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Home  Business

Business

Rupee slips 17 paise to 73.73 against US dollar in early trade

Rupee slips 17 paise to 73.73 against US dollar in early trade

  • Equity markets flat in volatile trade amid weak global cues

    Among stocks, Mahindra & Mahindra skidded by 2.2 per cent to Rs 717.65 per share while Tata Motors was down by 2 per cent to Rs 176.80.
  • Hyderabad based Foody’s eyeing expansion

    It has so far invested about Rs 3 crore in the operations, said its founder and chief executive officer Nayeem Khan
  • ‘Merchandise exports take a hit’

    India Exim Bank helping States to draw up comprehensive export strategies to tap full potential
  • Public sector banks to raise Rs 25,000 crore in next 3 months

    "Banks have been able to raise a lot of money from the markets. About Rs 40,000 crores have been raised by the public sector banks both in the form equity and also AT1 and Tier II bonds.
  • BOB completes integration of erstwhile Dena, Vijaya banks with itself

    The bank has completed the integration of 1,770 erstwhile Dena Bank branches in December 2020, and had earlier completed the integration of 2,128 erstwhile Vijaya Bank branches in September 2020, the lender said in a release.
  • Gold imports dip 40% in Apr-Nov

    The decline in gold and silver imports has helped in narrowing the country's trade deficit, difference between imports and exports, to $42 billion during April-November 2020-21 as against $113.42 billion in the year-ago period.
  • Apple temporarily shuts stores in California amid Covid surge

    The US remains the nation hit the worst by the pandemic, with the world's highest caseload and death toll, accounting for more than 18 per cent of the global deaths.
  • Life insurers focus on guaranteed returns to customers in uncertain times

    In the past few months, many life insurance companies increased the proportion of non-participating saving products with guaranteed returns as an alternative to the falling bank fixed deposit rates
  • 5 States completed stipulated reforms in ‘Ease of Doing Business’

    Five states have so far completed the stipulated reforms in the Ease of Doing Business. These States have been granted permission to mobilize additional financial resources to the tune of Rs 16,728 crore
  • Air India privatisation unlikely to conclude this fiscal

    Salt-to-software conglomerate Tata Group and US-based fund Interups Inc were among "multiple" entities that put in preliminary bids last week for buying loss-making carrier Air India.
  • Home loan ticket size up to over Rs 26 lakh in 2020 on incentives: Report

    Due to the pandemic, people's priorities have changed and they are evaluating their spends and investments very closely, the fintech player said in its third edition of 'BankBazaar Moneymood 2021' report.
  • 5G connected cars to take 40% of China market by 2025

    The sales volume of 4G connected cars are expected to reach 7.8 million units in 2020 to account for 95per cent of the country's total connected car sales volume, according to Counterpoint Research's Smart Automotive service.
  • Top 5 Indian cities capture 25% of smartphone market in October

    According to the IDC, the next set of emerging markets, namely Jaipur, Gurgaon, Chandigarh, Lucknow, Bhopal, and Coimbatore, also grew by nearly 50 per cent YoY.
  • Nehal Modi charged with committing $2.6 million fraud in New York

    Nehal, 41, is charged in a New York Supreme Court indictment with Grand Larceny in the First Degree, Manhattan District Attorney Cy Vance, Jr. said.
  • TITA comes to the rescue of techie’s widow

    Manjunath Goud worked with a software giant for 11 years until his untimely death due to cancer in November
  • ‘Seed-stage funding for startups to be tough’

    Early-stage investments saw a sharp uptick in the August-October period with 101 deals worth $323 million, compared to $180 million across 75 deals in May-July, according to data by Venture Intelligence.
  • TS has shown way in bringing reforms: Abheek Barua

    “We have to think of ways to give poor children access to a device that enables them to access classes (may be pre-recorded) and work on improving internet penetration,” he said stressing the need to spend more on healthcare and education.
  • MTAR Technologies files for 650 crore IPO

    According to the DRHP filed, the IPO is a fresh issuance of up to 40,00,000 shares and an offer for sale of up to 82,24,270 shares from promoter and investor selling shareholders aggregating up to 12,224,270 equity shares of face value of Rs 10 each.
  • Realme launching comprehensive AIoT range in India in 2021

    "Our fans will see a versatile and exciting AIoT product portfolio in the upcoming months. Realme aims to be No 1 in smart audio brand, including TWS and neckband and no 1 in smartwatch category," Madhav Sheth
  • Apple puts Wistron on probation after violence at India plant

    Apple employees and independent auditors hired by Apple have been working around the clock to investigate the issues which occurred at Wistron's Narasapura facility. While these investigations are ongoing
  • TCL 65-inch C715: True experience for big-screen TV lovers

    We used the 65-inch TCL C715 4K QLED TV that comes with support for Dolby Vision priced at Rs 95,590
  • AirPods 3 with AirPods Pro design may launch in first half of 2021

    According to The Elec, the third-gen AirPods will feature the same design as the current AirPods Pro with Apple's H1 chip at the core housed in a new system in a package (SiP) enclosure.
  • Apple set to tap mid-premium range Indian consumers in 2021

    According to the leading market research firm IDC, the premium segment ($500-$700) in India witnessed multifold growth in the month of October with high shipments of the iPhone XR and 11 driven
  • Personalised advertising, privacy are not at odds: FB tells Apple

    Apple CEO Tim Cook has said in a tweet that Facebook can continue to track users across apps and websites as before, App Tracking Transparency in iOS 14 will just require that they ask for your permission first.
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