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Rupee appreciation, wage hike may impact margins of IT players: Barclays

Last Updated: Tuesday, July 08, 2014, 17:21

"Margins are expected to be negatively impacted due to rupee appreciation (100bps impact) and also by wage hikes at TCS, Infosys and Wipro," Barclays said.

UBS pegs Rs at 55 on reforms boost by new govt

Last Updated: Sunday, June 01, 2014, 13:12

The rupee appreciation will most likely lead to lower inflation and less ambiguity.

Chidambaram keeps fingers crossed on rupee appreciation

Last Updated: Saturday, September 07, 2013, 20:46

With the battered rupee showing signs of strengthening, Finance Minister P Chidambaram Saturday said he is keeping his fingers crossed.

Rupee up 61 paise, ends at nearly 2-wk high of 54.84

Last Updated: Thursday, November 29, 2012, 19:40

Tracking a steep rise in local stocks, the rupee Thursday sharply appreciated by 61 paise, its biggest gain in two months, to end at 54.84 helped by capital inflows worth nearly USD 300 million and sustained dollar sales by exporters.

CLSA upgrades India to slight overweight on rupee appreciation

Last Updated: Monday, January 23, 2012, 13:38

CLSA has upgraded India to overweight from neutral and raised its weightage by two percentage points to 8 percent in its Asia Pacific ex-Japan relative return portfolio citing recent rupee appreciation versus US dollar and improved sentiment towards the euro zone.

Rupee at one-month high on share surge, inflows

Last Updated: Tuesday, January 10, 2012, 15:30

The rupee rose 0.72 percent on Tuesday to touch its highest level in a month, propelled by the surge in domestic equities and robust dollar inflows into local debt.

Rupee recovers 37 paise Vs dollar; ends at one-week high

Last Updated: Thursday, October 13, 2011, 00:00

The rupee on Wednesday appreciated by 37 paise to close at the one-week high of 48.95/96 against the US currency in line with sharp rise in local equities.