Business - India Daily Digital

Pfizer CEO sold $5.6 Mn stock on vaccine announcement day

Pfizer CEO Albert Bourla sold $ 5.6 million worth of company stock on Monday — the same day it said its and BioNTech’s coronavirus vaccine was more than 90 per cent effective.

November 11, 2020

Business·USA

EU finds fault with Amazon on abuse of dominant position

The European Commission has reached a preliminary conclusion that Amazon has illegally abused its dominant position as a marketplace service provider in Germany and France, breaching EU antitrust rules by distorting competition

November 11, 2020

Business·EU News

Whatsapp launches Shopping Button Globally

Facebook on Tuesday made a new shopping button in WhatsApp live globally, including in India, to help people check out available products and make purchases right from a chat. The tool will

November 10, 2020

Business·Tech Lite

Surging Gold Price Pushes Demand, Gold Loan Growth

Incessant surge in gold prices led to higher demand for gold loans amid the pandemic and increased the asset under management of major gold loan NBFCs, according to a report by World

November 10, 2020

Business·Economy

Mutual Funds See Rs 2,724 Cr Outflow in October

Equity mutual fund schemes saw an outflow of Rs 2,724.95 crore in October, showed data from the Association of Mutual Funds in India (AMFI). According to the data, the net outflow stood

November 10, 2020

Business

Samsung pips Apple in US smartphone sales

In a significant achievement, Samsung Electronics sold largest number of smartphones in the US in the third quarter of the year, beating its rival Apple for the first time in three years.

November 10, 2020

Business·Tech Lite·USA

Equity market, FII inflow witness huge rise

The Indian equity market has been on a fresh record run of late backed by a surge in foreign institutional investments (FII). In the past three days alone, net FII inflow in

November 10, 2020

Business·Economy

Core Sectors Lead the Demand For Construction Equipment

“The demand for construction equipment is picking up for the past couple of months and it is expected to accelerate further owing to the demand from sectors like roads, railways, energy, irrigation

November 10, 2020

Business·Economy·India News

Paytm to disburse Rs 1,000 Cr to MSMEs

Financial services platform Paytm on Monday announced to double its loan disbursements for the micro- and small and medium enterprises (MSMEs) from Rs 550 crore in last fiscal year to Rs 1,000

November 9, 2020

Business

India Hopes to Boost Biz Ties With US

Indian industry hopes that bilateral economic ties between India and the US will reach new heights with Joe Biden as the next President of the world’s largest economy. On Sunday, Indian Inc

November 8, 2020

Business·India News·USA

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