MUMBAI: The Indian rupee fell to a three-week low on Friday and registered its worst week in eight, dragged down by a broader strength in the dollar index.The rupee closed at 82.1625 per US dollar compared with 82.09 in the previous session.Other Asian peers also exhibited weakness through the session, with global stocks seeing weak […]
Rupee records worst week since mid March as dollar regains strength Read More »
BENGALURU: Sensex and Nifty reversed intraday losses and extended their winning streak for a third week in a row on Friday, aided by financials and auto stocks, ahead of domestic retail inflation data.The Nifty 50 closed 0.10% higher at 18,314.80, while the S&P BSE Sensex rose 0.20% to 62,027.90. Both benchmarks logged weekly gains of
Sensex, Nifty extend gains for third straight week ahead of CPI data Read More »
BENGALURU: Hindustan Aeronautics Ltd (HAL) on Friday, reported its first decline in profit in 10 quarters, hurt by higher input costs and tax expenses.HAL’s consolidated net profit fell nearly 9% to 28.31 billion rupees ($346.2 million) in the fourth quarter ended March 31.While revenue from operations rose 8% to 124.95 billion rupees, that was offset
Hindustan Aeronautics posts first drop in profit in 10 quarters Read More »
Tata Punch was the fastest SUV to reach the 1 lakh production milestone. However, the SUV has now successfully reached the next step in the ladder – 2 lakh unit production milestone, in just 19 months. The Punch is proving to be an excellent proposition for both buyers and the carmaker. It has been averaging
