TT Epaper
The Telegraph
TT Photogallery
 
IN TODAY'S PAPER
WEEKLY FEATURES
CITIES AND REGIONS
ARCHIVES
Since 1st March, 1999
 
THE TELEGRAPH
 
 
CIMA Gallary
Email This Page
Business Briefs

Rupee value

Mumbai, Sept. 13: The rupee extended its losses for the seventh straight session and tumbled by 37 paise to close at a nearly 16-month low of 47.60 against the US currency on persistent dollar demand from importers and banks. Dealers said heavy dollar demand from importers and some banks on expectations of a further rise in the American unit amid late weakness in local stocks weighed on the rupee.

Harshad assets

New Delhi, Sept. 13: The SBI, the income tax department, SBI Caps and Standard Chartered will get Rs 650 crore from the liquidated assets of Harshad Mehta entities, a Mumbai special court order said.

Cairn board

Mumbai, Sept. 13: Cairn India’s board may tomorrow concede to pay royalty and cess on its mainstay Rajasthan oilfields to clear its over $6-billion stake sale to Vedanta Resources.

Email This Page
 
 
" "