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Gold, oil fall has improved current account state: JPMorgan

The continuing depreciation of the rupee is because of two factors - current account and capital account, says Brijen Puri, head FX trading, JPMorgan.
Zenith Infotech defaults on $33mn FCCB payment; stock slips

Zenith Infotech has defaulted on USD 33 million FCCB payments. The FCCB holders were payable on September 21, reports CNBC-TV18, quoting sources. It touched a 52-week low of Rs 93.20. At 10:41 hrs the share was quoting at Rs 93.20, down Rs 10.35, or 10%.

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Fccb Payments

Gold, oil fall has improved current account state: JPMorgan

Zenith Infotech defaults on &#36;33mn FCCB payment; stock slips

Zenith Infotech defaults on $33mn FCCB payment; stock slips