Top headlines: UltraTech Q2 net falls 42%; rupee breaches 83 per dollar

Rupee plunges 61 paise to dip below 83-mark for first time against dollar

The rupee plunged 61 paise to decline below the 83-mark for the first time against the US dollar on Wednesday amid unabated foreign capital outflows and a strong dollar in the overseas markets.

Besides, rising crude prices in the international markets and risk-averse sentiment among investors weighed on the local currency, traders said. Read more

UltraTech Cement's Q2 net profit falls 42% to Rs 759 cr; net sales rise 16%

Aditya Birla group firm UltraTech Cement Ltd on Wednesday reported a decline of 42.09 per cent in its