Walmart will triple its annual exports from India by 2027. The announcement comes at a time when the Narendra Modi government has been encouraging local and multinational companies to "make in India for the world."
Market Movers: Snowman Logistics, SpiceJet gain over 6%; over 100 stocks hit 52-week high
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Zuari Management Services of Zuari Agro created a pledge of 45,00,000 on December 8. The stock settled 2.09% up at Rs 158.80.
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Some 11 stocks on the NSE flashed the ‘buy’ signal on the MACD indicator during Friday’s trade. They included Oriental Bell, Rane Brake, Sharda Motor, Jubilant Food and Subros, among others.
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To accelerate its India exports, Walmart will strengthen development of the supply chain ecosystem in India, both by boosting existing exporters and by expanding the nations pool of export-ready businesses.