Search Results for: rupee

ITC posts 3.84% growth in third quarter, shares slide 4.75%

ITC third quarter results were better than the analysts' estimates, according to Reuters Refinitiv Eikon data.

Jan 23, 2019

Rupee depreciates 26 paise against US dollar in early trade

Forex dealers said the dollar's gains against some other currencies overseas too weighed on the rupee sentiment.

Jan 21, 2019

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Budget expectations, Q3 results to guide Indian equities

The NSE Midcap Index has closed at a five-week low and is beginning to witness broad-based selling. Nifty on the other hand has been able to eke out gains based on a select few bluechip stocks.

Jan 20, 2019

Sensex weekly gain at 378 pts; Reliance up 4.5% on day, Sun Pharma down 9%

Sun Pharma was the top loser, cracking 8.58 percent, on reports of fresh allegations by a whistleblower against the company.

Jan 18, 2019

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US dollar edges up amid economic data

The dollar index, which measures the greenback against six major peers, rose 0.01 per cent at 96.0658 in late trading.

Jan 18, 2019

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Asian markets mixed as Huawei report offsets US earnings

After a tumultuous December, global equities have enjoyed a broadly strong start to the year, largely thanks optimism China and the US will resolve their trade row.

Jan 17, 2019

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Naresh Goyal to cede Jet Airways control as bailout plan explores more Etihad stake

The SBI-approved proposal seeks lenders to recast the private airline's debt and increase foreign partner's equity participation.

Jan 15, 2019

Qatar Airways Group Chief Executive Officer Akbar Al Baker

Bad news for Jet: Qatar Airways won't invest in 'enemy-controlled' company

Both Etihad and Qatar Airways are promoted by cash rich Gulf Arab emirates, though Qatar Airways swung to losses last year after Qatar was placed under a blockade by neighbouring countries.

Jan 15, 2019

Tata Nano at manufacturing plant in Gujarat

Lower IIP numbers may temper Modi government's GDP estimate

November IIP numbers indicate a more-than-expected contraction of growth in consumption and investments clouding GDP growth rate in FY19.

Jan 14, 2019

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Sensex falls over 150 pts ahead of key macro data release

According to analysts, this week, stock market movement will be driven by the announcement of macroeconomic data points and quarterly earnings by various companies, including bluechips RIL and Wipro.

Jan 14, 2019

Who is Meera Sanyal? The lady who left her lucrative banking career for social service

A noted banker-turned-politician, Meera passed away at 57 on Friday after battling cancer for a brief period.

Jan 13, 2019

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Rupee rises 7 paise to 70.34 vs US Dollar in early trade

The rupee opened strong at 70.38 at the interbank forex market against the previous close of 70.41 per dollar then further gained a high of 70.34 amid a positive opening in domestic equities.

Jan 11, 2019

TCS Q3 results announced, profit jumps 24% YoY to Rs 8,105 crore

Tata Group's flagship company reported Rs 8,121 crore consolidated net profit for the quarter (Q3) under review, registering 24 per cent annual growth from Rs 6,545 crore in the same period a year ago.

Jan 11, 2019

World Bank cautions India of turbulence in trade, manufacturing

Multilateral lender pegs India growth higher than national estimate but warns emerging economies are at risk from temporary factors.

Jan 10, 2019

US Dollar, currencies, Euro, Yuan, Yen, Asian shares

New year brings fresh hopes for bulls in Asian currencies

With the trade talk outcome still uncertain, failure could quickly reignite pressure on the yuan with some still expecting it to breach the key 7-per-dollar mark on dimming growth outlook.