Morning Business News Round Up_ Dec 18, 2018

  • Tata Motors-owned JLR likely to cut jobs in 2019
  • Mallya faces bankruptcy proceedings in UK High Court
  • Sebi lays down more robust risk management framework for equity derivatives
  • IOC has enough headroom to absorb buyback, dividend payout: Fitch
  • Ecomm policy review may focus on discounts: Prabhu
  • Free pharma samples come under GST lens
  • Wadia case: Court issues notices to Tata, others
  • Government meddling in RBI affairs may hit Indian banking system: S&P
  • Govt confident of crossing disinvestment target, hopes to garner Rs 850 bn
  • Cabinet moves to get legal backing, allow Aadhaar for phone numbers, banks
  • Debt-laden Essar Steel invokes right to redeem as a shareholder
  • DoT plans to be ready for 5G spectrum auction by August next year
  • FSSAI to notify packaging norms soon
  • Organic food show to attract global retail chains, companies
  • Export growth to surge 7% in Q3: Exim Bank
  • IL&FS looking to sell road projects to pare debt
  • SEBI makes investing in MFs less pricey
  • D P World challenges CCI order to probe alleged anti-trust practices at JNPT
  • Govt tussle with RBI could undermine long-term financial stability, says S&P
  • ABB sells power grids to Hitachi in $11 billion deal
  • Bank of Baroda to shut three overseas branches by June
  • IHH holds Fortis open offer after SC status quo on deal
  • StanChart sells PE portfolio for $1 bn to Intermediate’s arm
  • Quikr acquires real-estate platform India Property
  • Government total liabilities rose to Rs 82.03 lakh crore in September quarter
  • Raghuram Rajan says transfer of excess reserve may pull down credit rating of RBI
  • Max India promoters decide not to convert warrants into shares
  • Kirloskar family dispute escalates as three brothers trade charges
  • IL&FS revival bid exposes more holes, alleged frauds
  • DeMo dragged economic growth down, says Rajan
  • NHAI may fall short of FY19 target by 37%
  • Foreign flows to remain muted in 2019: Credit Suisse
  • Trump asks Fed not to raise rates on eve of policy meeting
  • CIC orders disclosure of data on note printing post-demonetisation

Today’s M & A Deals_July 26,2016

M & A Deals :

  • Verizon inks deal to acquire Yahoo for $4.83 bn
  • Quikr acquires Hiree to enter white collar jobs space

  • Karnataka govt to mobilise Rs 2,000 crore to invest in startups by 2020
  • Byju’s set to raise $50 mn for international expansion
  • Workspace aggregator Qdesq raises angel funding for expansion
  • Amazon-backed QwikCilver raises $10 mn from Sistema, Accel India and others
  • IFMR Investment Managers raises third debt fund targeting microfinance firms

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Today’s M & A Deals_April 22,2016

M & A Deals :

Today’s Wealth Mantra !

One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute.

-William Feather

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Retail News Round Up_April 21,2016

Retail News :

Leadership is hard to define and good leadership even harder. But if you can get people to follow you to the ends of the earth, you are a great leader
-Indra Nooyi

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Retail news Round Up_March 10,2016

Retail news :

  • Uber’s $17M MoU with Haryana Govt to focus on ridesharing
  • Quikr launches product delivery & checking through Doorstep
  • PayU Biz to launch POS terminals in India by April 2016
  • InnerChef acquihires EatonGo and Flavour Labs
  • OYO Rooms ties up with PayPal for i’national transactions
  • Amazon India to Launch its own Digital Wallet, But Through Acquisitions
  • Ola to shut down its grocery and food delivery business next week

“Thinking is the hardest work there is, which is probably the reason why so few engage in it.

-Henry Ford

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Today’s M & A Deals_ Jan 22,2016

M & A Deals :

  • Apis Partners invests in payment & ATM solutions firm EPS
  • Siddharth Parekh’s PE fund strikes debut deal with realty startup Capacite
  • Norwest raises $1.2B in third consecutive global fund
  • We will make two overseas acquisitions in six months: CarDekho’s Amit Jain
  • Housing.com gets $15M more from SoftBank
  • Teewe maker CREO gets $3M from Sequoia, others
  • Fisdom gets $500K from TaxiForSure founders, Rob Chandra & others
  • Yatra & Quikr backer Norwest raises $1.2B in new global fund

 

Today’s Wealth Mantra !

