By Rahul Shah Benchmarks of equity index edged lower in the holiday curtailed week which ended on April 13. The Sensex and Nifty fell nearly 2 per cent each in the three-day trading week with both the benchmarks declining in all the three sessions and ended 58339 and 17476 respectively. Auto, banking, tech stocks witnessed […]
The rupee pared initial losses and settled on a flat note at 82.54 (provisional) against the US dollar on Thursday, supported by a rebound in domestic equities. At the interbank foreign exchange market, the local unit opened at 82.59 against the American currency and touched a low of 82.66 and a high of 82.48 intra-day. […]
India’s Housing Development Finance Corp Ltd (HDFC) is likely to raise up to 150 billion rupees ($1.84 billion) through bonds maturing in 10 years, three merchant bankers said on Thursday. The proposed issue is likely to have a base size of 110 billion rupees and a greenshoe option to retain an additional subscription of 40 […]
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