Rupee closes 14 paise higher at 66.41 against USD

Last Updated: Wednesday, September 9, 2015, 19:29

The rupee strengthened by 14 paise to close at 66.41 against the US dollar Wednesday on persistent selling pressure from banks and exporters amid hopes of resumption of foreign capital inflows in equity markets.

GE-Alstom's $14-billion deal gets okay from EU, US

Last Updated: Wednesday, September 9, 2015, 13:15

US-based General Electric in April last year had offered to buy France's Alstom energy business for USD 13.9 billion.

Rupee strengthens 24 paise at 66.31 against US dollar

Last Updated: Wednesday, September 9, 2015, 09:35

Dealers said apart from increased selling of the US currency by exporters and banks, weakening of dollar overseas also supported the domestic currency.

Asian stocks catch a lift from Wall Street, Europe

Last Updated: Wednesday, September 9, 2015, 08:35

MSCI`s broadest index of Asia-Pacific shares outside Japan was up 1.2 percent in early trade, after major Wall Street indexes all logged gains of more than 2 percent.

Infosys says cleared in US visa probe by Labor Department

Last Updated: Wednesday, September 9, 2015, 08:23

"Infosys fully cooperated with the (Department of Labor) in this activity," the company told Reuters in a statement, noting the company was confident from the start that it had complied with US immigration laws.

Rupee bounces back by 27 paise to close at 66.55 against USD

Last Updated: Tuesday, September 8, 2015, 20:04

In line with equity markets, the rupee recovered by 27 paise to close at 66.55 against the US dollar on fresh selling of the American currency by banks and exporters amidst a weak greenback in overseas markets.

Meet JLTV, US Army’s successor to the iconic Humvee

Last Updated: Tuesday, September 8, 2015, 16:24

It’s lighter, faster and provides a higher degree of protection from blasts says Oshkosh Defense, builder of the new Joint Light Tactical Vehicle for the US Army.

US govt finds no violations in H1-B visa case: Infosys

Last Updated: Tuesday, September 8, 2015, 11:57

Infosys fully cooperated with DOL in its investigation, and over 145 files were reviewed, with no violations found, it added.

Asian stocks hold gains after China data in volatile trade

Last Updated: Tuesday, September 8, 2015, 10:53

The weak data raised expectations of more policy easing in the coming months. A Reuters poll at end-August showed a 80 percent of respondents expected a further cut in the reserve requirement ratio and 70 percent saw a chance of interest rate cuts.

Rupee recovers 8 paise at 66.74 against US dollar

Last Updated: Tuesday, September 8, 2015, 09:38

The rupee had plunged by 36 paise to settle at two-year low of 66.82 against the American currency yesterday on persistent dollar demand from banks and importers due to sustained foreign capital outflows.

Markets to remain volatile in Sept-Nov: BofA-ML

Last Updated: Monday, September 7, 2015, 18:25

Domestic capital markets are likely to remain volatile in the September-November period due to factors like US Fed's policy action, second quarter corporate earnings and Bihar state elections, Bank of America Merrill Lynch (BofA-ML) said in a report.