Representational image only. | Photo Credit: AP Hyundai Motor India Limited (HMIL), said on March 13 that it has signed a ‘Term Sheet’ for the potential acquisition of identified assets related to General Motors India, Talegaon Plant, Maharashtra. The Term Sheet covers the proposed acquisition of Land & Buildings and Certain machinery and equipment for manufacturing situated […]
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Image used for representational purpose only. | Photo Credit: Reuters The rupee depreciated 37 paise to 81.63 against the U.S. dollar in early trade on November 17, tracking the strength of the American currency in the overseas market and a muted trend in domestic equities. Forex traders said the American currency strengthened after strong U.S. […]
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At the interbank foreign exchange, the domestic unit opened at 82.14 against the dollar, then gained further ground to touch 82.12 At the interbank foreign exchange, the domestic unit opened at 82.14 against the dollar, then gained further ground to touch 82.12 The rupee appreciated 23 paise to 82.12 against the U.S. dollar in early […]
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The domestic unit opened at 82.87 against the dollar, then lost further ground to quote at 82.88, registering a loss of 8 paise over its previous close The domestic unit opened at 82.87 against the dollar, then lost further ground to quote at 82.88, registering a loss of 8 paise over its previous close The […]
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‘Prolonged State interference in auto fuels’ retail prices and losses for OMCs a negative’ ‘Prolonged State interference in auto fuels’ retail prices and losses for OMCs a negative’ Oil marketing companies’ (OMCs’) losses on account of frozen retail fuel prices and the prospect of prolonged ‘State interference’ in pricing decisions pose a negative risk for […]
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Reserve Bank Governor Shaktikanta Das on Thursday described cryptocurrencies as a “clear danger” and said that anything that derives value based on make-believe, without any underlying, is just speculation under a sophisticated name. The government is in the process of finalising a consultation paper on cryptocurrencies after gathering inputs from various stakeholders and institutions. Reserve […]
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