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Rupee gains 37 paise to one-week high of 62.07 vs dollar

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Mumbai: The rupee gained for the second day, adding 37 paise to a one-week high of 62.07 against the dollar on Thursday as the RBI eased swap norms for banks borrowing funds overseas and exporters so

Sensex gains over 40 points in early trade


The BSE benchmark Sensex recovered over 40 points in early trade on Thursday on selective buying by participants amid RBI plans to take steps to ensure adequate supply of money for credit flows.

Biocon head Kiran Mazumdar Shaw warns of India walk-out


Hyderabad: Even as loss of contract production orders, hike in energy costs, rising inflation and mounting debts have impacted the Indian pharma industry, Biocon has said that the “regulatory underst

SKS Microfinance independent director Ranjana Kumar resigns


Hyderabad: Ranjana Kumar, an independent director of SKS Microfinance Ltd submitted her resignation, a top official said on Wednesday. P.H. Ravi Kumar, non-executive chairman (interim) of the country

BlackBerry slashes Z10 price by one-third to Rs 29,990


Mumbai: Struggling handset-maker BlackBerry today said it will offer its Z10 handset for Rs 29,990, slashing the price by about Rs 13,500 or 31 per cent, as a limited period offer ahead of upcoming f

Maruti to hike prices of all models by up to Rs 10K from October


Guwahati: Maruti Suzuki India, country's largest car maker, on Wednesday said it will increase the prices of its entire range of models by up to Rs 10,000 from October first week, mainly due to depre

Hyundai Motor India receives 10,000 bookings for Grand i10

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New Delhi: Auto major Hyundai Motor India Limited (HMIL) on Wednesday said it has got over 10,000 bookings for its newly launched entry level hatchback 'Grand' within 20 days of the vehicle's launch.

Hindustan Motors to launch small car


Kolkata: Crisis-ridden Hindustan Motors, a C.K. Birla group company, is gearing up for the launch of a small car in the next fiscal, its MD and CEO Uttam Bose said on Tuesday.
The new sub-four meter

IIT-M graduate to buy BlackBerry for $4.7 bn


New Delhi: IIT Madras graduate Prem Watsa- led Fairfax Financials has offered to buy out Canadian firm  Blackberry for $4.7 billion bringing the Indian origin  investor back on the global M&A sce

NSEL defaults sixth time; pays only Rs 11.45 crore to investors

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New Delhi: Crisis-ridden National Spot Exchange Ltd (NSEL) on Tuesday made the sixth straight payment default, as it could pay only Rs 11.45 crore to investors out of the scheduled amount of Rs 174.7

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.