Money Morning…

January 19, 2015 0

Trade deficit in December hits 10-month low on falling crude prices India’s trade deficit narrowed to a 10-month low in December despite a contraction in exports as a slump in crude oil prices and lower […]

Rupee closes flat at 62.15…

January 14, 2015 0

Paring gains from the initial trading session, the rupee ended almost flat at 62.15 against the dollar as demand for the American currency and oil prices falling to a 5-year low weighed on the rupee. […]

Money Morning…

January 14, 2015 0

Crompton Greaves & Arelis enter into MOU to jointly manufacture electronic goods for various sectors. Positive in short term Crompton Greaves (CG) has entered into an agreement with French firm Arelis to jointly manufacture and […]

Rupee rallies higher to close at 62.32…

January 12, 2015 0

The rupee rallied to 62.32 against the dollar for the third straight day on stronger inflows into the domestic equity market and a relatively weaker American currency. The domestic unit strengthened as much as 60 […]

Money Morning…

January 12, 2015 0

Banks to get commission from govt for DBT- Positive for PSU banks like SBI, BOB, BOI, Canara Bank, etc The Union finance ministry has agreed to banks’ long-standing demand for commission for Direct Benefits Transfer […]

Rupee ends stronger at 63.18/dollar…

January 8, 2015 0

The rupee gained 40 paise after foreign investors poured money into the country’s debt markets and on dollar sales by a large company. The currency unit closed at 63.18 against the greenback against a close […]

Money Morning…

January 8, 2015 0

Apollo Hospital to acquire Nova Speciality Hospitals for ~Rs 1.45 bn. The exact value of the transaction is subject to final deal closure – Positive in medium to long term for Apollo Hospital Apollo Hospitals […]

Rupee continues to slide vs dollar…

January 7, 2015 0

The rupee declined for the second straight day to end at 63.58 against the dollar due to heavy capital outflows from the domestic equity market. BSE-benchmark Sensex plunged over 850 points (3 per cent) to […]

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