Business

Mahindra controls over 40 per cent of India's tractor market.

The rupee closed at 55.65/66 per dollar after hitting a record low of 56.40 hit earlier in the session.

The rupee fell to a fresh record low of Rs 56.38 on Thursday.

Maruti Suzuki chairman RC Bhargava says that the price hike was not a shocker given the speed with which the rupee has depreciated.

With no regard for ethics, Indians may well succeed, but India will not. Is that what we want?

At 10:05 am, the partially convertible rupee traded at 54.95/00 per dollar, rebounding from the record low.

Aditya Birla Group Chairman Kumar Mangalam Birla said the media sector was a sunrise sector from an investment point of view.

Since March, the rupee has been the worst performing emerging market currency in Asia.

Going by the output, there is also less scope for interest rate reduction in June.

The DGCA also said that violation would be dealt with under Rule 135 of Aircraft Rules 1937.

Vodafone agreed to buy corporate telecoms company Cable & Wireless Worldwide for 1.04 billion pounds.

Auto stocks hogged the limelight on expectations of rise in sales volumes after the Reserve Bank of India cut repo rate by 50 basis points on Tuesday.

Experts say there is a greater potential for attracting higher FDI provided economic reforms are pushed.

The situation may not be that uncertain, though - medical professionals said Buffett faces good odds, even at his age.

The company's net profit was of Rs 2,316 crore for the 4th quarter of FY12, a fall of 2.36 per cent QoQ.

Infosys, India's No 2 software services exporter crashed over 10 pc after giving much weaker than expected guidance for next quarter.