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Tuesday, 25 February 2020

Stock Market Update, Patanjali, Paytm Mall, Internet users in India, Indian Oil Corporation, coronavirus.

Stock Market Update, Patanjali, Paytm Mall, Internet users in India, Indian Oil Corporationcoronavirus.


Patanjali's decision to sell its products in the country's airports

Baba Ramdev company Patanjali has currently decided to sell its product within the country's airport JHS Svendgaard Retail Ventures is now going to open a store at International Airports in Delhi in association with Patanjali. Under this partnership, Patanjali is planning to open stores altogether with major international airports within the country.

Paytm Mall has stepped up to make Domestic Manufacturers' product a new market abroad

Paytm Mall has taken a new step to make Domestic Manufacturers' products a new market abroad. Paytm Wholesale Commerce, a subsidiary of Paytm Mall, has partnered with many companies to take Indian products to markets such as Southeast Asia, Middle East, Africa, and the US. Paytm says that it is our endeavor that we become the largest medium of Global Consumers to buy 'Made in India' products.

Internet users to reach 90.7 crores by 2023 in India

According to technology company Cisco, by 2023, the number of people using the Internet in India can reach 907 million. Let us tell you that in the year 2018, the number of people using the Internet in the country was 39.8 crore. Also, in the next 3 years, the number of mobile users is estimated to be 96.6 crore, which was 76.3 crore in 2018, which was 56%.

The beginning bidders were approved to sell to Indian Oil Corporation limited

The starting bids have been approved to sell to the country's largest petroleum company Bharat Petroleum Corporation Limited. The government intends to complete the process of selling a 100% stake in the company by 30 September 2020. Let us know that BPCL has 15,177 petrol pumps and 6,011 LPG distribution agencies. It additionally has 51 LPG bottling plants.

The impact of coronavirus appeared on the Holi market

Sales of Chinese Items in the Indian markets have been affected due to the coronavirus spreading in China and its effect is also visible on the Holi market Generally, there was a glut of Chinese items in India a month before Holi, but this time only Indian products are visible. In view of the current situation of Corona in China, imports are banned and new items are not coming.

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