Rising for the fifth straight session, the rupee gained 9 paise at 66.31 against the dollar in early trade on Monday.
Byju's, says Anita Kishore, has given the founders of the businesses it has acquired the independence to operate separately and maintain their core culture.
In overseas trade, the American currency traded lower against the yen and the euro in an Asian session as well as modest profit-taking after recent sharp gains
Persistent selling of the American currency by exporters and bank supported the rupee
Expectations of good foreign capital inflows into equity market in view of firm trend in the stock market also boosted the rupee value against the dollar.
The proposed move to withdraw the DDT would help encourage investments by addressing multiple taxation of income and bringing down the effective tax rate on companies, which is among the highest in the world.
Weak dollar against other currencies overseas supported the rupee
This year is set to be the third consecutive year when India's share of IPOs has fallen relative to the rest of the world.
Weakness of the dollar against other currencies overseas gave the rupee more muscle.
Putting Indian markets on fire, the foreign investors have pumped in over Rs 1-lakh crore of so-called 'hot money' into stocks during 2014 -- taking their cumulative net investments here beyond Rs 10 lakh crore.
As many as 60 investors, overseas and domestic, private and institutional, have evinced interest in buying equity in the BSE.
Did you know that the Government of India has granted certain tax exemptions to start-ups for a prescribed period?
Japan Airlines will slash 6,800 jobs and suspend a number of overseas routes in an attempt to cut cost.
Dollar gains against other currencies overseas amid euro zone debt concerns also put pressure on the Indian rupee.
The total value of holdings of domestic institutional investors as a percentage of the value of FII holdings has reached its highest level in four years.
While Indian telecom czar Sunil Mittal's Bharti did not share deal details, UK Business Secretary Alok Sharma said his government and Bharti Global, will provide $500 million each.
Don't sell the shares immediately after you get possession. It might translate into tax liability, if not held for one year or more.
It's an interesting theory but the reality isn't so simple, say experts.
Silver followed suit and dropped by Rs 325 to Rs 37,100 per kg.
The local currency had gained 17 paise to close at three-month high of 66.37 in Wednesday's trade.
Bouts of dollar demand from importers put pressure on the rupee
Rupee gained on fresh selling of dollars by banks ahead of the RBI policy meeting.
A higher opening in the domestic equity market and a weak dollar against other currencies overseas on a string of disappointing US data last week also supported the gain in the rupee
On Wednesday, the rupee had surged 31 paise to end at a nearly seven-week high of 67.54.
The decline could be attributed to several measures taken by the market watchdog to stop the misuse of the controversy-ridden participatory notes.
Share rises further to 73 per cent from 66 per cent last year; Some overseas i-banks seen scaling down operations
"There is no reason for Indian market to go down just because the eastern markets are down. Nobody should sell in panic," he said.
The Reserve Bank of India has barred companies from raising funds overseas through issue of optionally and partially convertible bonds under foreign direct investment regulations.
The rupee commenced higher at 54.10 against the dollar from Tuesday's close of 54.14 at the Interbank Foreign Exchange (Forex) market.
Traditionally, most PSUs have been cash-rich, which added to their value. However, the government has been tapping regularly into their cash resources to boost revenue for the exchequer
Erasing early gains, the rupee on Friday ended 15 paise lower at 54.37 on month-end dollar demand from importers and heavy capital outflows, amid weak local stocks.
The rupee on Monday fell by 40 paise to 59.96 in early trade on the Interbank Foreign Exchange market, weighed down by dollar's gains against other currencies in global markets.
Govt's decision to allow FDI will attract capital, boost confidence and soothe the nerves, say experts.
Cumulative FII holdings in the company rose to 77.85 per cent in the July-September quarter this year from 73.09 per cent in three months ended September last year, according to data from stock exchanges.
Weakness of dollar in the overseas market also boosted the rupee value against the dollar.
Investors expect the govt to abolish tax on delivery-based transactions in the cash segment.
The Bombay Stocks Exchange S&P BSE Sensex plunged by over 750 points, or 4%, its biggest fall in four years, to end at 18,598 on fear that the roll-back of US stimulus could spark selling pressure by the overseas investors in the equity space.
BHEL, YES Bank, RCom, Titan Ind, JP Associates, BF Utilities, Ruchi Soya and Punj Lloyd have tanked more than 10% each on BSE.
The NSE Nifty reclaimed the 9,800 mark
