Volumes
  • NTPC Q2 Net Profit Rises 40% To Rs. 2,898 Cr
  • Nestle India Q3 Profit Dives 60% On Maggi Noodles Ban
  • Govt Approves 16 FDI Proposals Worth Rs 4,722 Crore
  • India Unprepared To Tackle Online Data Security
  • BPCL, Oman Oil Looking To Sell 24% Stake In Bina Refinery
  • Yes Bank Q2 Profit Rises 26.5% To Rs610 Crore
  • Pfizer In Talks To Merge With Botox-Maker Allergan

  • GE Said To Plan Close On $9.3 Billion Alstom Purchase
  • Volkswagen May Recall 100,000 Diesel Cars In India
  • Sensex Falls For Fourth Day, Ends 201 Pts Down, Nifty Ends At 8,111
  • India Ratings Lowers India FY16 Growth Forecast To 7.5%
  • US Fed Decision Provides More Space To Emerging Markets: Shaktikanta Das
  • US Lawmakers Oppose Indian Norms On Pulses’ Stock Limit
  • Small And Midcap Funds Fare Well In Q2: CRISIL
  • Interest On Rupee Denominated Bonds To Attract 5% Tax
  • IRDA Clears Air On Repudiating Life Covers
  • IPO Of Indigo’s Parent Co Over-Subscribed 3.63 Times
  • Make Single Premium Policy Tax-Free, Insurers

Morning Business News Round up_October 27, 2015

Morning Business News :

  • Sajjan Jindal Plans JSW Group Ownership Restructuring
  • WTO Sees Up To $3.6 Trillion Boost To Trade From Deal To Cut Red Tape
  • Nestle To Resume Maggi Sales In India Next Month’
  • LIC And Indian Railways Develop A Bond Worth Rs 2,000 Cr
  • 45% Crop Shortfall Likely To Keep Dal Prices High
  • Indigo’s Anchor Book Mops Up Rs 832 Crore

  • India-Africa Forum Summit Begins With An Aim At Stronger Trade Ties
  • Govt Likely To Launch 3 Gold Schemes On November 5
  • Nippon To Acquire 23% Stake In Reliance Life For Rs 2,500 Cr
  • Essar Projects-Saipem JV Awarded KNPC’s $1.6 Billion EPC Contract
  • HFCL To Start Chennai Optical Fibre Plant From Nov 15
  • Centre To Address Regulatory, Financial Issues In Infra Sector’
  • SEBI Open To Make Changes On Exchange-Traded Funds Norms
  • SEBI’s Networth Norms May Nudge Farmers Out Of NCDEX
  • Tyre Makers Staring At Lower Revenue As Chinese Imports Soar
  • Elder Pharma To Repay Creditors By Selling Assets
  • L&T Starts Two Training Institutes In Vadodara
  • Bharti Airtel Q2 Profit Rises 10% To Rs1,523 Crore
  • Madhya Pradesh Declares Drought In 35 Districts, Seeks Rs2,400 Crore Aid
  • Sudhir Valia To Buy Jaypee Wind Power Assets For Rs180 Crore
  • Standard Chartered Winding Down Equity Derivatives Business
  • Hindustan Media Ventures Profit Rises 43%
  • Sebi May Intervene On Upfront Commission
  • Sensex Ends 109 Points Down At 27,362 On Profit-Booking, Nifty Settles At 8,260
  • No Service Tax On Flat Title Transfers In Mumbai
  • HDFC Life IPO Likely In Mid-2016
  • HDFC Q2 Net Profit Up 2% At Rs 2,106 Cr
  • Investment Via P-Notes Rises To Rs 2.55L Cr In Sept
  • Premji Invest Buys Minority Stake In Hygienic Research
  • Sterlite Tech Q2 Profit Doubles To Rs 29 Cr
  • Fusion Solar Sets Up 4 Mw Solar Plant In Telangana
  • Government Plans To Hike Sugar Cess

