Retail news Round Up_April 27,2016

Retail news :



“Procrastination is the art of keeping up with yesterday.”

-Don Marquis



Retail News Round Up_April 04,2016

Retail News :



“Do not be embarrassed by your failures, learn from them and start again.”

– Richard Branson


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Retail News Round Up_March 22,2016

Retail news :

  • P&G now introduces six-month adoption leave for employees
  • India looks to widen ambit of Google Tax on internet companies
  • Patanjali to raise Rs 320 crore forR&D Financial Express
  • Infibeam’s Rs 450-crore IPO subscribed 21% on Day 1
  • L Capital Asia will not commit more funds to existing Indian investments
  • LG overtakes Bravia maker Sony in flat panel television sales
  • Paytm inks strategic deal with PVR, invests Rs 120 crore in online movie ticket market
  • Alibaba annual transaction volumes cross $463 billion
  • Online C2C marketplaces can close Indias consumption gap
  • Big jewellers begin to register with excise authorities
  • Woodland to roll out wearables, sports gear
  • Aditya Birla Group firm launches fabrics brand Liva
  • Reliance Industries in branding alliance with Tamil Nadu firm for Recron fibre brand
  • Licences of 9 food outlets suspended in Thiruvananthapuram
  • BigBasket now to deliver goods on electric vehicles
  • acquires in-restaurant payment app Ruplee
  • Samsung plans range of exclusive online products
  • Foxconn to reduce offer for Sharp by around $900 million
  • IKEA donates Rs 92 crore for safe water projects in India, Indonesia
  • Cookware brand Wonderchef to raise Rs 100 crore
  • BSNL Announces Rs 2000 Crore Modernization Drive; 3G & Rural Areas To Be Major Focus
  • Alibaba All Set To Enter Indian Ecommerce Market By End of 2016; Govt. Promises‘Full Support’


“Never doubt that a small group of thoughtful, committed, citizens can change the world. Indeed, it is the only thing that ever has.”

-Margaret Mead


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Retail news Round Up_March 21,2016

Retail News :

  • Paytm plans to spin off its marketplace to allow Alibaba Group establish a direct presence in India
  • Alibaba may tieup with Tatas to venture into online retail market in India
  • iPhone maker plans fifth avenue-like store, to set up smaller outlets in the country
  • Noida jewellers sell vegetables in protest against excise duty
  • Patanjali has plans to open food parks in 4 or 5 locations
  • Infibeam’s Rs 450 crore IPO to hit markets today
  • Alibaba may set up a technology development centre in India
  • Jewellers call off 18-day strike after assurance from government; gold imports to rise
  • Paytm-backed LogiNext targets treble sales to $3mn in FY’17
  • Craftsvilla expands services to Middle East, New Zealand and Australia
  • Jewellery industry incurs Rs 60K-70K crore loss in 18-day long strike
  • WB govt offers land for footwear park in the state
  • Jewellers back in business after strike, task force to decide on gold cess
  • India soon to be among RB’s top three markets
  • Acquiring HUL’s rice business will firm position in mid-east
  • Parliamentary panel favours bringing tobacco production under regulatory regime
  • Micromax founders eye 40% revenue growth in FY17
  • Anil Agarwal’s $10 billion LCD plant to start production in 2018
  • AC sale set to pick up with onset of summer
  • Bang & Olufsen enters into a partnership with LG
  • Firstcry to use analytics to boost offline sales
  • WhatsApp Update Brings Rich Text Chats, Google Drive & OneDrive File Sharing & More
  • Indian Startup CREO Debuts Unique Mark 1 Smartphone With Monthly OS Updates



“Never give up, for that is just the place and time that the tide will turn.”

