Retail News Round Up_March 11,2016

Retail News :

  • Flipkart pumps Rs 338 crore in Myntra to take on competition
  • Flipkart sees opportunity in selling automobiles and accessories online
  • Roadrunnr and TinyOwl in early stage of talks to merge in all-stock deal
  • Digital wallet and ecommerce firm Paytm planning major offline push
  • Online marketplace ShopClues plans to hire 1,500 employees by December
  • FMCG stocks like Dabur, Nestle, Colgate Palmolive run the risk of earnings downgrade
  • Manish Arora to launch first menswear collection online
  • French fashion brand Chloe now in India
  • H&M to open first store in Bengaluru on March 25
  • Sachin Tendulkar starts new innings with TrueBlue
  • Lenovo ties up with Paytm to offer sops for distributors, sales representatives
  • FDA scraps licences of 792 medical stores
  • L’Oreal creates unbranded content hub to woo beauty fans
  • Startups exploring innovative new ways to attract top talent
  • Startup India: Five-fold hike in government budget for funding startups in next fiscal
  • BSNL Jumps Into Video-On-Demand Service; Partners With Tata Sky To Provide Instant Videos
  • Uber to Invest INR 120 Cr in Haryana to Improve Transport Services in Gurgaon

 

“The important thing is not being afraid to take a chance. Remember, the greatest failure is to not try. Once you find something you love to do, be the best at doing it.”
-Debbi Fields

 

current scheme

 

Retail News Round Up_March 08,2016

Retail News :

  • Paytm to invest in support of women entrepreneurs
  • Alibaba’s Ant Financial could be valued at nearly $50 billion
  • Snapdeal, FLO collaborate to bring women entrepreneurs online
  • Homepreneurs setting up ecommerce shops to scale up businesses
  • Paytm, US firm in tech tie-up for payments bank
  • Guess to launch smartwatches in India by middle the of the year
  • Gems and jewellery exports dip 14.5% during April-January over lower global demand
  • Woodland eyes global expansion, to open stores in countries like Russia and China
  • Oral-B plans to stop supply of toothpaste as it fails to shine
  • Manpasand to flavour Baskin-Robbins experience with fruit drinks magic at 250 ice cream outlets
  • Jain Irrigation’s Rs 792 crore stake sale gets CCI approval
  • Canon India to expand woman workforce from 12% to 20%
  • FDI in food processing to act as catalyst: Minister
  • Investor queue gets longer outside micro loan startups
  • InMobi, TaxiForSure founders invest in fashion app Wooplr

 

“One of the secrets to staying young is to always do things you don’t know how to do, to keep learning.”
-Ruth Reichl

 

Demat_Offer

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

 

Demat_Offer

Retail News Round Up_Feb 22,2016

Retail news:

  • Donald Trump calls for boycott of Apple products until company unlocks shooter’s phone
  • Paytm founder Vijay Shekhar Sharma says apps shouldn’t be allowed on closed networks
  • Godrej Consumer Products Ltd to increase shareholding in its joint ventures
  • ShopClues eyes companies in the ad-tech, payments and analytics space
  • India Post rides e-commerce wave as villagers buy online
  • Hyper-local discovery app Magicpin raises $3 million
  • Woodland to strengthen presence in UAE, Russia
  • Heritage Foods firms up plans for ecommerce foray to accelerate turnaround of its retail business
  • AAP government considers not raising excise duty on liquor
  • VLCC looks to spread its wings in India and abroad
  • SigTuple raises seed fund from Flipkart founders, Accel Partners and other angel investors
  • FSSAI to work with other government agencies to spread awareness on food safety
  • The Viral Fever secures $10M from Tiger Global for 25% stake
  • ASICS acquires Runkeeper for an undisclosed amount
  • Vodafone to invest Rs 6,000 crore in Maharashtra
  • RKSV Securities secures $4 million from Kalaari capital & others

 

“One of the secrets to staying young is to always do things you don’t know how to do, to keep learning.”

