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Showing 1 - 15 News out of 378

Binny Bansal exits Flipkart

Binny's exit from Flipkart had been speculated at the time the Walmart deal was being struck as well but he was held back at the time.

November 13, 2018  |  comments ( 0 )  | 

Amazon eyes 7-8 percent stake in Future Retail

The cost of this potential cash-and-stock deal could be worth 25 billion rupees

October 16, 2018  |  comments ( 0 )  | 

DailyNinja acquires WakeupBasket

This deal marks DailyNinja’s second buyout in Hyderabad after the acquisition of 4amShop a couple of months ago.

October 16, 2018  |  comments ( 0 )  | 

Unicommerce selected as the exclusive partner by House of Anita Dongre for warehouse & e-commerce management solutions

The platform will enable House of Anita Dongre to efficiently manage e-commerce operations.

October 11, 2018  |  comments ( 0 )  | 

Michael Kors buys Italian fashion house Versace

Luxury goods maker Michael Kors Holdings has strike a deal to acquire Italian fashion house Gianni Versace. The cost of whole acquisition stands at $2.1 billion.

September 26, 2018  |  comments ( 0 )  | 

Samara-Amazon acquires Kumar Mangalam Birla's More retail chain

Samara acquired majority 51% in Kumar Mangalam Birla’s ABRL while Amazon's investment arm, Amazon.com NV Investment Holdings LLC, the balance 49%.

September 20, 2018  |  comments ( 0 )  | 

Coca-Cola expands into coffee with $5.1 billion deal for Britain's Costa

Whitbread, which had been in the process of demerging its coffee business from its hotel chain, acquired Costa in 1995 for 19 million pounds when it had only 39 shops.

August 31, 2018  |  comments ( 0 )  | 

Traders to shut shops on Sep 28 against Walmart-Flipkart deal

The decisions were taken yesterday at the annual general meeting of CAIT held at Nagpur which was attended by over 200 prominent trade leaders across the country.

August 21, 2018  |  comments ( 0 )  | 

Kishore Biyani led Future Retail may get foreign investor

The proposed investment will be made based on a large database (nearly 500 million) the company has garnered over the years.

August 13, 2018  |  comments ( 0 )  | 

DailyNinja buys out 4amShop in all-cash deal

DailyNinja has acquired Hyderabad based 4amShop for an undisclosed amount in an all-cash deal.

August 10, 2018  |  comments ( 0 )  | 

TR Capital, Steadview make second investment in Lenskart

The total transactions in Lenskart has reached to five, which also counts International Finance Corp (IFC), the private sector investment arm of the World Bank, and

August 06, 2018  |  comments ( 0 )  | 

Myntra buys omnichannel platform Pretr

With this deal, Myntra has prepared itself to forge omnichannel partnerships with brands on its platform and provide a comprehensive solution to retailers to enhance

August 01, 2018  |  comments ( 0 )  | 

Retailers Carrefour and Tesco join forces in a strategic alliance

The alliance, which will be formally agreed in the next two months, will exclude fresh food products, while each company will continue to work with supplier partners at a

July 02, 2018  |  comments ( 0 )  | 

Walmart India gets half of biz via non-store sales

Walmart had started B2B e-commerce in July 2014 from its Lucknow and Hyderabad 'Best Price Store' and was later extended to other stores.

July 02, 2018  |  comments ( 0 )  | 

Walmart may stretch further the Flipkart deal to close

In June, Walmart kickstarted the process of selling $16 billion worth of bonds to help finance its investment in Flipkart, offering fixed and floating rate notes in nine

July 02, 2018  |  comments ( 0 )  |