Money Morning….

August 22, 2014 0

As per media reports, FTIL proposes 40% cut in annual maintenance contract fee to MCX – Positive for MCX . As per media reports, Financial Technologies (FTIL), the promoter of Multi Commodity Exchange of India […]

Forex News …

August 21, 2014 0

Indian rupee closed slightly higher on Tuesday, supported by dollar inflows after a 4-day weekend and as shares hit a second consecutive record high, but broader gains were capped by good greenback demand from oil […]

Money Morning….

August 21, 2014 0

Post Syndicate Bank, another scam likely to be unearthed at Dena Bank and OBC- Negative from short term perspective One of the leading newspapers has claimed that the Union finance ministry has unearthed a FD […]

Money Morning….

August 20, 2014 0

Safegaurd duty imposed against the seamless pipes and tubes Positive in short term for players like Jindal Saw and ISMT To provide relief to domestic producers, the Government has imposed safeguard duty on the import […]

News on Forex …

August 13, 2014 0

Indian rupee closed slightly lower, as sentiment remained cautious on concerns that foreign investors might book profits in some of their domestic equity or debt holdings, but easing global geo-political tensions limited the fall. Emerging […]

Money Morning…..

August 13, 2014 0

Vatech Wabag announces good set of 1Q numbers. Wabag’s sales increased by 8.2% YoY during 1QFY15 to Rs.1,251 mn while its PAT increased by 51.6% YoY to Rs.92mn led by lower depreciation. Operating margin was […]

How is Forex Markets performing … 08-08-2014 …

August 8, 2014 0

Indian rupee posted its biggest single-day fall in 6-1/2 months on Wednesday, as heavy dollar outflows from the domestic equity and debt markets continued, while strength in the U.S. dollar in the international market added […]

Market Commentary on Forex …

August 7, 2014 0

Indian rupee rose for the second consecutive session, supported by gains in domestic equities after foreign investors turned buyers following a 3-day of selling and overcoming earlier session’s high volatility. The partially convertible rupee closed […]

Money Morning 06-08-2014 …

August 6, 2014 0

Power Grid announces dismal set of results. Negative in the short term Powergrids sales increased by 10.7% YoY to ~Rs.39.4bn below street estimates while its operating profit increased by 10% YoY to ~Rs.33.7bn. The company’s […]

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