-Ruth Reichl

 

Demat_Offer

Retail News Round Up_Feb 18,2016

Retail News :

  • Worlds cheapest smartphone priced at Rs 251 hits Indian market
  • Paytm to leverage merchant partnerships & consumer base to triple its wallet transactions to $10 million a day
  • Fashion brand Ws parent plans to raise $100 million from PE funds
  • Google makes fresh push into grocery delivery

  • Britannia to invest Rs 900 crore on new greenfield plants, innovation
  • Amazon launches ‘Tatkal’ initiative for small and medium businesses
  • Abof clocks Rs 100 crore gross merchandise value within 90 days of launch
  • Alibaba to work with NDRC in rural areas
  • Amazon expanding deliveries by its ‘on-demand’ drivers
  • Small sellers skip add-on options in online marketplaces
  • PepsiCo inks pact with Maharashtra to promote fruit processing
  • Big Bazaar Direct ties up with Oxigen Services to expand its e-commerce reach
  • Tracxn raises fresh funding from Nandan Nilekani, Mohandas Pai, Neeraj Arora & Anand Rajaraman
  • Uber Signs Agreement with Maharashtra Govt to Create 75,000 Jobs #MakeinIndia
  • Foodpanda launches 30 Min Express Delivery in Gurgaon
  • Freedom 251 Quadcore Smartphone 1GB RAM Launched For Rs. 251 ($3.8)

Freedom 251 smartphone

 

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

-Robert Kiyosaki

 

Demat_Offer

Retail news Round Up_Feb 12,2016

Retail news :

  • Azim Premji’s Premji Invest buys exiting investor L Capital’s stake in Fabindia for around Rs 360 crore
  • Coca-Cola India shuts 3 plants citing inadequate demand
  • Permitting FDI in e-commerce retail to impact small biz
  • Paytm to double investment in logistics network to Rs 500 crore
  • Coke heeds to PM Narendra Modi’s call, to launch fizzy drink with fruit juice
  • Amazon invests in Tata Trent’s publishing arm
  • Snapdeals premium fashion portal Exclusively to tie-up with international brands
  • Amazon to buy back $5 billion of shares
  • TBZ ties up with Amazon to sell diamond jewellery and gold coins
  • Tesco keen to work with Indian start-up ecosystem
  • Mother Dairy to set up Rs 75-crore processing plant in Ranchi
  • Apple to open development centre in Hyderabad
  • Blueair expects India to be among top three global markets in five years
  • PayUmoney updates app, seeks increase in merchant registrations
  • Facebook Officially Shuts Down Free Basics In India
  • Vodafone Launches 4G Services in Mumbai; Bangalore to Follow Soon

 

“When you find yourself in the thickness of pursuing a goal or dream, stop only to rest. Momentum builds success.”

-Suzy Kassem

Demat_Offer

Retail News Round Up_Feb 11,2016

Retail news :

  • PepsiCo, Coke set for mini cola war this summer
  • Jewellery sales hit by 30 percent on new PAN rule
  • Hindustan Unilever looking for buyers for its atta, rice, salt business
  • Its official, OYO acquires its rival ZO Rooms
  • Paytm now allows mobile, appliances retailers to sell on ecommerce platform
  • Bullion market closed in national capital due to protest against PAN card requirement
  • Titan Eyeplus plans overseas and digital foray
  • ITC to invest Rs 3000 crore in 3 projects in Bengal
  • Britannia Industries gears up for big play in dairy segment

  • Coca-Cola decides to set up bottling plant at Sitarganj
  • Westlife Development to invest Rs 150 cr in FY 2017
  • ITC to foray into packaged frozen food,fish
  • Shubhkart targets offline consumers,join hands with RelianceMart
  • FSSAI extends deadline for obtaining licence under Food Safety Act by 3 months
  • 93% Indian retailers likely to adopt new technology like digital wallets
  • Amazon Infuses $300 Million For Indian Operations; Plans To Provide Loans For SMEs In India
  • Mobile Phone Landscape in India: 163 Brands Launched Whopping 1622 New Phones in 2015
  • Now, Government Requests Banks to Invest in Swachh Bharat Abhiyan

Swachh Bharat Abhiyan

 

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

– K. Abernathy

 

Demat_Offer

 

 

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

 

Demat_Offer

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

 

Demat_Offer

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

 

“RETAIL IS A CUSTOMER BUSINESS. YOU’RE TRYING TO TAKE CARE OF THE CUSTOMER—SOLVE SOMETHING FOR THE CUSTOMER. AND THERE’S NO WAY TO LEARN THAT IN THE CLASSROOM OR IN THE CORNER OFFICE…”

– ERIK NORDSTROM, PRESIDENT, NORDSTROM DIRECT

 

Demat_Offer