Jun 19, 2017 - IDBI initiated insolvency proceeding against Lanco, first among 12 accounts identified by RBI

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Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk
Most glowing opinion pieces on the acquisition of Whole Foods by Amazon (Forbes) don't hold water. There are much cheaper ways to get quick delivery (partnerships with stores, etc) than buying expensive Whole Foods locations. This is not a threat to Wal-mart as there is very little overlap between the customer bases of Whole Foods (high end) and Wal-mart (middle and lower income). However, grocery is a desirable retail category that Amazon has been trying to crack for a while. The market size is more than $600bn in the US alone (everyone needs food) and is fragmented (No grocer has more than 10% market-share other than Wal-mart, which itself controls only a fifth of grocery sales). Also, with its stock price at a low (with 2 years of declining sales), Whole Foods comes cheap (especially when bought with Amazon stock). At best, this is a relatively inexpensive "offline retail" experiment that will enable Amazon to scale its "technology in the physical environment" efforts, while gaining access to a running grocery business with great brand recall. Some downsides in this article titled 'The one glaring problem with the whole Amazon-Whole Foods deal'

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Aye Finance wants to mop up $25-40 million in next round

SME lending firm signs non-disclosure pacts with PE funds based out of US, Europe and India




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Axis Bank gets burnt yet again by divergence explosion

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Eating out may get cheaper as government plans flat 12% GST on all restaurants

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Not happy with your power co? Govt may let you dump him

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Blackbuck raises Rs50 crore in venture debt from InnoVen Capital

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Capital Small Finance Bank raises $4 million from Sidbi, others

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JBF Industries in talks for strategic stake sale

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Fingerlix to raise $7 million in Series B round from Accel, Zephyr Peacock

Ready-to-cook food brand Fingerlix will use the funding from Accel Partners and Zephyr Peacocks to expand into more cities, says founder Shripad Nadkarni



Bad loans: Why more retail lending is not a good sign

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Milestone Capital looks to raise up to Rs 1,000 crore

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Goldman says gold beats bitcoin as bank weighs fear and wealth

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ATMs to dispense new Rs 200 notes only by year-end

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Here Are Motilal Oswal's Five Diwali 2017 Picks

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Micromax partners BSNL to launch 4G phone for ₹2200

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Kishore Biyani-led Future Consumer forms JV with EK Sons Agro Foods

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Amazon makes its presence felt in India's offline retail market

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Ecommerce still lures big bucks in India, investors push in $2 bn in just 3 months
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Amazon continues to make periodic equity infusions into its Indian outfit, having committed $5 billion to it. The other stand-out investor is SoftBank, which has funded Flipkart, Ola and Paytm. Facebook Twitter Linkedin Email


Amazon makes its presence felt in India's offline retail market
Amazon, with its acquisitions and tie-ups, has started making inroads into India’s retail sector, bringing its brands to people who are not yet part of the e-commerce market Facebook Twitter Linkedin Email


Govt readies policy to regulate online pharmacies
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Xiaomi and others invest $8M in microlending platform KrazyBee
Xiaomi and others invest $8M in microlending platform KrazyBee - The Tribune
 
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Woman killed in accidentThe TribuneThe next morning, he found that several mobile handsets of different companies and Rs 7,000 in cash were stolen from his shop. The Division No. 4 police have booked unidentified persons under Sections 457 (house trespass) and 380 (theft) of the Indian ... Facebook Twitter Linkedin Email


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Lighthouse invests Rs76 crore in V2 Retail
The Private equity firm Lighthouse said the investment will be used to accelerate V2 Retail’s store expansion plans Facebook Twitter Linkedin Email


Indians embracing online shopping, e-gifts this Diwali: SwiftKey India
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Social media users in India are happy sharing their personal data on social media platforms
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Firstpost
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FirstpostThe findings showed that for the most part, consumers in India have not yet realised the trade-offs intrinsic to a connected lifestyle that have caused other countries to become more cynical about the way companies are using the personal information ... articles  Facebook Twitter Linkedin Email


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Future Group may raise $400 million via dollar bonds
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Two weeks ago, the Future Group announced that it had acquired HyperCity, a 19-store retail network. Facebook Twitter Linkedin Email


Indians spend 80 min/month shopping for mobiles via apps
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Snapdeal's CFO Anup Vikal puts in his papers
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These small establishments have been buying items from the online retailers and are selling them at market prices. Facebook Twitter Linkedin Email


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