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Business Economy


Rupee rises by 24 paise against USD

Mumbai, Jun 20 (UNI) The Rupee on Thursday appreciated further by 24 paise to 69.44 against the US Dollar, on renewed selling of US Dollars by bankers and exporters, dealers at Forex Market informed.

Positive close in local domestic market supported the rupee, however foreign fund outflows and rising crude oil prices weighed on the local unit, they said.
The rupee opened strong at 69.47 at the interbank forex market, high fluctuation was witnessed as as it registered day high and low at 69.67 and 69.43 respectively.
The Rupee remained firm for today due to weak dollar against other world currencies, dealers added.
On Wednesday, the rupee had settled at 69.68 against the US dollar, up by 2 paise.

UNI JS SB 1758
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Dumont to set up its ice cream unit in Hyderabad

18 Jul 2019 | 9:10 PM

Hyderabad, Jul 18 (UNI) Dumont, which manufactures frozen desserts, in its factory in Vijayawada in Andhra Pradesh, was planning to set up its another manufacturing facility in Hyderabad of Telangana with an estimated capital of Rs 15 crores within the next year or two, Managing Director Vivek Inampudi said on Thursday.

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Sandra Wijnberg appointed as new independent Director to Cognizant Board

18 Jul 2019 | 7:18 PM

Hyderabad, Jul 18 (UNI) Cognizant, one of the World’s leading professional services companies, on Thursday announced that Ms Sandra Wijnberg has been appointed as a new Independent Director to its Board , with effect from July 16.

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Sensex slumps 318 18 pts on negative global cues

Sensex slumps 318 18 pts on negative global cues

18 Jul 2019 | 7:17 PM

Mumbai, Jul 18 (UNI) The benchmark index of Bombay Stock Exchange (BSE) on Thursday declined by 318.

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Rupee loses 11 paise against USD

Rupee loses 11 paise against USD

18 Jul 2019 | 7:15 PM

Mumbai, Jul 18 (UNI) The Rupee on Thursday lost another 11 paise to end negative at 68.

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Roposo launches new 'Padosan' filter

18 Jul 2019 | 7:12 PM

New Delhi, Jul 18 (UNI) Bollywood fans are in for a treat as short video app Roposo has launched new ‘Padosan Filter’. Taking inspiration from the popular Kishore Kumar and RD Burman’s song, the new filter enables its users to relive the track ‘Saamne Vaali Khidhki’ by acting in it, replacing lead actress Saira Banu.

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