Business - India Daily Digital

Airlines to see widening loss: IATA

The global airline industry’s net losses might widen to $118.5 billion in 2020, the International Air Transport Association (IATA) said on Tuesday. In its revised outlook for airline industry performance in 2020

November 24, 2020

Business·World News

Xiaomi logs record revenues in Q3

Xiaomi on Tuesday announced its third quarter results, beating industry estimates with record revenue and net profit riding on the stellar performance of its smartphone business. The China-based company registered 72.2 billion

November 24, 2020

Business

India’s IT spending to touch $81.9 Bn next year

IT spending in India is set to reach $81.9 billion next year, a growth of six per cent from 2020, according to a forecast by Gartner on Monday. In 2020, IT spending

November 24, 2020

Business·India News

Musk Overtakes Bill Gates as World’s Second Richest

Tesla chief Elon Musk has surpassed Microsoft co-founder Bill Gates to become the second-richest person in the world. The Bloomberg Billionaires Index on Monday put the Tesla chief executive, with a $127.9

November 24, 2020

Business·World News

Nifty’s historic performance a booster dose for India Inc

Rather unexpectedly when the economic conditions looked challenging and visibility was low, India Inc has surprised with the Nifty companies delivering their highest-ever quarterly profits in September 2020 in the last 45

November 24, 2020

Business

Vaccine hopes push Nifty beyond 13K Mark

Optimism over the vaccine front against the novel Coronavirus and the continued flow of foreign funds have boosted the Indian stock market, as on Tuesday the Nifty50 crossed the 13,000 mark for

November 24, 2020

Business·India News

ICICI, Visa join hands to boost fintech innovation

Digital payments major Visa on Monday announced a collaboration with ICICI Bank on its ‘Visa in a Box’ programme for fintech acceleration. Through this collaboration, fintechs can access APIs and the developer

November 23, 2020

Business

SEBI Chief calls for increased Investor awareness

Emphasising on the need for informed decision by investors, Securities and Exchange Board of India (SEBI) Chairman Ajay Tyagi has said that investor awareness and education play an important role in the

November 23, 2020

Business·Economy·India News

Mukesh Ambani lauds PM Modi’s leadership

Mukesh Ambani, Chairman, Reliance Industries Limited (RIL) said on Saturday that the passionate and dynamic leadership of Prime Minister Narendra Modi has made the world sit up and take notice of the

November 22, 2020

Business

Rupee projected to weaken this week

“74 is a strong support for the USD/INR pair and it is unlikely that RBI will allow it to appreciate much further from 74 mark this week. On the higher side 74.5

November 22, 2020

Business·Economy

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