-Harriet Beecher Stowe



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Morning Business news Round Up_March 21,2016

Morning News :

  • Despite a bad monsoon, India will deliver growth in excess of 6%
  • India’s per capita income to cross Rs 1 lakh in FY17
  • Relief for Vodafone: Retro tax settlement scheme from June 1
  • Oli in China on maiden visit with eye on key deals
  • Corporate Affairs Ministry amends norms related to buyback offers
  • Anil Agarwal’s $10 billion LCD plant to start production in 2018
  • Wheat production to be higher than in the previous year
  • Maruti races ahead to capture nearly half the market
  • Fixed-dose drug ban boosts hope for ayurveda
  • Lafarge India begins Rs 10,000-cr sell-off
  • Historic gas auction witnesses negative bids from power plants
  • Govt defends interest rate cut on small savings
  • Mallya default singes top auditing companies
  • Thousands of Tata Steel UK employees fear rejection of rescue plan
  • Sebi mulls allowing bank KYC for securities markets
  • Exporters risk being blacklisted when new EU rule kicks in
  • Centre introduces new norms for plastic waste disposal
  • ‘Auto firms should go green, not wait for regulatory push’
  • Jewellers call off 19-day strike as Centre sets up task force
  • Exporters risk being blacklisted when new EU rule kicks in
  • BERC to announce new power tariff on Monday
  • Patanjali will overtake Colgate and Unilever: Baba Ramdev
  • Parliament panel favours bringing tobacco production under regulatory regime
  • China’s central bank chief sounds warning over rising debt
  • Banks await RBI policy before cutting rates
  • Adani’s licence request for CNG-retailing in Lucknow rejected
  • FPIs infuse Rs 11,000-cr in stock markets in March
  • Dabhol, GMR, GVK, Lanco secure gas under PSDF scheme
  • Top 6 cos add Rs 37,414 cr in M-cap; TCS lead gainer
  • IRDA okay with LIC investment in public sector banks
  • Online shopping to rise by 78% this year: Assocham-PwC
  • Govt to borrow Rs 3.5 lakh cr in April-Sept
  • Edible oil imports up on growing demand and slowing production



Today’s Wealth mantra !

“When you’re an investor, you can look at the quantitative and qualitative elements of an investment, but there’s a third aspect: What you feel in your gut.”

-Kevin O’Leary


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Retail news Round Up_March 17,2016

Retail news :

  • Procter & Gamble to challenge ban on Vicks Action 500 Extra
  • Amazon Tatkal to help people sell products online
  • Gurgaon-based in talks to raise Rs 13 crore
  • Protest rally in Delhi on March 17 against 1% excise duty proposed on gold jewellery
  • Italian fashion brand Neil Barrett comes to India

  • Woodland plans to unveil adventure watch, fitness band
  • Aim to develop restaurant base to 500 stores over the next 5-6 years: Amit Jatia, Westlife Development
  • Patanjali to set up 4 more plants in 2 years
  • United Breweries, Sanofi India and Bayer CropScience boards to go with Vijay Mallya as chairman
  • Brand Patanjali driving buzz on social media
  • FourthLion enters organised retail with ‘WalkIn’ at Coffee Day
  • Marico relaunches Set Wet deo with Ranveer Singh
  • Capital Float introduces special schemes targeting women entrepreneurs in India
  • FDI up 29% post Make in India initiative: Nirmala Sitharaman
  • Private equity funds, textile companies vie for debt-ridden Alok Industries
  • Myntra to Introduce Standardized Size Chart to Reduce Merchandise Returns
  • ICICI Bank Launches Contactless NFC-based Mobile Payment System
  • Infibeam All Set To Launch Indian eCommerce’s First Ever IPO; To Raise Upto Rs 450 Cr At A Valuation Of Rs 2237 Crore


“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_March 14,2016

Retail news :

  • Allahabad HC slams UP tax department for taking out Rs 49 crore from Flipkart’s account using dubious means
  • Flipkart takes Uttarakhand to court for imposing 10 percent entry tax on goods purchased through e-commerce
  • After Patanjali, Kishore Biyani led Future Group may start selling Ravi Shankar’s Sri Sri Ayurveda products
  • Shopclues wants Momoe, eyes a bite of payment business

  • Paytm ties up with cinemas to sell tickets
  • Arvind sports to bring Cole Haan and Heatwave Shoes to India
  • Jewellery demand to rise to 670-685 tonnes in FY17
  • Himalaya eyes doubling men’s facewash market share to 12 percent
  • RIL arm to invest Rs 1,300 crore in Haryana for electronics hub
  • Xiaomi applies for single-brand retail stores
  • Canon eyes 10% growth in India this year
  • PayPal has joined hands with OYO Rooms to allow global consumers to pay
  •, India’s largest classifieds site today announced launch of Quikr Doorstep
  • Uber announced that it will be investing Rs 120 Crore in the state hariyana to improve its cab-hailing service and transportation network

“Don’t let the fear of losing be greater than the excitement of winning.”

