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Page 37 - ஹிந்துஸ்தான் யூனிலீவர் லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Reliance s Mukesh Ambani- Amazon s Jeff Bezos Fight Threatens The Backbone Of India s Retail Trade

Apr 15 2021, 12:37 PM April 15 2021, 7:51 AM April 15 2021, 12:37 PM A battle of billionaires and digitisation threaten the backbone of India’s $854-billion household retail sector—distributors of soaps to staples.Mukesh Ambani’s Reliance Retail Ltd. is co-opting neighbourhood stores into his vision of creating a network for JioMart—a marriage of brick-and-mortar and online retail. These kirana outlets serve the last mile, supplying grocery and other products ordered on JioMart, taking on Jeff Bezos’ . A battle of billionaires and digitisation threaten the backbone of India’s $854-billion household retail sector—distributors of soaps to staples. Mukesh Ambani’s Reliance Retail Ltd. is co-opting neighbourhood stores into his vision of creating a network for JioMart—a marriage of brick-and-mortar and online retail. These

Consumer good stocks: Consumer goods stocks back in vogue as partial lockdowns return

Explore Now BENGALURU: Shares of consumer goods companies in India rose as much as 1.3% on Friday, with retailers stocking up on supplies as many states in the country imposed partial lockdowns and curfews to counter a stubborn rise in COVID-19 cases. India reported a record number of new COVID-19 infections on Friday, prompting states such as Maharashtra, Karnataka and others to either impose night or weekend curfews as the country battles a second wave of infections and states complain of vaccine shortages. Investors banked on a pickup in demand for consumer staples and personal care items, sending the Nifty subindex for fast-moving consumer goods up as much as 1.3% to record highs, lifting the broader market as well.

Daily Market Commentary - April 9, 2021 - Bonanza Portfolio

Daily Market Commentary - April 9, 2021 - Bonanza Portfolio Posted On: Mr Vishal Wagh, Research Head After three consecutive sessions of gains, On Friday Indian equity benchmarks made a negative start tracking weakness in Asian peers. Markets managed to trim most of their initial losses and are trading flat with positive bias in early deals on the back of board-based buying led by FMCG, Healthcare and Realty stocks. In the afternoon session, Indian equity benchmarks trim all of their initial gain and trade-in in negative terrain. Both Sensex and Nifty are trading around 49,619 and 14,832 levels. Most of the Asian equity benchmarks traded lower in early deals on Friday, as the market sentiments got dulled with the negative US jobs data and unexpectedly higher Chinese inflation figure.

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