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Home  Business

Business

Rupee rises 7 paise to 83.48 against US dollar in early trade

Rupee rises 7 paise to 83.48 against US dollar in early trade

  • Zomato confirms talks with Paytm to acquire fintech firm’s movies & events business

    Says discussions under way but no binding decision taken yet
  • Oyo plans $125 million raise at $2.5B valuation: Report

    TechCrunch reported on Monday, citing sources, that the global budget hotel chain is in the final stages of securing a new round of funding, aiming for $100 million to $125 million, which would lower its valuation to $2.5 billion.
  • India to be 3rd largest economy soon: CII president Sanjiv Puri

    Sanjiv Puri, the newly elected CII President and ITC Managing Director, stated that India will undoubtedly be among the world's top three economies within a few years.
  • Learn some lessons from India, ex-Union Minister tells Elon Musk on EVMs

    Rajeev Chandrasekhar calls tech billionaire's remarks "huge sweeping generalisation" which holds no truth
  • Govt cuts windfall tax on crude oil, boosts ONGC, Oil India Ltd

    ONGC and Oil India Ltd, upstream oil exploration and production firms, will gain from the announcement as they are required to pay the windfall tax on their crude oil output.
  • Mondelēz International joins hands with Lotus to sell Biscoff cookies in India

    Through this partnerwhip Mondelēz will leverage its extensive distribution network and local market presence to achieve significant visibility and sales growth in India.
  • Musk takes a dig at OpenAI, says “can’t wait for it have access to my phone”

    Move comes after OpenAI hires Paul Nakasone, ex-commander of US Cyber Command and director of NSA on its board of directors
  • Hyundai files for India’s largest ever IPO

    Furthermore, Hyundai Motor India’s DRHP stated, "We expect that listing the Equity Shares will enhance our visibility and brand image, providing liquidity and creating a public market for the Equity Shares in India."
  • Piaggio unveils Motoplex showroom in Hyderabad to retail Aprilia, Vespa, Moto Guzzi

    The event also saw a display of the Aprilia, Vespa, and Moto Guzzi product range as well as a handover of the all-new Aprilia RS457 to the city’s proud owners. T
  • Benchmark indices fall amid profit-taking and foreign fund outflows

    The 30-share BSE Sensex fell 206.18 points to 76,604.72, while the NSE Nifty dropped 61.5 points to 23,337.40.
  • Hyundai India recalls 1,744 units of Ioniq 5 over charging issues

    The company is recalling the units manufactured between July 21, 2022 and April 30, 2024 to fix the part, data on the SIAM website said
  • Rupee opens flat against US dollar in early trade

    Forex traders noted the rupee's resilience against the dollar, influenced by consumer price index data and the US Federal Reserve's policy decision.
  • Tesla stockholders approve Musk’s $56 billion pay package

    Tesla Board Secures Approval for Musk's 2018 Pay Package with 73% Vote
  • CII expects India’s GDP at 8%; says Inflation to remain closer to RBI’s 4% target this year

    Sanjiv Puri, President of CII, shared his optimism about India's economic trajectory, highlighting that the previous year had surpassed all expectations.
  • Rampant sexual harassment, hostile work environment: Fired employees sue SpaceX

    Allege that CEO Elon Musk ordered their termination after they detailed their complaints in 2022 open letter to management
  • Rupee falls 6 paise to 83.54 against US dollar in early trade

    Forex traders noted resistance for the local unit due to subdued domestic macroeconomic data.
  • Sensex and Nifty hit record highs in early trade

    The BSE Sensex surged 538.89 points to a record high of 77,145.46, while the NSE Nifty rose 158.1 points to an all-time peak of 23,481.05
  • Zepto to raise $650 million at $3.5 billion valuation

    Blinkit's Closest Rival Valuation to Reach $3.5 Billion
  • Olympus Corporation to set up R&D centre in Hyderabad

    Since establishing Olympus Medical Systems India Private Limited in 2009, the company has continually expanded its operations in India
  • iSprout to unveil Flyers Club for conducting business meetings at GMR Hyderabad airport

    The vision behind this new-age initiative is to enable corporate travellers to conduct strategic and confidential meetings in secured meeting rooms, workstations, and business centre services.
  • Rupee gains 5 paise, hits 83.54 against US dollar in early trade

    Forex traders note rupee trading in a tight range amid focus on US May CPI and Fed rate decision, as well as India's Consumer Price Index (CPI).
  • Early Trade: Markets rise on Reliance, Tata Consultancy services buying

    BSE Sensex Rises 252.62 Points to 76,709.21; NSE Nifty Up by 82.25 Points to 23,347.10
  • Apple exports iPhones worth 16,500 crore from India in April-May

    This represents over 80% of the nation's total iPhone production/assembly, according to the data. This represents over 80% of the nation's total iPhone production/assembly, according to the data.
  • Centre imposes curbs on certain studded gold jewellery imports

    This means proper licence will be required from relevant authorities to import
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