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CCD, Afoozo bid for operating India Coffee Houses

The government-run Coffee Board said Tuesday private players Cafe Coffee Day (CCD) and Afoozo have bid for running its 15 India Coffee Houses (ICHs) across the country under a franchise agreement. According to a PTI report: The iconic India Coffee...

Snapdeal increases authorised capital to Rs 15 crore

Jasper Infotech-owned leading e-tailer Snapdeal increased authorised capital from initial capital of Rs 10 lakh to Rs 15 crore by issuing an additional 8.82-crore shares of Re 1 face value, said business intelligence platform Paper.vc on Monday. "The company's second...

E-commerce companies cash in FIFA World Cup fever

Indians usually 'bleed blue' with cricket fever, but the ongoing FIFA World Cup has the nation donning yellow, green, red and white as Indian supporters cheer for their favourite teams in the team jerseys. According to a PTI report: Sale...

Snapdeal launches special store for Father’s Day gifting

Celebrating the spirit of Fatherhood, Snapdeal, has announced the launch of its tailored Father’s Day Store on its platform as a one-stop destination to pick special gifts for fathers. This store offers abundant options which range from interesting books to...

Snapdeal announces launch of Eid store

Snapdeal has announced the launch of its Eid Store, a one-stop-shop within the Snapdeal platform, for all festive requirements - from dressing up for the occasion, decorating the house, cooking the feast to shopping for gifts for friends and...

Snapdeal launches travel store

Snapdeal has set-up a travel store that helps buyers with travel necessities at affordable prices. With the holiday season ahead, the store is aimed at helping users with a one-stop destination to buy must-have products and also the good...

Infibeam to buy Snapdeal’s Unicommerce in Rs 120 crore deal

Ahmedabad-based Infibeam said it will acquire Snapdeal’s subsidiary Unicommerce, which offers e-commerce enablement software, in a deal worth up to Rs 120 crore. “Under the agreement, Infibeam will issue optionally convertible debentures on preferential basis to Jasper Infotech valued up...

Indian e-commerce market sees M&A deals worth US $2.1 bn in 2017

As much as US $2.1 billion worth of M&A (merger and acquisition) transactions were inked in 2017 in the booming Indian e-commerce industry, which may soon witness its largest-ever deal - the proposed Flipkart-Walmart nuptial. According to a PTI report:...

Snapdeal introduces one-of-a-kind toy shopping experience for children

Snapdeal has set up a one-of-a-kind ‘Shop-by-Skill’ store to allow parents to choose the right toys to help children between 1-8 years develop critical skills. Several interactive and stimulating toys for children, have been curated for every aspect of...

Snapdeal posts Rs 4,647 crore net loss in 2016-17

E-commerce firm Snapdeal saw its losses mounting to Rs 4,647 crore for the fiscal ending March 2017, impacted by a provision for 'impairment of goodwill' of Rs 1,797 crore. According to regulatory filing to the corporate affairs ministry by Jasper...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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