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Rupee eases post record

  • Rupee eases post record

    Rupee eases post record

  • Land Rover drives Tata sales

    The new Range Rover Evoque is seen during the IAA Auto Show in Frankfurt

    Tata Motors today said its global sales increased 35% in November to 1,08,028 units over the same period last year.

    Sales of luxury brands from Jaguar Land Rover were at 29,183 units during November, up 27% from the same month last year, Tata Motors said in a statement.

  • Advance tax rise 10%

    Indian currency notes are stapled to form a garland at a market in Jammu

    Advance tax receipts for October-December in Mumbai tax region have risen about 10% for top 100 companies.

    Companies include Reliance Industries and Life Insurance Corp. of India, a source at the income tax department said on Thursday.

  • Rights Issue for Rel Mediaworks

    Artists work on producing special effects for a film at the Reliance MediaWorks VFX facility in Mumbai

    Reliance Mediaworks, controlled by billionaire Anil Ambani, plans to launch a previously announced rights issue by around March to raise Rs 500 cr to help reduce debt, Chief Executive Anil Arjun said in an interview.

    The film and entertainment services company, which has a debt of Rs 1,500 cr, is also in talks with global private equity firms and other investors to raise Rs 400-500 cr.

  • Recession fears linger

    A woman holds a Greek euro coin in Athens

    The decline in the euro zone's private sector eased a little this month, but a recession still looks inevitable with the region's periphery struggling badly, a key business survey showed on Thursday.

    Markit's Eurozone Composite Purchasing Managers' Index, which measures the activity of thousands of euro zone companies, rose for a second month in December to 47.9 from 47.0, confounding expectations for a fall to 46.5.