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Edelweiss Fin Services Q4 Net down 10.4%

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Edelweiss Financial Services said on Wednesday its net profit for the fourth quarter ended March declined by 10.4 per cent to Rs 38.76 crore. The company's net profit during January-March 2011 was Rs 43.26 crore, it said in a BSE filing. Its total profit during 2011-12 fiscal fell to Rs 127.74 crore, down 45 per cent from a year ago, the filing said.

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Rupee touches new low at Rs 56.5 vs dollar

The rupee today tumbled by 26 paise to trade at a new low of Rs 56.50 against the US dollar in early trade on increased capital outflows and strong ...

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