-Robert Kiyosaki


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Retail news Round Up_Feb 24,2016

Retail news :

  • CVC probes Rs 580 crore alleged excise duty evasion by Cadbury
  • Ahead of store launch in India, Apple to cut discounts on its products
  • Popular chocolate Snickers recalled in Germany after plastic found in it
  • Future Retail building omnichannel to support brick and mortar business
  • Ramdev’s Patanjali to set up four units in Vidarbha
  • Barclays Krishna Hegde to head consumer investment products at Paytm Bank
  • Hopscotch looking to raise Rs 200 crore to expand operations
  • AV Birla’s More to accept Paytm wallet payment
  • Timex eyes 30% growth next fiscal, launches analog smartwatch
  • Jewellery designer, Nirav Modi eyes expansion into global high street
  • Food-tech firms eye institutional orders to increase cash flows
  • Samsung Electronics aims to sell its stake in Samsung Medison
  • Baba Ramdev interested in setting up herbal plant in Jharkhand
  • Government may allocate 4 food parks; to entail Rs 500 crore investment
  • Zuckerberg Announces Telecom Infra Project. Aims To Make Internet Affordable

Telecom Infra Project. Affordable internet to all


“Failure is the condiment that gives success its flavor.”

-Truman Capote




Retail news Round Up_Feb 23,2016

Retail News :

  • Patanjali Ayurved injects new life into herbal market, helps rivals sell more personal care products
  • Paytm plans to launch ecommerce platform for luxury products; ropes in Gucci, Furla and Burberry
  • World Bank arm IFC eyes Rs 170-crore investment in Lenskart
  • Infosys, TCS, Others vie for Paytms Rs 125-crore IT deal for bank foray
  • Amazon quietly launched 7 fashion brands while ramping up hiring for its own clothing line
  • Flipkart sees 400% increase in sale of household items over weekend
  • PC Jeweller acquires WGC’s bridal gold jewellery brand ‘AZVA’

  • Tesco Bengaluru Aims to Connect More Deeply with UK Team: Alison Horner, chief people officer,Tesco Bengaluru
  • Consumers have a new mentality that is helping Coca-Cola and Pepsi pull of the ‘greatest marketing trick of the century’
  • Apple urges govt to form commission on encryption issues
  • Godrej, Videocon launch premium model ACs to tap market demand
  • Blue star to invest Rs 215 crore in 3-4 years
  • E-pharmacy startups bag early investors
  • Govt Announces Digital Market Place For Farmers; Wants To Revolutionize Agriculture Using #DigitalIndia
  • Joister Infomedia to Offer Free WiFi at All Railway Stations in Maharashtra


“When you take risks you learn that there will be times when you succeed and there will be times when you fail, and both are equally important.” 
-Ellen DeGeneres



Retail News Round Up_ Jan 29,2016

Retail news :

  • Myntra, Jabong to reduce discounts in a bid to check mounting losses and to steer towards profitability
  • Ecommerce majors Amazon, Flipkart together rented about 3.6 million square feet warehouse space in 2015
  • Paytm plans to triple gross merchandise value to $10 billion by December’16
  • In U-turn, Centre may allow FDI in multi-brand retail
  • Founders of Paytm, Zomato sign petition urging PM Modi to ensure net neutrality

  • Flipkart to launch an exchange programme, starting with smartphones and television sets
  • Snapdeal to add new features like product selfies, enhanced order-tracking to improve user experience
  • GreenDust launches its mobile website
  • Flipkart partners with Udacity to hire graduates based on Nanodegree projects
  • Being Human Clothing to enter activewear category
  • Patanjali eats into Colgate’s toothpaste market share
  • Gurgaon-based startup Pluss ties up with Baba Ramdevs Patanjali Ayurved
  • Walmart launches entrepreneurship prog for women businesses
  • Global cos testing Indian mkt through online route
  • Companies go extra mile to indulge kids with wearable gadgets, digital books
  • 5G Mobile Networks are here! Stockholm World’s First City to Experience It

5G Mobile Internet Connectivity