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SAIF Partners makes USD 1 million seed investment in Niffler

SAIF Partners makes USD 1 million seed

SAIF Partners, a leading venture capital firm with over $4B under management announced a seed investment of US $ 1 million in Mumbai-based start-up Niffler . The mobile-first venture helps users discover deals and discounts from brick and mortar stores. The freshly infused capital will be used towards expansion and diversification. Niffler is a brain child of 3

March 04, 2015  |  comments ( 0 )  | 

Titan begins production at new facility in TN

Titan begins production at new facility

Watch manufacturing major Titan Company Ltd has begun production of stainless steel cases at its new facility in Coimbatore, Tamil Nadu. The facility has been set up at an investment of Rs 75 crore, says a PTI report. “Titan Company Ltd

March 03, 2015  |  comments ( 0 )  | 

Hike in service tax will make industry uncompetitive, says AEPC

Hike in service tax will make industry

Unsatisfied with some Union Budget proposal, Garment exporters body AEPC  increase in service tax would make the industry uncompetitive in the global market. Expressing his views, Apparel Export Promotion Council (AEPC) Chairman Virender

March 02, 2015  |  comments ( 0 )  | 

Zoomcar ties up with Tata Motors

Zoomcar ties up with Tata Motors

Self-drive car rental service Zoomcar has partnered with automaker Tata Motors to add 50 new Nano cars to its fleet. Commenting on the development, Zoomcar Co-founder, Greg Moran said: "We chose Nano primarily because it is a tremendous

February 25, 2015  |  comments ( 0 )  | 

Future Consumer Enterprise fully acquires Aadhaar Wholesale

Future Consumer Enterprise fully

Future Consumer Enterprise, part of Kishore Biyani-led Future Group, has fully acquired Aadhaar Wholesale Trading and Distribution by buying 30 per cent equity stake from Godrej Agrovet and Anamudi Real Estates LLP. Prior to the deal, Aadhaar

February 24, 2015  |  comments ( 0 )  | 

PizzaExpress to open 50 outlets in next 5 years

PizzaExpress to open 50 outlets in next

PizzaExpress, the UK based pizza chain which entered the Indian market in 2012 is planning to open 50 outlets in the country in next five years. The global restaurant chain that differentiates itself from the QSR crowd by its premium casual

February 18, 2015  |  comments ( 0 )  | 

Chogori expands Columbia brand retail footprint in India

Chogori expands Columbia brand retail

New Delhi: Columbia Sportswear Company's exclusive Indian distributor Chogori India Retail has launched three new stores in India. These stores are located at Satya Niketan, Khan Market in Delhi and Pacific mall in Dehradun. 'We

February 12, 2015  |  comments ( 0 )  | 

Hitachi appoints Ichiro Iino as Chief Executive for Asia Pacific

Hitachi appoints Ichiro Iino as Chief

New Delhi: Japanese firm Hitachi has promoted of Ichiro Iino as Chief Executive for Asia Pacific from Managing Director of Hitachi India. Iino will be responsible to grow Hitachi's 'Social Innovation Business' in ASEAN, India,

February 06, 2015  |  comments ( 0 )  | 

Sokrati wins Google's 'India Premier SMB Partner Awards'

Sokrati wins Google's 'India Premier SMB

New Delhi: Ad technology and analytics company Sokrati emerged as the winner of Google 'India Premier SMB Partner Awards' in the 'Best Quality Accounts' and 'Largest increase in Absolute Revenue' Category. The SMB

February 05, 2015  |  comments ( 0 )  | 

Walmart launches in-store tax refunds

Walmart launches in-store tax refunds

Wal-Mart is tempting consumers with a unique way to get cash on the spot at Wal-Mart stores. The retail giant has launched a new program, Walmart Direct2Cash. Walmart will make customers’ tax refunds available in cash at about 3,000

January 22, 2015  |  comments ( 0 )  | 

BlackBerry, Samsung deny report of $7.5 billion takeover talks

BlackBerry, Samsung deny report of $7.5

BlackBerry and Samsung Electronics have denied a report that they are in talks for Samsung to make a takeover offer for the Canadian company, says an AP report. ”BlackBerry has not engaged in discussions with Samsung with respect to any

January 15, 2015  |  comments ( 0 )  | 

Ferrari appoints two new dealers in India

Ferrari appoints two new dealers in

NEW DELHI: Ferrari has announced the appointment of two new dealers in to extend its official presence in India, a strategic market for the company. Ferrari says it is firmly committed to providing a class-leading sales and after-sales service

January 14, 2015  |  comments ( 0 )  | 

Alibaba purchases stake in digital marketing firm AdChina

Alibaba purchases stake in digital

China based e-commerce giant Alibaba Group Holding recently announced that it has purchased a stake in online marketing company AdChina, says a Reuters report.  This investment is aimed at supporting its advertising business. The company did

January 14, 2015  |  comments ( 0 )  | 

SsangYong unveils compact SUV Tivoli

SsangYong unveils compact SUV Tivoli

SsangYong Motor Company (SYMC), a part of the US $ 16.5 billion Mahindra Group has recently announced the launch of its much awaited ‘Tivoli compact SUV model in Seoul, South Korea. Further, Tivoli offers innovative styling and

January 14, 2015  |  comments ( 0 )  | 

Synthite Group to tap Gulf market for spices and masalas

Synthite Group to tap Gulf market for

FMCG division of Rs 1,400 crore worth Synthite Group is all set to venture into the Gulf market with a wide range of spices and masalas, says a PTI report. Commenting on the development, Managing Director of Synthite Group, George Paul said:

January 09, 2015  |  comments ( 0 )  | 

Online jewellery shop Eristona.com unveils ‘Reigning Pearls’

Online jewellery shop Eristona.com

Eristona.com, online shop for artificial and costume jewellery, has launched an enviable collection entitled ‘Reigning Pearls’. The prices start at around Rs 390.   Eristona.com founded in March 2014, is the veritable

January 07, 2015  |  comments ( 0 )  | 

Japan's Yokohama opens YCN in Mumbai, inks deal with Balaji Wheels

Japan's Yokohama opens YCN in Mumbai,

New Delhi: Yokohama India has opened its 2nd Yokohama Club Network (YCN) in Navi Mumbai at Nerul. A fully owned subsidiary of Yokohama Japan, the company has tied with Balaji Wheels for another YCN at Navi Mumbai. YCN is a specialized network

January 07, 2015  |  comments ( 0 )  | 

Maruti increases vehicle prices

Maruti increases vehicle prices

Leading auto manufacturer Maruti Suzuki India has recently announced rise in vehicle prices to Rs 31,600, considering the expiry of excise duty concessions extended to the auto sector, says a report in PTI. According to a company official, this

January 07, 2015  |  comments ( 0 )  | 

Hyundai sales crossed 4.1 lakh in 2014

Hyundai sales crossed 4.1 lakh in 2014

Auto giant Hyundai has recently recorded sales of over 4.1 lakh units in India in 2014. Which amounts to a growth of over 7.5 per cent riding on new launches, including compact sedan Xcent and premium hatchback Elite i20, says a PTI

January 02, 2015  |  comments ( 0 )  | 

Top level shake up at Tata Global Beverages, Tata Coffee

Top level shake up at Tata Global

New Delhi: Tata Global Beverages on Monday announced top management level changes as Sushant Dash being appointed as Regional President, India, in place of Sanjiv Sarin, who is moving as CEO designate to Tata Coffee. The Company also

December 29, 2014  |  comments ( 0 )  |