Here s the breaking down of the pre-market actions:
State of Markets
Nifty futures on the Singapore Exchange traded 14 points, or 0.09 per cent, higher at 14,997 in signs that Dalal Street was headed for a positive start on Wednesday.
Tech View: Nifty hurdle at 20-DMA
Nifty50 on Tuesday climbed over 1 per cent and settled above the 14,900 mark. The index formed a bullish candle on the daily chart, with a long lower wick, suggesting that every intraday selling got bought into. Analysts said the 15,000 level will be a key hurdle for Nifty50 to watch out for.
Asian shares mixed in early trade
Asian shares were trading mostly mixed on Wednesday. Japan s Nikkei fell 0.18 per cent to 29,355.64.China s Shanghai Composite rose 0.42 per cent to 3,523.20. Hong Kong s Hang Seng climbed 1.13 per cent to 29,425. Korea s Kospi edged 0.3 per cent lower.
Synopsis
Large, traditional FMCG firms are setting up dedicated venture capital fund or investing directly in smaller startups that sell niche products through online-only channels.
New Delhi: Large, traditional fast-moving consumer goods (FMCG) companies such as Nestle, Reckitt Benckiser, Wipro Consumer Care, Marico and Tata Consumer said they are intensifying focus on online-only brands and businesses. They are either setting up dedicated venture funds or investing in smaller startups that sell through online channels to consumers in response to ecommerce sales doubling and niche, evolving categories that emerged amid the
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ETtech Morning Dispatch on Feb 16, 2021: SC weighs in on WhatsApp, maps get Atmanirbhar
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More than a month after it gave Signal and Telegram an unintended boost,
WhatsApp’s
Supreme Court yesterday gave the firm and its parent company
Facebookfour weeks to reply to a petition challenging the new privacy policy, which was to come into effect on February 8.
Meanwhile,
India’s mapping policy got a huge update on Monday. Indian companies can now create high-res maps for use in such fields as infrastructure, urban transport, home delivery and rural commerce, while foreign entities such as Google Maps are restricted to an accuracy of one metre. Is this the dawn of
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The report titled “India Household Cleaning Market, 2025” presents the thorough analysis of household cleaning market of India. Awareness about cleaning every section of the house is increasing among the consumers. The inherent need for a healthy and pleasant environment at home is making people spend more on household cleaning products with different fragrances. In every category of household cleaning, the products and variants are positioned keeping in mind the lifestyle trends and the requirement for an instant, effective and ‘value-for-money’ solutions. The household cleaning industry is majorly driven by the SME segment, which is scattered and highly unorganized. Due to this reason, there is a lack of strong representation of this industry at the policy-making level. The opportunities in this industry are tremendous and given the right impetus, the household cleaning products are being hugely adopted by the consumers. There has been growing competition among the