- Jun 16 2013, 2303
The rupee hit its all-time low of 58.98 against the dollar past week. While there have been concerns that the rising current account deficit (CAD) would diminish the chances of a further rate cut and would hit interest rate-sensitive sectors, companies from the IT to pharmaceuticals sectors, which stay focused on exports, are expected to see good times ahead as the fall in domestic currency is expected to increase their revenues.
- Jun 13 2013, 2312
As a result of this disinvestment by the government, MMTC became the first firm this financial year to comply with the minimum public holding norm of 10 per cent in public sector firms, which have until August 9 to do so.
- Jun 12 2013, 2308
Titan Industries tanked 13 per cent and hit its 52-week low on Wednesday as investors fear that interest and hedge cost for the jewellery maker will go up after the
- Jun 11 2013, 2206
The total assets under management (AUM) of the mutual fund industry has gone up to an all-time high of Rs 8,68,426 crore at the end of May, breaching a previous
- Jun 10 2013, 2256
Jet Airways plunged 11 per cent on Monday ahead of a meeting of foreign investment promotion board (FIPB) that will decide on the carrier’s plan to sell 24 per cent stake to Etihad — a deal worth Rs 2,058 crore.
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