The rupee recovered from its all-time low levels and settled for the day higher by 19 paise at 82.94 (provisional) against the US dollar on Tuesday, as the American currency retreated from its elevated levels.Forex traders said the rupee appreciated tracking a weak tone in the US dollar. However, selling pressure by foreign investors amid […]
Day: June 19, 2023
USD-INR may consolidate within 81.70- 82.75, expect bargain buying near lower band; BoE, ECB eyed for cuesUSD-INR may consolidate within 81.70- 82.75, expect bargain buying near lower band; BoE, ECB eyed for cues
BY Dilip Parmar The Indian rupee notched the best week since 3 March following the weaker greenback and risk-on sentiments. All Asian currencies gained against the US dollar in the week gone. However, the rupee underperforms among the region on weekly as well as month to date amid higher dollar demand from importers. Short-term Outlook […]
Popular Vehicles and Services files IPO papers with Sebi again; public issue entirely OFSPopular Vehicles and Services files IPO papers with Sebi again; public issue entirely OFS
Popular Vehicles and Services Ltd, which is engaged in automotive dealerships, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial share sale.This is the company’s second attempt to go public.Earlier, the company filed draft papers with the Securities and Exchange Board of India (Sebi) in August 2021 for floating […]