Tag: snapdeal

Retail news Round Up_April 28,206

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Retail news  :

  • Jabong parent, GFG, raises EUR 300 million in fresh funding
  • Alibabas Jack Ma overtakes Wandas Wang Jianlin as Asias richest man
  • KFC going to use robot to serve customers in Shanghai
  • B2B ecomm platform Industrybuying introduces EMI features through Innoviti
  • Nestle agrees on ice cream joint venture with UK’s R&R
  • Inox Leisure swings to profit, reports Q4 net of Rs 16 crore
  • Skechers, Kiko get nod for single brand retail
  • Govts plan to ban all tobacco FDI to hit GPI
  • Snapdeal Diversifies Further: Users Can Now Book Bus, Flight Tickets, Order Food!
  • BlackBerry Launches BBM Money Transfer Service in India
  • LeEco Eyes Make In India With In-House R&D and Manufacturing Units
  • Vodafone India completes acquisition of YOU Broadband
  • Yatra to aggregate cabs from aggregators & car companies
  • Ant Financial raises $4.5B to invest in infrastructure
  • Hello Curry acquires meal-box delivery startup The First Meal
  • ClearTax secures $1.3M from individual investors
  • Arré raises funding from Enam Holdings; Ronnie Screwvala exits

 

 

“Success is never final,failure is never fatal its courage that counts”

-John wooden

 

 

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Retail News Round Up_April 26,2016

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Retail news :

 

 

“We may encounter many defeats but we must not be defeated.”

-Maya Angelou

 

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Retail News Round Up_April 20,2016

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Retail news :

 

“Believe that life is worth living and your belief will help create the fact”

-William James

 

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Retail news Round Up_April 17,2016

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Retail News :

 

 

 

 

“Though no one can go back and make a brand new start, anyone can start from now and make a brand new ending.”

-Carl Bard

 

 

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Retail News Round Up_April 11,2016

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Retail news :

  • Alibaba set to bring back the Walmart for Indian retailers Business Standard
  • Not just phones, Snapdeal to deliver more products in 4 hours
  • Flipkart logistics arm Ekart bags offline clients like Lifestyle, Madura Fashion as it aims to become independent powerhouse
  • NGT appoints local commissioner to inspect Coca Cola’s plant in UP
  • Burrp eyes Rs 150 crore revenue by March 2019
  • 3,000 jewellers resign from BJP in Rajkot
  • Jewellers Strike on Gudi Padwa day cost jewellers Rs 2,000 crore
  • From July, big info display on food packs
  • Lulu group to invest Rs 5,000 crore in India in next 4 years
  • Hard Rock Cafes India franchisee to raise Rs200 crore

 

 

“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

 

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Retail news Round Up_March 15,2016

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Retail news :

  • After Uttarakhand, Bihar, Assam, half a dozen more states planning levy on ecommerce goods
  • Ecommerce bigwigs like Amazon and Flipkart bank on on-demand services platforms to keep buyers happy
  • In a bid to reduce merchandise returns, Myntra to launch size chart by mid-April
  • Infibeam likely to raise Rs 450 crore via March 21 IPO
  • Amazon lines up goodies online to spice up India Fashion Week
  • Snapdeal to sell Michelin tyres online
  • Kalyan Jewellers ropes in Sonam Kapoor as new brand ambassador
  • Babas jump on FMCG bandwagon
  • Dutch beer giant Heineken appoints JM Financial to help increase stake in United Breweries
  • Government ban on 350 drugs jolts 4% of pharma retail market
  • Food regulator FSSAI launches mobile app for consumers
  • Paytm Partners with PVR and INOX to Advance into Movie-Ticketing Business
  • Indian Railways Announces On-Demand ‘Clean My Coach’ Service

Clean My Coach Indian Railways

 

“Action and adaptability create opportunity.”

– Garrison Wynn

 

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Retail News Round Up_March 08,2016

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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

 

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Retail news Round Up_Feb 26,2016

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Retail news :

  • Flipkart to shut its grocery delivery app Nearby within 5 months of launch
  • Etail giants like Snapdeal, Amazon lose market share in 2015; small etailers emerge as real winners
  • Ex-eBay India head is the new COO of Jabong
  • Flipkart to spend more on technology, to increase tech team headcount by 50%
  • Amazons Jeff Bezos has the best hand in Indias e-commerce game
  • CouponDunia to launch in-store discount coupons

