Tag: rupee dollar

Rekha Jhunjhunwala exits Nikhil Kamath, Madhusudan Kela-backed smallcap stock with 111% returns in 3 years

Stocks
Star investor Rekha Jhunjhunwala, after inheriting her husband Rakesh Jhunjhunwala’s 10.82% stake in Nazara Technologies, has now completely exited her position in the company, a prominent player in India’s gaming and sports media sector. The...

Volvo India’s gear shift: Changes EV-only plan; ICE models to stay amid slow uptake | India Business News

Business
Volvo Cars India has revised its earlier strategy of transitioning to an all-electric portfolio, opting instead to continue selling both electric and internal combustion engine (ICE) vehicles in the country. Electric vehicles currently...

RBI purchases bonds via OMO, while managing market sentiments

Stocks
The Reserve Bank of India (RBI) began its first leg of liquidity infusion with an open market operation (OMO) purchase of Rs 20,000...

Indian exporters chasing quick buck stung as rupee slide unravels exotic trades

Economy
The lure of quick profits drew some Indian exporters to an exotic option structure when the rupee was rangebound. A handful of them...

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