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Friday, September 18, 2015

Sep 18, 2015 - Nils Chrestin to run the show at Jabong as founders Arun and Praveen move out

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Jugnoo buys older start-ups to take on Ola and Uber; acquires both Bistro Offers and Yelo for $1 million in cash and stock - Business Standard
India's Jugnoo, a ten-month-old start-up that has apps for both auto rickshaw rides and food delivery, announced it acquired Bistro Offers, a restaurant discovery app and Yelo, a services marketplace. The deal size of both the start-ups combined is said to be worth $1 million in cash and stock.


SABMiller Gets Takeover Approach From Anheuser-Busch InBev

Anheuser-Busch InBev launched an effort to take over SABMiller PLC, a bold move that, if successful, would create a brewing giant that would dominate much of the global beer market.


Nils Chrestin to run the show at Jabong as founders Arun and Praveen move out

Nils Chrestin, of Global Fashion Group, is running the show at Jabong as its CEO Arun Chandra Mohan has quit and MD Praveen Sinha is on his way out.


Instant coffee makers import raw coffee as prices rise here

Prices of Indian green coffee of both varieties ­ Arabica and Robusta ­are about 10% higher than global prices. So exporters are importing raw coffee.


E-commerce bubble will burst soon, says former Network18 MD Raghav Bahl

The e-commerce bubble is likely to burst sooner than later as businesses run on profits and not on ideas, former MD of Network18 Raghav Bahl says.


RB's Global CEO on How the Brand Rode 'Swachh Bharat's Popularity in India

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


E-commerce creating smaller businesses: Kishore Biyani

Speaking about the current regulatory environment at the India Retail Forum (IRF) here, Biyani expressed disappointment over ever-increasing number of permits for doing business.


For India's Largest Online Lingerie Retailer, Privacy Pays

Zivame is one of several online retailers cashing in on the awkwardness many middle-class women feel buying underwear in public.


85 per cent of Indian e-commerce firms are over-valued including Flipkart, Snapdeal, says Vinod Khosla

Flipkart, the country's largest e-commerce company, is valued at $15.5 bn, while its rival, Snapdeal, is valued at nearly $5 bn


Dabur walks the baby talk

Homegrown FMCG major takes on MNC giants as it floats a new sub brand for baby care products


Consumer goods prices likely to rise in October as imports get costlier

Prices of consumer goods are set to go up 2-5 per cent in October as the weakening rupee has pushed up the cost of imported components in such electronic items.


Shree Renuka Sugars to merge UAE-based arm with itself

The amalgamation has been approved with a view to optimise the synergies of both the companies and strengthen the balance sheet of Shree Renuka Sugars.


Amitabh Bachchan, Kangana Ranaut feature in new BoroPlus TV ad

The brand has previously been endorsed by Bollywood celebrities such as Kareena Kapoor Khan, Sonakshi Sinha and Bipasha Basu.


Government to look into retailer's concern on priority basis

- The close-door meeting that took place at the sidelines of the India Retail Forum (IRF).


Sachin Bansal and Binny Bansal along with some others investors invest $3,50,000 in real estate start-up 'Plabro Networks'

Sol Primero, Outbox Ventures and angel investor Sangram Singh are others who along with Bansals invest $350,000 in the platform


Assam Government lifts ban on Wai-Wai noodles

The products were banned in June after samples of the products were found unsafe as they contained Mono Sodium Glutamate (MSG).


Walmart's mobile chief just joined PepsiCo to lead its new e-commerce push

Walmart's head of mobile and digital has joined PepsiCo to lead a big e-commerce push for the maker of Doritos potato chips and Pepsi-Cola. Gibu Thomas, who helped to drag Walmart into the digital age and spearheaded the launch of its Silicon Valley tech shop @WalmartLabs, quietly left the mega-retailer and started at PepsiCo this month, a PepsiCo spokesman confirmed to Quartz. Thomas didn't...


Big family businesses like Reliance, Birla showing more interest in startups in the digital space

Big Indian family business houses are now busy chalking out and implementing strategies to join the digital economy and get leverage from the ongoing startup ..


Assam government bans lentils from R S Triveni Foods Pvt Ltd

Assam government has prohibited storage, distribution and sale of Masur Dal (lentil) manufactured and packed by R S Triveni Foods Pvt Ltd.


Indiamart, an online marketplace for small and medium enterprises, aiming to generate Rs 2,000 crore in revenue by 2020

“Our SME business is growing at 50% every year but, I think, over a period of time, big businesses will start catering big time to our revenue.”..


Ikea scouts for sourcing partners in India

Swedish furniture retailer, Ikea is scouting for partners to source products for its stores in India and outside, as the company seeks to double its sourcing from the country by 2020.


Compete with yourself, not others: Precious lessons from ITC's Yogi Deveshwar

- Though he is mostly travelling for work or taking important reviews in his headquarters at Virginia House in Kolkata, golf offers that rare self-indulgence. This is where he competes with himself, not with others.


DIPP receives eight single brand proposals to open stores in India

IndianRetailer.comThe Department of Industrial Policy and Promotion (DIPP) has received eight proposals from global brands including Skechers, Kiko International, Ryohin Keikaku, Nike, Adidas and Swarovski to open stores in India through single-brand retail that allows ...




Ban on energy drinks forces makers to go for a remix

Food regulator against ginseng being used with caffeine in such beverages


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