Retail News Round Up_Dec 24,2015

Retail News :

  • RBI allows foreign investors to buy upto 49 per cent in V-Mart Retail
  • Flipkart ropes in designers like Pitti Imagine and Timzy Batra to help sellers create world-class products
  • Amazon India unit signs MoU with NIESBUD to encourage online growth of small businesses
  • Snapdeals FreeCharge unit keen on running RBIs bill payment system
  • ShopClues announces the launch of exclusive Star Wars merchandise
  • Delhis favourite leather product maker Nappa Dori scouts for space in Mumbai
  • Kwality looks to scoop up midsized dairy companies
  • McVities maker United Biscuits moves to Marie biscuits and cookies
  • Idea launches 4G services starting with 75 towns in South India
  • Swarajya magazine gets Quintype’s CMS in a partnership
  • Mahindra Group Launches MoboMoney, a NFC Based Digital Wallet!
  • MakeInIndia Vivo Opens its First Manufacturing Plant in India; Invests Rs 125 Crores
  • Micromax Smartphones Will Come Pre-loaded with an E-wallet; Partners with TranServ

Today’s Wealth Mantra !

“With the possible exception of things like box scores, race results, and stock market tabulations, there is no such thing as Objective Journalism. The phrase itself is a pompous contradiction in terms.”

-Hunter S. Thompson

Demat_Offer

Today’s M & A Deals_Sep 24,2015

M & A Deals :

  • FTIL to now divest 19.06% stake in IEX
  • Ontario Teachers’ Pension Plan to buy Snapdeal stake
  • China’s Lead Eastern to invest $15M in Reliance Games’ Zapak
  • Digital publishing platform Quintype raises $3.25M
  • TVS Capital invests $12.8M in Prabhat Dairy
  • MRG Hospitality acquires Aura Grande for $15M
  • Solar power services firm Fourth Partner raises $2M
  • Mobile Ad Retargeting Platform SilverPush Secures Funding
  • Fourth Partner Energy Raises Funds
  • MRG Hospitality Acquires Mumbai Based Aura Grande
  • 3D Interior Designing Company Furdo Raises Funds