Robust foreign capital inflows into upbeat domestic equity markets on the back of better macro fundamentals helped the rupee to gain
Month-end dollar demand affected the rupee
Dealers attributed the rupee's fall to fresh demand for the US currency from importers
In the next 2-3 years the company will pump in Rs 4,000 cr in product development, R&D and marketing infrastructure.
In the forward market, the premium for dollar moved up on fresh paying pressure corporates.
Japanese motorcycle major, Yamaha Motor Co, has drawn up a Rs 800 crore (Rs 8 billion) capex plan and is eyeing a 10 per cent marketshare in the fast growing high-end motorcycle market in India, a top company official said.
Foreign fund inflows and a higher opening in the domestic equity market supported the domestic unit
The rupee ended almost flat against the dollar.
The yen may have depreciated to 110 against the dollar from a high of 96 earlier this year, but bankers are advising extreme caution in using the Japanese currency for raising resources and hedging risks.
This is its lowest level since August 30
Charting out ambitious plans for India, Japanese automaker Nissan on Tuesday said it plans to have as many as nine models by 2012 out of which five will be locally made as it aims to garner around five per cent of the market.
A new solution to raise deal speed is expected to avoid hiccups in trading when launched on August 1
Investors are keenly awaiting the announcement of the macroeconomic data-IIP and CPI due on Tuesday.
Tata Teleservices (Maharashtra) on Friday said Japanese telecom major NTT DoCoMo's open offer for a 20 per cent stake in the company has been deferred following a delay in approval from market regulator Securities and Exchange Board of India.
The rupee on Monday plunged to a two-week low of 66.61 by falling 47 paise against the US dollar on heavy demand for the American currency from importers.
Cumulative sale at India's top six passenger vehicle (PV) makers dropped 0.7 per cent to 267,000 units, from 269,000 a year before.
Barcelona have been very active in the transfer market in recent years, completing three of the top six most expensive transfers ever.
In what appears to be a major reshuffle in the consumer electronics industry, marketing and sales heads of two multinationals - LG Electronics and National - are believed to have put in their papers.
The domestic currency had lost 15 paise to close at 63.82 on Wednesday.
Dairy major Amul, Life Insurance Corporation of India and mobile manufacturer Nokia have emerged as India's top three brands according to Asia's Top 1000 Brands
The rupee fell back against the pound to 98.72 from overnight close of 98.48 and turned negative to end at 77.44 per euro from Rs 77.37.
Unwinding of long-dollar positions by speculative traders and the currency's strong underlying fundamentals buoyed the home unit
The Rupee is seen strengthening against the dollar.
Japan's Daiichi Sankyo makes Ranbaxy Laboratories an offer it can't refuse -- $4.6 billion for a 50.1% stake in India's largest drugmaker.
'In the process, I hope that our Earth will be able to heal some more.'
The price has been cut 39 per cent to Rs 555.85 from Rs 908 per share originally after its request to redeem the bonds ahead of maturity was rejected by the Reserve Bank of India.
Rising for the second session, the Indian rupee on Thursday climbed by 50 paise to nearly four-week high of 62.67 against the greenback on persistent selling of dollars by banks and hopes of capital inflows in view of a strong equity market.
Chairman Osamu Suzuki questions whether Tata's $3,000 car can meet standards, vowing to keep his Maruti brand working on more profitable models.
Rupee ends day stronger against the dollar.
