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Monday, September 14, 2015

Sep 14, 2015 - Ola raises around $225 million as part of a new funding round led by existing investor Falcon Edge Capital

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Ola raises around $225 million as part of a new funding round led by existing investor Falcon Edge Capital
Investment comes as part of a new funding round that could see the firm raise over $500 million, and is expected to be closed shortly


FSSAI proposes norms for nutraceuticals, ayurvedic products to check mis-labelling

To check mis-labelling of 'health supplements', FSSAI has come out with regulations proposing to ban the sale of such products as 'medicines'.


Online grocers like BigBasket, PepperTap, ZopNow & Localbanya to speed up delivery to outrun kiranas

Companies such as BigBasket, PepperTap, ZopNow say time and convenience are driving more sales for online groceries, unlike deep discounting in apparel or durables segment.


Jabong looks for new CEO as co-founders Sinha, Mohan exit; shuts its design office in London, under pressure from its parent to focus on cutting losses
Jabong, which recently shut its design office in London, is under pressure from its parent to focus on cutting losses


McDonald's India to double outlets with Rs. 750 cr investment in next five years

McDonald’s India is stepping up its operations in western and southern markets of the


Codex committee to discuss quality standards for spices

The 'Codex Standards' for the spices is being discussed at the second session of CCSCH under Codex Alimentraius Commission (CAC), Rome.


Expect clear norms for direct selling, aiming to treble turnover to Rs 6,000 crore in next decade: Amway

Amway is pinning hopes on government's bringing clarity in guidelines for the sector as the company looks to move on from last year's troubles.


Mad Over Donuts inaugurates cafe-style store at Churchgate,Mumbai
HospitalityBizIndiaThen we consolidated our position as to where we stand, how we can get consumers excited to come to our stores, how many donuts we sell per day, - consumption being the most important parameter in QSR. Now that people have accepted the brand and donut




Ratan Tata invests undisclosed amount in Zivame

Zivame recently closed a Series-C funding round of Rs 250 crore from Zodius Technology Fund and Khazanah Nasional Berhad.


Dell, InMobi forges a strategic alliance to leverage each other's capabilities and build a next-generation ecommerce platform for the latter's customers

Dell and InMobi have forged a strategic alliance to leverage each others capabilities and build a next-generation ecommerce platform for the latters customers.


Food inflation needs a policy response
For instance, dearer protein-based products such as milk, egg, meat and fish can potentially keep food inflation at alarmingly high levels, negating much of the gains that cheaper veggies would have otherwise provided. India's official ... Sample this




Why only IITs & IIMs? Some startups believe exceptional talent resides in lesser known institutions too

A few startups believe that the best people may not just be at IITs and IIMs but in other institutions as well, which may be in other parts of the country...


E-commerce players betting big on offline presence

Many e-commerce players have started foraying into physical retail space and the trend is going to become more prominent in future.


Why India's online shopping revolution won't kill brick-and-mortar stores

Research shows that brick-and-mortar retailers in India will grow at between 13% and 15% over the next two to three years.


Snapdeal launches 'one-hour' refund facility; ties up with a private bank to introduce an automated real-time refund transfer system based on IMPS

The online marketplace has tied up with a private bank to introduce an automated, API-based real-time refund transfer system based on IMPS technology...


Steroid-based skin creams for cosmetic use under lens
Tempted to buy that cream promising fair and unblemished skin? Think again.


Food inflation needs a policy response
Hindustan TimesIndia's official numbers say that retail food inflation was 2.15% in July. These, however, could be masking ... Sample this: Arhar is now selling at Rs135 a kg in some areas of Delhi compared to Rs82 a kg in September last year. Worse, it has risen ...




Switching to diet drinks won`t make you slimmer

If you are trying to shed some extra kilos, switching to sugar-free drinks may not really help.


Beating traffic blues: Companies like Philips, Microsoft butter up employees with ease of work ideas

Cos are acting to reduce commuter stress across commercial hubs, especially in and around New Delhi, Mumbai, Hyderabad and Bengaluru...


Beer manufacturers may lose fizz as water scarcity hits Maharashtra
The powerful beer industry in Maharashtra could soon face water woes. Post a de


MissMalini.com: How Malini Agarwal has opened a new growth avenue of Bollywood fashion in lifestyle e-tail?

In India, fashion is very much linked to and influenced by Bollywood celebrities. This is something that we have focused on for a long time in our content, sa..


Snow the secret ingredient for making wine in Finland

Snow, preferably a thick layer of it, is the recipe for successful winegrowing in western Finland, at what is believed to be the world's northernmost winery.


Dell, InMobi Join Hands for an e-Commerce Platform

Ad Age is the leading global source of news, intelligence and conversation for marketing and media communities


Logistics player Budget Group on expansion spree
Ties up with foreign logistics biggies to expand its reach to 11 more countries


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