Retail News Round Up_ Jan 13,2016

Retail News :

  • Shopclues at par with Snapdeal, Paytm with undisclosed funding valuing company at Rs 7,300 crore
  • Amazon and Future Group partnership on rocks over funding of discounts
  • Nitish Kumar government to impose 13.5% tax on luxury items
  • Amazon has bought a French delivery company
  • PayPal ties-up with first Indian partner Shopmatic for cross-border transactions

  • Reliance eyes Rs 1,800 cr sales from Vimal brand in 3 years
  • Van Heusen ropes Infinite Analytics for its style studio
  • Starbucks says aims to open 500 new stores in China in 2016
  • Start in India, stay in India, government tells fleeing startups
  • Women and Child Development Ministry, eBay partner for online platform for women entrepreneurs
  • Oxigen Wallet launches mobile virtual cards powered by Visa
  • ShopClues raises $100 million; plans IPO in 2017
  • OYO Rooms expands to Malaysia; looks at Africa, South America, South-east Asia next
  • Ortel launches free public WiFi for its customers in Bhubaneswar
  • Hike secures funds from WordPress and Quora founders & other individual investors
  • Persistent Systems acquires CloudPlatform & CloudPortal from Citrix
  • Spice Mobility acquires 22.5% stake in Sunstone Eduversity
  • Hike messenger to match Delhi commuters to comply with odd even rule

 

“Someone is sitting in the shade today because someone planted a tree a long time ago.”

-Warren Buffett

 

Demat_Offer

 

 

Today’s M & A Deals_Dec ,2015

M & A Deals :

  • PE-backed Tree House Education to merge with Zee Learn
  • India Value Fund invests $60M in Cloudnine Hospitals
  • JustRide in Google Launchpad list,to get equity-free seed funding
  • Kolabro gets angel funding from CollegeDekho’s Arora, Gaadi.com’s Kumar
  • HCC completes 74% stake sale in Nirmal BOT
  • Info Edge invests $2.2M more in online photography firm Canvera
  • Brand licensing startup Black White Orange raises $303K
  • Reliance Defence ties up with Russia’s AlmazAntey for missile systems

 

Today’s Wealth Mantra !

The techniques I developed for studying turbulence, like weather, also apply to the stock market.

– Benoit Mandelbrot

 

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Retail News Round Up_Dec 07,2015

Retail News :

  • Faasos raises Rs 200 crore in fresh funding at a time of gloom for on-demand food startups
  • Ecommerce players to help Indias 2016 advertisement spend grow 13%
  • Paytm acquires Near.in to strengthen its presence in online-to-offline space
  • Rural-focused StoreKing in pact with Indian Oil
  • Shemaroo partners with DTH players to launch ‘Miniplex’
  • Reliance opens up Jio Chat to 9 countries, but will it be secure?
  • Khan Academy launches Hindi website with Math lessons
  • YouTube Space Mumbai launched at Whistling Woods
  • Uber launches UberASSIST for the differently abled in Delhi

 

Mondaymotivation Wealth Mantra !

“The investment in knowledge always pays the best interest”

-Benjamin Franklin

 

 

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Morning Business News Round up_October 23, 2015

Morning Business News:

  • Japan Offers India Soft Loan For $15-Bn Bullet Train
  • ECB Keeps Rates On Hold, Seen Opening Door To Easing
  • Slow Fibre Rollout Hurting Telecom; Experts Blame Low Investment In Optic Fibre
  • Reliance Group To Further Invest Rs 46,000 Crore In MP
  • LIC In Talks With Psbs For Nomura Stake Sale
  • Reliance MF Eyes More Acquisitions After Goldman
  • Shell Cos’ Patents To Come Under Domestic Tax Net
  • Investors Unfazed By Dividend Row: Indigo
  • Rcom In Talks With BSNL, Vodafone, Idea For 2G Intra-Circle Roaming
  • India To Meet Fiscal Targets Despite Revenue Drop: Bofa-ML
  • India Remains Less Exposed To External Risks, Says Moody’s
  • RBI Issues Rules To Operate Gold Monetisation Scheme
  • Eyeing $1 Billion GMV By Early Next Year: Shopclues Officials
  • DLF Appoints Bankers For Selling Promoters Stake In Rental Arm
  • Iron, Steel Exports Plunge 41% To $4.57 Bn In Sept
  • Indians Working In US Find Their Job Less Stressful: Survey
  • Kerala Govt Mulls Importing Pulses To Tame Price Rise
  • GIC To Invest In Tishman Speyer’s Waverock Project In Hyderabad
  • Rural Inflation Running Higher Than Urban: HSBC
  • PE Transactions To Touch $22 Bn By December: Report
  • HDFC Bank Profit Rises 20% To Rs2,869 Crore
  • Petronet LNG Pays Rs400 Crore Demurrage As Psus Refuse Costly Gas Import
  • JSW Steel Profit Falls 84%, Beats Estimates Of A Loss
  • Indiabulls Real Estate Posts Twofold Jump In Net Profit
  • Ratan Tata, American Express Invest In Digital Currency Start Up Abra
  • ‘Airline Losses To Come Down 35% To Rs 5,500 Cr This FY’
  • Centre Clears Two Ordinances For Swift Settlement
  • Over 75% Real Estate Projects Non-Starters: Assocham
  • Equity MF Folio Count Up By 21 Lakh In Apr-Sept
  • Domestic Fis Pitch For Easier Taxation
  • Oilseeds Output In Rabi Season May Be Normal
  • Gamesa To Set Up 100 Mw Wind Plant For HFE In MP

  • Coal India Takes IT Route To Track Mining Projects