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Egypt relaxes foreign currency rules

Last Updated: Saturday, April 13, 2013, 22:22

Egypt, which is in need of foreign currency, is relaxing its rules on how much cash air travelers can bring into the nation.

Welspun Corp repurchases FCCBs worth $24.4 mn

Last Updated: Friday, March 29, 2013, 19:09

Welspun Corp, the flagship company of USD 3.5 billion Welspun Group, Friday said it has part repurchased foreign currency convertible bonds (FCCBs) worth USD 24.4 million through open market route.