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

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