Morning Business News Round up_September 24, 2015

Morning Business News :

  • CIL May Revise Rs 60K-Cr Capex: Coal India Chief
  • China, Europe & US Data Show Bleak Growth Outlook
  • Record Response To NTPC’s Tax-Free Bonds At Rs 4,400 Crore Subscription
  • Need To Infuse More Capital Into Arcs : Ind-Ra
  • Fitch Threatens To Downgrade Volkswagen Over Pollution Scandal
  • No Progress For Business In China Without Reform, Says Xi
  • RBI Eases Overseas Borrowing Rules For Domestic Companies
  • L&T To Sell Assets, Dilute Stake In Non-Core Businesses
  • Small Banks In Rs 4,000-Cr Fix To Raise Domestic Funds
  • Rural Electrification Corp To Extend Rs 9K Cr Loan To Andhra
  • Iran Has Offered Natural Gas To India At $2.95 Per Unit For Urea Plant, Says Gadkari
  • Flipkart Confirms Valuation At $15.2 Billion

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  • Rating Slashed To Default For GMR’s Road Project
  • IEX Stake: Financial Tech To Shed More To Five Buyers
  • Sterlite Technologies Acquires Elitecore Technologies
  • No Need For Regulating Algo Now: Jhunjhunwala
  • CCI To Conduct Survey On Healthcare Sector
  • Pfizer To Sell Vintage Thane Plant To Vidhi Research For Rs. 178 Crore
  • Nestle Signs Deal With Biotech Firm To Develop Alzheimer’s Test
  • India’s Spending On IT May Rise Over 5% To $6.88 Bn This Year: Gartner
  • Govt Panel Finds No Evidence Of Data Manipulation At GVK Biosciences
  • Lenders Take Over Visa Steel Under SDR Rules
  • Etihad To Buy Bonds To Help Jet Airways Recast Debt
  • L&T Opts Out Of GAIL Tender To Build LNG Carriers Locally
  • Apollo International, Lycos Form E-Commerce JV
  • Sensex Closes 171 Points Up On Value Buying, Nifty Settles At 7,846
  • China’s Pain Can’t Be India’s Gain: Chinese Media
  • Monsoon Deficiency Has Dropped By 3 Per Cent:
  • Pharma Companies Growth May Remain Moderate In Q2
  • Ajanta Pharma To Replace Aditya Birla Nuvo On Nifty Midcap 50
  • TRAI To Firm Up Position On Net Neutrality Soon major Stock/Sector News In Focus
  • Credit Agricole Now Sees RBI 25 Bps Rate Cut In Sept.
  • Monsoon Rainfall 12% Below Normal Since June 1
  • German Chancellor Angela Merkel To Visit India Next Week
  • Aban Offshore Plans To Shed Debt By 10 Percent Every Year
  • C&C Constructions Wins $141.3m Oman Road Contract
  • Elder Pharma To Consider Sale Of Overseas Subsidiaries Sept. 28
  • Gammon Infra To Seek Shareholders Approval For Divestment In Units
  • Hinduja Ventures Enters Business Of Set-Top Box Distribution
  • Kanpur Plastipack To Set Up Greenfield Project For 619.1m Rupees
  • Manappuram Finance Settles Trading Irregularity Investigation W/ Sebi
  • NDTV Court Stays Tax Dept Order W/ Conditions

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  • Orient Green Power Raises Rs 250 Crore Through Preferential Issue To Promoters
  • Pantaloons Fashions Court Allows Using ‘Urban Eagle’ Brand
  • Power Grid Approves 1.33b-Rupee North Eastern Investment Plan
  • Rcom Set To Exit From Tower Business
  • Shriram Transport Had 7.5b Rupees Of Bonds Change Hands
  • Vedanta Cut 4,000 Jobs Since Jan.
  • L&T Plans Township In Bengaluru To Monetise Land Parcel