Rupee rises 16 paise to 71.04 against dollar
At the interbank foreign exchange market, the rupee opened at 71.24 against the US dollar
Market Movers: What changed for D-Street while you were sleeping
Here’s breaking down the pre-market actions.
Rupee slips 12 paise to 71.74 against dollar
Rupee finally settled at 71.74, lower by 12 paise against its previous close.
Bharti Telecom seeks Rs 4,900 crore FDI nod; infusion to make Airtel foreign firm
Bharti Telecom holds around 41 per cent stake in Bharti Airtel while foreign promoter entities hold 21.46 %.
Forex kitty continues to swells, scales past $451 bn mark
Announcing the fifth bi-monthly monetary policy on Thursday, governor Shaktikanta Das had said the reserves touched USD 451.7 billion as of December 3, an increase of USD 38.8 billion since April.
Govt asks e-commerce firms to file FDI compliance report annually
"Against Sl. No. 15.2.3, for entry (p), the following entry shall be substituted, namely-(p) e-commerce marketplace entity with FDI shall have to obtain and maintain a report of statutory auditor by 30th of September every year for the preceding financial year confirming compliance of the e-commerce guidelines," the gazatte notification said
Forex reserve hits a new high of $451.7 billion
Since the beginning of the current fiscal, the forex kitty has gained by $38.8 billion as of December 3.
Audit firms eye global tie-ups to upgrade skills, build bandwidth
The primary reason, for global tie-ups, being cited is the growing complexity in audit business.
Ericsson to pay over $1 billion to resolve U.S. corruption probes
The bribery took place over many years in countries including China, Vietnam and Djibouti, the department said. The total charges include a criminal penalty of more than $520 million, plus $540 million to be paid to the U.S. Securities and Exchange Commission (SEC) in a related matter.
Rupee settles 10 paise lower at 71.81 against USD
On Tuesday, the local unit had settled at 71.71 against the greenback.
Forex reserve hits fresh record high of $449 billion
In the previous week, the reserves had increased by $441 million to reach $448.249 billion.
The Indian rupee is getting crushed by its own central bank
Re is the worst performer in emerging Asia this quarter and that’s because RBI is mopping up dollar, analysts say.
Rupee firms up by 13 paise against dollar
The local unit settled for the day at 71.53 against the US dollar, higher by 13 paise over its previous closing.
New Sebi framework to boost depository receipts
Experts believe that issuing DRs has the added benefit of increasing the share's liquidity while boosting the company's prestige on its local market.
YES Bank deal will lead to more foreign family offices investing in Indian biz: Ravneet Gill
Any fund that had sold YES stock in the last 6 months were disqualified from preferential allotment.
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