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RBI plans to ease hedging norms for exporters, importers
May 24, 2013 at 15:11 | Source: Reuters
The Reserve Bank of India plans to allow exporters and importers to rebook and cancel up to 50 percent of their total hedged exposure from the present cap of 25 percent, Executive Director G Padmanabhan said a in speech in Singapore on Friday.
Wockhardt receives import alert from USFDA
May 24, 2013 at 14:23 | Source: Moneycontrol.com
Wockhardt has received an 'import alert' from USFDA on one of its manufacturing unit located in Waluj near Aurangabad. The impact of the import alert on the revenues is estimated to be in the range of USD 100m on an annualised basis.
Impact of Inflation on fixed income investments
May 24, 2013 at 12:45 | Source: Moneycontrol.com
Investors often make an investment without taking inflation in to consideration. Understanding inflation is one important aspect of prudent investment strategy. Financial expert Nitin Vyakaranam, explains the effect of inflation on fixed income investment.
Wockhardt tanks on import alert; Macquarie, Citi cut target
May 24, 2013 at 12:02 | Source: Moneycontrol.com
Wockhardt, which hit the lower 20 percent circuit on Thursday, plunged further 18 percent in opening trades on Friday. The US FDA has issued an import alert on one of its facilities in Aurangabad, Maharashtra and the company's chairman said that will impact business by USD 100 million.
IIFL sees rupee heading to 60/$ by Dec-end
May 23, 2013 at 19:56 | Source: Moneycontrol.com
IIFL's Disha Bhatt expects the rupee to head towards 60 per dollar by December-end. She cites rollback of stimulus or bond buying by the US Federal Reserve and rise in dollar demand by oil importers as reasons for the dollar appreciation.
Wockhardt says USFDA import alert could impact biz by $100m
May 23, 2013 at 18:43 | Source: PTI
Shares of the Mumbai based Wockhardt today tanked by 20 percent to close at Rs 1,315.25. Wockhardt Chairman Habil Khorakiwala said import alert could impact the company's business by USD 100 million

Videos »
Wockhardt tanks 20% on US FDA import alert
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55.30/USD key level for rupee now: Moses Harding
See pullback & Nifty slipping to 6,000-6,200 range: Udayan
Steps to curb gold imports if needed: P Chidambaram
more »

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News across the web »
Interview: Pakistan should consider IMF deal after reforms in place - adviser
LAHORE, Pakistan (Reuters) - Pakistan's new leadership expects first results of its planned steps to shore up its finances and ease a power crisis in two or three months and only then should decide wh...
May 24, 2013 at 23:46 | Source: FirstPost
Syria opposition seeks to unify as momentum for talks builds
ISTANBUL (Reuters) - Syria's fractious opposition scrambled to agree a new leadership on Friday in a bid to present a coherent front at peace talks which the United States and Russia are convening to ...
May 24, 2013 at 23:31 | Source: FirstPost
Director Rupesh Paul finds a leading man for Sherlyn in 'Kamasutra 3D'
Mumbai: Director Rupesh Paul has finalised model King Malkhan for the male lead in 'Kamasutra 3D' and he will be seen romancing Sherlyn Chopra in the film."We are announcing the name of the male ...
May 24, 2013 at 22:33 | Source: FirstPost
BCCI president Srinivasan should resign: NCP leader
Describing cricket as an important and popular game, Nationalist Congress Party (NCP) spokesman D.Tripathi on Friday called for the resignation of Board of Control for Cricket in India (BCCI) preside...
May 24, 2013 at 22:13 | Source: DNA India
More contracts up for grabs this year, says Nasscom V-P
If Rajiv Vaishnav, Vice-President of Nasscom (National Association of Software Service Companies), is to be believed, then 2013-14 promises to be a good year for Indian IT companies. Global contracts...
May 24, 2013 at 21:42 | Source: The Hindu BusinessLine
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