Retail news Round Up_Feb 26,2016

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_Dec 18,2015

Retail News :

  • Freshdesk buys user engagement platform Konotor
  • Cabsguru raises angel funding; launches a bot to book cab rides
  • IRCTC passengers can now use Paytm to pay for food ordered online
  • Flipkart’s top shopper in 2015 is single, male and works in an office
  • K Sera Sera & United Mediaworks merge
  • Blubirch secures $2M from Chicago Capital Ventures & other investors
  • Spencer’s Retail to enter ecommerce with Meragrocer acquisition
  • HUL to buy Indulekha for Rs330 crore
  • PepsiCo to launch fastest growing snacks Doritos next week
  • Jabong launches UK-based brand Missguided
  • com to launch ten experience centers by March 2016

Today’s Wealth Mantra !

“Stock market corrections, although painful at the time, are actually a very healthy part of the whole mechanism, because there are always speculative excesses that develop, particularly during the long bull market.”

-Ron Chernow

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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
  • 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_Nov 28,2015

Retail News :

  • Jabong to launch Black Friday weekend sale
  • Kwality to launch a host of new value-added products in next 3-12 months
  • Goli Vada Pav ties-up with Foodpanda and Swiggy
  • US based Cox Automotive acquires stake in Mahindra First Choice
  • Grofers raises $120M from SoftBank & other investors
  • Paytm partners with Lendingkart to offer loans to sellers
  • Quikr to launch a platform for the film industry with filmmakers
  • Uber launches performance based loyalty programme for its drivers
  • IRCTC Revenues Jump to Record $3 Billion, Posts INR 130 Crore Profits!


Today’s Wealth Mantra !

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

– Sir John Templeton



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Retail News Round Up_Nov 26,2015

Retail News :

  • SoftBank leads Rs 780 crore funding in Grofers
  • TFS plans to strengthen India presence, lines up Rs 150 crore of investment
  • IRCTC Partners With FoodPanda To Deliver Food To Train Passengers
  • Nielsen India launches digital ad measurement platform
  • Payment gateway NumberMall acquires BankSmarts
  • Airbus to setup startup accelerator BizLab in Bangalore
  • Publishing company S Chand raises $27 million
  • Coinbase launches bitcoin debit card in the US
  • Pepsi Enters Smartphone Race, Launches P1 & P1S Android Smartphones in China


Today’s Wealth Mantra !

“Wide diversification is only required when investors do not understand what they are doing.”

– Warren Buffett



Retail News Round Up_Nov 25,2015

Retail News :

  • Meru Cabs ties up with Kolkata’s local taxis
  • Vodafone launches 2G and 3G in Arunachal Pradesh
  • IRCTC ties up with Foodpanda for meals delivery at railway stations

  • Titan Partners With HP to Develop Smart Watches
  • Lendingkart collaborates with to expand offline business
  • e-lala to take on e-tailers like Snapdeal, Flipkart, Amazon
  • org Now Available Across India For Reliance Users


Today’s Wealth mantra !

“Price is what you pay. Value is what you get ”

-Warren Buffett.