Search Results for: depreciating rupee

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Layoffs in IT sector not ruled out: Assocham

India's multi-billion information technology (IT) is feeling the heat of a rising rupee, new curbs on H-1B visa.

Apr 19, 2017

indian economy, india forex reserves, rbi data, india stock markets, indian rupee vs us dollar

Foreign direct investment by Indian companies rises sharply in March

Investments by Indian companies abroad spike more than two-fold in comparison to February 2017 figures, according to RBI data.

Apr 18, 2017

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Fortis Healthcare: Standard Chartered PE sells 7.3 million shares

Fortis Healthcare shares closed at Rs 203, up 9.29 percent on the BSE; Standard Chartered PE held 15.8 million shares as of March 31, 2017.

Apr 17, 2017

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Infosys downgraded by Nirmal Bang, IDBI Capital Markets over Q4 results, weak FY2018 revenue guidance

Brokerages raise concerns over revenue guidance for FY2018, deal wins, BFSI revenues from US and weak execution.

Apr 17, 2017

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Upbeat quarterly results key to markets sustaining momentum: Kotak Securities

After weak Q4 results declared by Infosys, all eyes will be on firms such as TCS, Mindtree and HDFC Bank.

Apr 15, 2017

infosys q3 fy2017 results vishal sikka share price

Here is what Infosys CEO Vishal Sikka, COO Pravin Rao, CFO Ranganath said after declaring Q4, FY2017 results

Dollar revenues and net profit for Q4 remained almost flat for Infosys while revenue guidance for FY2018 is 6.5-8.5 percent; Vishal Sikka, Pravin Rao share their views.

Apr 13, 2017

Infosys Q4 net profit remains flat at Rs 3,603 crore, revenues up 3.4% to Rs 17,120 crore

In dollar terms, Infosys announced that revenues stood at $2,569 million for Q4 and $10,208 million for FY2017; final dividend for FY2017 is Rs 14.75 per share.

Apr 13, 2017

BSF officials seize 348 fake notes of Rs 2,000 at Indo-Bangla border

Reports state that the BSF's South Bengal frontier has seized fake notes worth Rs 14.98 lakh this year so far from the border region.

Apr 12, 2017

Xiaomi Mi 6 release date leaked; flagship phone tipped to come in three variants

Reasons why Xiaomi Mi 6 should rock amid competition from iPhone 7, Google Pixel XL and Samsung Galaxy S8

Xiaomi Mi 6 will be up against iPhone 7, iPhone 8, Google Pixel XL and Galaxy S8 but its specs and pricing will ensure its success.

Apr 10, 2017

India's foreign exchange reserves rise $10 billion in FY2017

In an update, the Reserve Bank of India said that India's foreign exchange reserves stood at $369.95 billion as of March 31, 2017.

Apr 8, 2017

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RBI leaves repo rate unchanged at 6.25%; FY2018 growth projected at 7.4%

Retail inflation for 2017-18 is projected at 4.5 per cent in the first half and 5 per cent in the second half and economic growth estimate (GVA) for 2017-18 is 7.4 per cent.

Apr 6, 2017

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Xiaomi Mi Fan Festival sale: Tips and tricks on how to buy Redmi Note 4, Mi Band 2 and Mi Powerbanks on Re 1 flash sale

Here's a buyer's guide on how to make a quick purchase during Xiaomi Mi Fan Festival's Re 1 flash sale. Redmi Note 4, Mi Band 2 and 10,000mAh Mi power banks are up for grabs.

Apr 6, 2017

rbi, new rs 200 note, rs 200 note printing, rbi updates on currency, modi govt

Move to introduce Rs 200 note comes even as demand for cash is falling

Statistics analysed by an SBI economist say that the demand for cash among Indians is gradually declining even as RBI "approves" introduction of Rs 200 note.

Apr 4, 2017

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RBI to launch new 200-rupee notes soon? Fake image of Rs 200 note going viral

Rumours are rife that 200-rupees note will soon be out in India and a fake image of the note is already being shared on social media.

Apr 3, 2017

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Weekly cash withdrawals fall sharply in the past three months

The RBI had completely removed limits imposed on cash withdrawals, with effect from March 13, 2017.