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GUJARAT GAS : Entered Into A Non-Binding MoU With Petronet LNG Ltd COX & KINGS : To Demerge Foreign Exchange Ops Into Cox And Kings Financial EARNINGS REPORT : Mcleod Russel Q4 Net Loss Of Rs 108 Cr Vs Loss Of Rs 118 Cr YoY

News

RBI sets rupee reference rate at 66.7433 against dollar

March 02

RBI fixed the reference rate of the rupee at 66.7433 against the US dollar and 70.3074 for the euro.

Essar Steel forays into defence manufacturing sector

March 02

Essar Steel has forayed into high-growth defence manufacturing sector by developing steel grades which find application in land and naval defence.

Indian Bank revises interest rates

March 02

Public sector Indian Bank has revised its interest rates in foreign currency non-resident (banking) term deposits with immediate effect.

Lupin launches generic anti-depressant drug in US

March 02

Drug major Lupin has launched generic version of Wyeth's Pristiq tablets, an anti-depressant drug, in the American market.

Micromax eyes 10% marketshare in ACs in 3 years

March 02

Micromax has come up with a new range of air-conditioners and is aiming to capture a market share of 10 per cent in the coming three years.

India's economic, political systems yet to mature: Subramanian

March 02

Economic and political systems in India have not developed maturity for nuanced interventions and tend to take recourse to bans and restrictions, Arvind Subramanian said.

Cash ban: Auto, tractor cos suffer Rs 8,000-cr revenue loss

March 02

The Indian auto and tractor sectors suffered a revenue loss of Rs 8,000 cr in November and December due to demonetisation, according to Mahindra & Mahindra.

Dollar stands tall with March Fed rate hike in sight

March 02

The dollar index, which measures the greenback against a basket of six major currencies, climbed to 101.97 on Wednesday, its highest since Jan 11.

Model GST Bill to go for 20% peak tax, slabs intact for now

March 02

The GST Council has proposed to raise the peak tax rate to 20 per cent in the model goods and services tax Bill to preclude the requirement of approaching Parliament.

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