  • MTR expands its breakfast portfolio with new launches
  • Chinese smartphone maker OnePlus plans local engineering team for India
  • LeEco to foray into TV segment, to commence sales through brick-and-mortar stores
  • India Inc lauds plan to bring digital payment at par with offline payment
  • Lenovo Announces World’s First Project Tango Smartphone; Coming in July 2016

Summery : RailBudget  2016

  • WiFi would be provided at 400 more stations; 100 stations already have WiFi as of now
  • Railways would work with eCommerce companies to increase revenue via freight route
  • Railways receives around 100 terabytes of data every year. They will now use Big Data to analyse and use this enormous data
  • Social media would be now used more prominently for customer care and outreach
  • Indian Railways is expecting an operating ratio of 92% this year
  • Rs 1.21 lakh total capital planned for Railways Budget 2016
  • Rs 8720 crore was saved last year, which would be used this year
  • Rs 8.5 lakh crore would be spent on Railways modernization
  • 2000 km of rail line would be electrified this year; which is an increase of 50% compared to last year
  • 2500 kms of rail line would be converted into broad-gauge this year; its an increase of 30% compared to last year
  • 17,000 bio-toilets would be created; 475 new toilets across various railway station
  • Mizoram and Manipur would be connected via broad gauge
  • IRCTC website would now handle 7200 tickets per second, which is an increase from 2000/second right now
  • 2 lakh online users would be now able to access IRCTC website at a given time, compared to 40,000 right now
  • 2500 water vending machines would be installed at railway stations
  • All major railway stations would be monitored by CCTV camera

  • Antyodaya Express would be launched, which would be unreserved long distance train across major routes
  • Humsafar Express would be launched, which would be completely 3AC coached, for long distance routes
  • Tejas Express trains would be launched, which will have speed of more than 130 kms/sec (starting with Agra-Delhi-Agra route)
  • Reservation for women and aged citizens would increase; women will get 33% reservation in catering
  • IRCTC will soon take over catering services across all trains; local cuisines would be preferred
  • Cancellation of tickets can now be accomplished on phone using 139
  • Exclusive Radio and FM service would be launched for passengers
  • Baby food would be available for new mothers who are travelling
  • India’s first Rail Auto Hub would be launched in Chennai
  • All unmanned crossing shall be abolished by 2020

 

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Retail News Round Up_Feb 16,2016

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Retail News :

  • Swedish companies look up to India as major hub for exports
  • Internet cos like Myntra, Shopclues roll out new initiatives for young mothers
  • CCI rejects complaints of unfair business practices against Ola, Uber
  • China buys half of world’s all luxury goods
  • Snapdeal to route new funding into logistics, fintech

  • Wadi.com gets $67 million; to ramp up headcount in India
  • Make in India: Raymond bullish on its Rs 1,400 crore investment plan in Maharashtra
  • New PAN norms are a dampener for the jewellery sector
  • FMCG major RB pledges $1 million for Zika relief package
  • Sanghvi Brands bags exclusive rights to take LOccitane spas to US, Middle East
  • Make In India: Government looking to woo global investors; PM Modi expects policies to boost manufacturing
  • Make in India: India Inc urges new technology to transform manufacturing
  • Make in India: Manufacturing is actually picking up, says Nirmala Sitharaman
  • American Retail giant Target to insource software projects from technology vendors like TCS & Infosys
  • Business-to-business marketplaces find easy business for small and medium enterprises
  • Indian Railways Launches Utsonmobile For Paperless Unreserved Railway ticket Bookings
  • Apple To Setup First $25M Offshore Technology Development Centre in Hyderabad

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“Challenges are what make life interesting and overcoming them is what makes life meaningful.”

-Joshua J. Marine

 

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Today’s M & A Deals_Feb 16,2016

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M & A Deals :

  • Unitus raises Asian impact investment VC fund
  • Snapdeal gets $200M from Ontario Teachers’ Pension Plan, others
  • Aiming at 10-fold rise in AUM by 2020 with small finance bank: Fincare
  • Aasaanjobs raises $5M from Aspada, others
  • IndoSpace to invest close to 1B in India over 5 years
  • Allcargo to buy controlling stake in CCI Integrated Logistics
  • RentSher secures $300K from InMobi co-founder, others
  • Micro-lending startup Buddy raises $500K from Blume, others
  • Tata Chemicals’ arm to sell entire stake in Grown Energy Zambeze
  • Restaurant deals & events aggregator GoYaNo raises angel funding

 

Today’s Wealth mantra !

“The four most dangerous words in investing are: ‘this time it’s different.”

– Sir John Templeton

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