“This company looks cheap, that company looks cheap, but the overall economy could completely screw it up. The key is to wait. Sometimes the hardest thing to do is to do nothing.”

David Tepper

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Today’s M & A Deals_ Jan 08,2016

M & A Deals :

  • China’s Ctrip To Invest $180M In Makemytrip
  • Quikr Buys Commonfloor To Play Up Quikrhomes
  • IIFL Invests About $75M In Mumbai Developer Ariisto Realtors
  • Corporation Bank To Buy 4% Stake In LIC Nomura MF From Nomura
  • Infurnia Raises $160K From Idein Ventures
  • Ed-Tech Startup Myly Raises $100K In Seed Funding
  • Times Internet Buys Gurgaon-Based Viral Shots
  • Unicorn Raises $6M To Back Social Media, Cloud & Analytics Startups

 

Today’s Wealth Mantra !

Derivatives are financial weapons of mass destruction”

– Warren Buffett

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Retail News Round Up_Dec 21,2015

Retail News :

  • Accel Partners sells fractional stake in Flipkart to Qatar Investment Authority for $100 million
  • Myntra takes on brick-&-mortar retailers with private brands
  • Van Heusen opens first digital store in Bengaluru
  • Rio Tinto, De Beers and other global miners to trade on Mumbais diamond centre
  • After a lull, Star Bazaar plans store expansion
  • Bisleri set to re-enter soft drinks space in 2016

  • How a small vegan community is trying to create thriving businesses in a dairy-obsessed India
  • 42 mega food parks worth Rs 2,000 crore to be set up in the country
  • Quikr adds Hindi translations among six other Indic languages
  • Reliance Jio to be launched on the 27th of December
  • The News Minute raises funding from Quintillion Media
  • WudStay launches paying guest feature

 

“It’s a misnomer to think of gamification as playing games. Gamification is a lot like shopping. It’s about insight.” – Karen Etzkorn, EVP and CIO of the Home Shopping Network

 

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Retail News Round Up_Dec 17,2015

Retail News :

  • Myntras Ex-COO Ganesh Subramanian sets up data-driven technology firm to track fashion trends
  • IRCTC ties up with Paytm for e-catering payments
  • Craftsvilla.com to launch ten experience centers by March 2016
  • Quikr breaks language barrier, goes vernacular
  • STC plans to foray into e-commerce space in 6 months
  • Adidas mulls ‘alternatives’ to sponsoring FIFA

  • Burman family of Dabur Group enter realty buisness in London, Miami
  • Ubiquitous Foods secures an undisclosed amount in funding from Kalaari Capital
  • Devyani International pvt ltd.’s Ravi Jaipuria set to enter dairy business
  • Daikin plans to invest Rs 900 crore in second unit
  • Sweden’s Blueair aims to boost retail network by March 2016
  • PAN Card Now Mandatory For All Transactions Above Rs 2 Lakh
  • Ola’s ride sharing service launches in Delhi NCR with all CNG vehicles

 

“Big Data sometimes gets a bad rap from over use and vendor hype. But if you think there is nothing new about Big Data you are mistaken.” — Todd Michaud, Founder and CEO of Power Thinking Media

 

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Retail News Round Up_Dec 04,2015

Retail News :

  • Quikr makes second acquisition in 7 days
  • Flipkart launches progressive childcare policy for employees
  • Montblanc partners Titan for India re-entry, to open 5 outlets
  • Tata group companies firm up digital teams before launch of e-commerce venture
  • Government join hands with Ebay to provide platform for economically disadvantaged women
  • Alibaba unlikely to be interested in Yahoo’s core business

  • China’s Baidu builds empire with music, Amazon deals
  • HUL comes on board Swachh Bharat, aims to promote health & hygiene
  • Quikr Acquires Real Estate Analytics Startup Realtycompass
  • Paytm Partners With ICICI Bank, Will Offer Virtual Prepaid Cards To Its Wallet Users
  • RBI norm change will allow VC firms to bypass FDI laws to invest in ecommerce
  • Government to set up Indian Cyber Coordination Centre
  • FIH Mobile invests in MoMagic for a 10% stake
  • Flipkart launches native ads for all brands

 

Today’s Wealth Mantra !

“Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.”
-Peter Lynch

 

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