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Rupee closes stronger as RBI eases overseas borrowing rules

Mumbai, Jan. 17 -- The rupee on Thursday closed stronger against the US dollar after the Reserve Bank of India eased overseas borrowing rules for companies. The home currency ended at 71.04 to a dolla... Read More


Rupee trades marginally higher against US dollar as trade deficit narrows

New Delhi, Jan. 16 -- Indian rupee today traded marginally higher against US dollar after the country's trade deficit narrowed to a 10-month low in December. At 9.15am, the currency was trading at 70.... Read More


DMart shares fall 11%, the most since listing, after Q3 results

Mumbai, Jan. 14 -- The share price of DMart-parent Avenue Supermarts Ltd on Monday dropped over 11%, eroding more than $1 billion of its market capitalization as many brokerages cut earnings targets a... Read More


TCS shares fall 2.5% after operating margin misses estimates

New Delhi, Jan. 11 -- Shares of Tata Consultancy Services Ltd lost over 2.5% to hit over six-week low on Friday after the company reported sharp contraction in operating margin. The stock in intraday ... Read More


Rupee opens marginally higher against dollar

Mumbai, Jan. 9 -- The Indian rupee on Wednesday strengthened marginally against the US dollar, tracking gains in Asian markets as increasing optimism the US and China will be able to defuse their trad... Read More


Gruh Finance, Bandhan Bank shares slump after merger announcement

Mumbai, Jan. 8 -- Shares of Bandhan Bank fell 6%, while Gruha Finance Ltd declined 14% after both firms announced merger through a share swap deal, which analysts expect to be expensive for former. In... Read More


Rupee weakens against dollar as crude oil prices rise

Mumbai, Jan. 8 -- The Indian rupee was trading lower against the US dollar on Tuesday after crude oil prices surged in eight out of nine trading sessions. Traders awaited the outcome of the US -China ... Read More


Rupee hits 5-month high against US dollar

Mumbai, Jan. 7 -- The Indian rupee on Monday rose to a five-month high after the US dollar fell as trade talks between the US and China began and traders weighed possibility of the Federal Reserve pau... Read More


Dena Bank, Vijaya Bank shares fall as BoB merger deal seen at steep discount

Mumbai, Jan. 3 -- Shares of Dena Bank and Vijaya Bank on Thursday dropped as investors were disappointed after the merger share swap ratio with Bank of Baroda is seen at a steep discount. Intraday, De... Read More


Rupee weakens against dollar on global growth concerns

Mumbai, Jan. 3 -- The Indian rupee on Thursday weakened for a second session against the US dollar, tracking losses in its Asian peers amid mounting concern about the global growth outlook after Apple... Read More