
Morgan Stanley said on Monday it has signed an agreement to sell its Indian wealth management unit to Standard Chartered. Financial terms of the deal were not disclosed.
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A committee appointed by the government to look into US giant Walmart's lobbying activities to enter the Indian market is ready with its report and is likely to be submitted in a day or two.
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Rupee on Friday lost 21 paise to 54.98 against Dollar in early trade on the Interbank Foreign Exchange due to appreciation of the US currency against Euro overseas.
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The rupee on Thursday rose by 10 paise to 54.68 against the dollar in morning trade at the Interbank Foreign Exchange on Thursday on increased selling of the US currency by exporters and banks.
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The USD 45 million global ATM heist, in which data security of two Indian companies was breached, is being probed by Indian Computer Emergency Response Team and the government's cyber watchdog will suggest corrective steps to resist this kind of incidents in future.
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Rupee on Wednesday rose by five paise to 54.76 against Dollar in the early trade at Interbank Foreign Exchange on selling of the US currency by exporters.
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Mangoes exports from India to the US are likely to touch a record level of about 500 tonnes this year, due to a strong demand and an expected sufficient supply of export quality fruit, according to the government body APEDA.
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The rupee on Monday lost 15 paise to hit a fresh over one-month low at 54.95 against the dollar in morning trade on the Interbank Foreign Exchange market due to appreciation of the US currency against other currencies in the global markets.
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US auto major Ford is developing global products with India as reference point and take them to other similar markets, giving the company cost advantages.
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The rupee on Friday lost 32 paise to 54.57 against the dollar in morning trade on the Interbank Foreign Exchange market due to appreciation of the US currency against other currencies overseas.
Rupee, Dollar, Interbank Foreign Exchange, Domestic equity market, US currency,A D V E R T I S E M E N T
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