Retail news Round Up_ Jan 07,2016

Retail news :

  • Online Retail Giant Flipkart Starts Talks With Investors To Raise $1.4 Billion
  • Patanjali Products Get Exclusive Space At Stores As Sales Soar
  • Tommy Hilfiger Re-Applies To Open Own Stores In India
  • Amazon To Enter Grocery Jungle In February

  • Paytm Ties Up With Industry buying To Simplify Transaction Process
  • Jabong Launches ‘Happy New You’ Sale, Offers Heavy Discounts
  • Kroger Is Going To Become Amazon And Walmart’s Biggest Threat

  • Food Startups Swiggy, Tinyowl & Foodpanda Raise Fee, Cut Discounts
  • Mother’s Recipe Launches E-Comm Site
  • Samsung Launches Refrigerator With Camera Inside
  • Blueshift Labs Raises $8M From Storm Ventures & Existing Investors
  • Alef Mobitech Raises $5 Million From Tata Capital Innovations Fund
  • Girnarsoft To Launch Multiple Auto Related Portals In The Coming Months
  • Startup Money Transfer App Chillr Features As Best Finance App Of 2015

 

“Our assets walk out of the door each evening. We have to make sure that they come back the next morning”

– Narayana Murthy

 

 

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

 

Connect with us

Retail News Round Up_Nov 30,2015

Retail News :

  • Promoter of QikPod  want to make QikPod worlds largest parcel locker network
  • Coca-Cola likely to enter pure dairy segment, to compete with Amul, Britannia and Nestle
  • Patanjali to invest Rs 1,000-crore on expansion
  • Online food-ordering startup Swiggy in talks to raise around $40 million
  • Character merchandising startup Superhero Brands raises Rs 3.6 crore
  • PVR to add 23 screens, take total to 500 this fiscal
  • Import Data Confirms Reliance Jio 4G Services Launch on Track
  • Video streaming platform Hotstar begins global expansion on website
  • Uber launches performance based loyalty programme for its drivers

 

Today’s Wealth Mantra !

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

– Warren Buffett

 

 

Connect with us

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

 

 

Connect with us

Retail News Round Up_Nov 17,2015

Retail News :

  • Valued at Rs 4,600 crore, Shopclues eyes Rs 1320 crore fund infusion with IPO foray
  • Patanjali launches noodles, plans 6 manufacturing units
  • Ethnic e-tailer Craftsvilla raises Rs 220 crore

  • Oyo Rooms eyeing expansion, plans Oyo Cafe
  • Apple to open retail store in Singapore powered only by sun
  • Talwalkars picks up 51% stake in Chennai fitness chain Inshape
  • CloudBuy ties up with CII for online e-commerce gateway
  • Shadowfax to open R&D centre for data analytics
  • Cashkaro raises $3.7 million from Kalaari Capital
  • Cortana comes to India; in public beta for Android and iOS

 

 

Retail News Round Up_Aug 28,2015

Retail News :

  • Future Group-Bharti Retail’s Rs 750 crore deal gets CCI nod
  • Baba Ramdev’s Patanjali bigger than Emami and Jyothy Labs
  • BPL ties up with Flipkart in bid to recreate past success in TV sales
  • Home services firm LocalOye to launch online services
  • Chai Point and Bhukkad setting an example by using dedicated hubs for delivery
  • Zespri International ties up with Mumbai dabbawalas