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Rupee weakens further to 58.90 Vs dollar Rupee weakens further to 58.90 Vs dollar The rupee sank by a whopping 90 paise to an all-time closing low of 58.77 in yesterday's session on massive dollar buying by banks and importers.
BSE Sensex falls for 2nd day, Nifty dips below 5,800-level BSE Sensex falls for 2nd day, Nifty dips below 5,800-level The wide-based National Stock Exchange index, Nifty dipped below 5,800 points mark by falling 17.40 points, or 0.30 percent, to 5,796.20.
Scholarship for SAARC nations' finmin, central bank officials Scholarship for SAARC nations' finmin, central bank officials The Reserve Bank of India Tuesday announced a scholarship scheme for higher studies in economics for officials from central banks and Finance Ministries of SAARC nations.
Sharp rise in defaults in securitised CV loans: India Ratings Sharp rise in defaults in securitised CV loans: India Ratings There has been a sharp rise in delinquencies in securitised commercial vehicle (CV) loans given in 2012, India Ratings said Tuesday.
IDFC to seek licence from RBI for setting up bank IDFC to seek licence from RBI for setting up bank Infrastructure financing company IDFC Tuesday said the board has approved a proposal to seek licence from RBI for setting up a bank.
Nifty ends down 36 points on selling in select shares Nifty ends down 36 points on selling in select shares The benchmark CNX Nifty index snapped a two-session winning spree and lost 36 points at the National Stock Exchange Tuesday on selling pressure in select counters on the back of persistent capital outflows from foreign funds amidst a mixed trend in global markets.
RIL overtakes ONGC to become second most valued company RIL overtakes ONGC to become second most valued company Reliance Industries Tuesday toppled state-run oil major ONGC to become the country's second most valued firm after TCS.
Four bankers in fray for NFL stake sale Four bankers in fray for NFL stake sale Four merchant bankers, including SBI Capital and Kotak Investment, are in race to manage the process of 7.64 percent stake sale in National Fertilisers (NFL), which may fetch around Rs 148 crore to the exchequer.
Over 1,000 complaints pending against 28 cos: SEBI Over 1,000 complaints pending against 28 cos: SEBI Over 1,000 investor complaints have been pending against 28 listed companies, including ONGC, Coal India, ITC, Sterlite Industries and Zylog Systems, for more than two months, according to the regulator SEBI.
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