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The Indian rupee continued to hover near record low levels against the dollar on Friday tracking a strong greenback overseas coupled with sustained foreign fund outflows. Besides, dwindling foreign exchange reserves and fast-widening trade and current account deficits also weighed on the currency. Indias merchandise trade deficit rose to a record $26.1 billion in June 2022. Data released on July 14 showed that while exports […]

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The main stock indices ended near the days high with modest gains on Friday. The Nifty reclaimed the key 16,000 level after the hitting the days low of 15,927.30 in the early afternoon trade. Autos, FMCG and consumer durables stocks were in demand. On the other hand, metals, PSU banks and IT shares declined. The barometer index, the S&P BSE Sensex, was up 344.63 points […]

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Business Wire India Q1 Revenue of Rs 1,874 crore, up 23% YoY Q1 Net profit of Rs 274 crore, up 27% YoY L&T Technology Services Limited (BSE: 540115, NSE: LTTS), India’s leading pure-play engineering services company, announced its results for the first quarter ended June 30, 2022.   Highlights for Q1FY23 include: Revenue at Rs 18,737 million; growth of 23% YoY USD Revenue at $239.5 million; […]

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Marksans Pharma has commenced buyback of its equity shares today i.e. 15 July 2022. The company plans to buyback shares up to Rs 60 crore at buyback price of Rs 60 per equity shares. Powered by Capital Market – Live News

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Rupee recovers

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