Wednesday , 18 October 2017

Category: Business

business

Rupee falls 13 paise against dollar

Rupee falls 13 paise against dollar

The rupee dropped by 13 paise to 64.18 against the dollar at the interbank forex market on Tuesday amid sustained foreign fund outflows. The rupee opened at 64.10 per dollar again ...

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Rupee Extends Losses, Weakens Above 64/Dollar

Rupee Extends Losses, Weakens Above 64/Dollar

The rupee tumbled by 26 paise to 64.10 against the US dollar in early trade today on increased demand for the American currency from importers and banks amid foreign fund outflows ...

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Sensex extends losses, Nifty goes below 10,000; funds inflows lift rupee to 63.60 against dollar

Sensex extends losses, Nifty goes below 10,000; funds inflows lift rupee to 63.60 against dollar

Banking, healthcare and FMCG stocks weighed heavy on markets today as the Sensex faltered and the Nifty dropped below the key 10,000-mark in early session. Asian shares were a mix ...

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SoftBank Fund in Talks to Invest $2 billion in Flipkart

SoftBank Fund in Talks to Invest $2 billion in Flipkart

SoftBank Vision Fund, the technology investor founded by Masayoshi Son, is in talks to invest directly in India’s Flipkart Online Services Pvt, according to people familiar with t ...

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Apple invests $2.70 billion in LG for OLED display: Reports

Apple invests $2.70 billion in LG for OLED display: Reports

Samsung may soon not be the only supplier of OLED displays for Apple as the Cupertino-based tech company has reportedly invested $2.70 billion in LG for the production of OLED pan ...

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Govt suggests RBI to freeze accounts of defaulting firms

Govt suggests RBI to freeze accounts of defaulting firms

The government has requested the Reserve Bank of India (RBI) to freeze accounts of the defaulting firms who have not filed their financial statements and returns. The central bank ...

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Nirma sets eyes on world’s fourth largest soda ash producer

Nirma sets eyes on world’s fourth largest soda ash producer

  EW YORK: Just a year after its biggest buyout ever—the takeover of the Indian cement portfolio of Lafarge for $1.4 billion, trumping bigger rivals Piramal and JSW—Nirma has ...

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Jaitley releases National Trade Facilitation Action Plan

Jaitley releases National Trade Facilitation Action Plan

Finance Minister Arun Jaitley released the National Trade Facilitation Action Plan (NTFAP) on Thursday. The Action Plan aims to transform cross-border clearance ecosystem through ...

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It’s Samsung vs Xiaomi in India now as battle for market share hots up

It’s Samsung vs Xiaomi in India now as battle for market share hots up

KOLKATA: Samsung and Xiaomi are stepping up their fight in the Indian market with both sides seeking to win over the retail trade. The South Korean company has even stopped supply ...

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World Bank to draw up plan for Railways’ Rs 5 lakh crore makeover

World Bank to draw up plan for Railways’ Rs 5 lakh crore makeover

NEW DELHI: The World Bank will help draw up a granular makeover blueprint for the Indian Railways, which is investing Rs 5 lakh crore to transform itself from a colonial-era mass ...

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