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Page 2013 - Business Finance

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Updated On : 05 Nov 2018 | 10:17 AM IST
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Updated On : 05 Nov 2018 | 10:17 AM IST
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Updated On : 05 Nov 2018 | 10:16 AM IST
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Updated On : 05 Nov 2018 | 10:16 AM IST
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Updated On : 05 Nov 2018 | 10:16 AM IST
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Updated On : 05 Nov 2018 | 10:16 AM IST
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Updated On : 05 Nov 2018 | 10:16 AM IST
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Updated On : 05 Nov 2018 | 10:16 AM IST
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Updated On : 05 Nov 2018 | 10:16 AM IST
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Updated On : 05 Nov 2018 | 10:16 AM IST

Insight: How Hyundai Motor, once a rising star, lost its shine

SEOUL/DETROIT/CHONGQING, China (Reuters) - At a near-empty Hyundai Motor showroom in the Chinese mega city of Chongqing, the store manager is grumbling about his shortage of customers and a lack of bigger, cheaper SUV models popular in the world's largest auto market.

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Updated On : 05 Nov 2018 | 10:10 AM IST

Global cues, rupee dent equity indices

Broadly negative Asian markets, along with a slightly weak rupee and profit booking dragged the key domestic equity indices in the red during Monday's morning trade session.

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Updated On : 05 Nov 2018 | 10:05 AM IST

Rupee weakens; soft crude likely to limit fall

MUMBAI (Reuters) - The rupee opened weaker on Monday tracking Asian peers due to strong U.S. jobs data that bolstered expectations of faster rate hikes there.

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Updated On : 05 Nov 2018 | 9:55 AM IST

Sensex drops below 35,000

Domestic stocks drifted lower in early trade on negative Asian stocks. At 9:20 IST, the barometer index, the S&P BSE Sensex, was down 72.14 points or 0.21% at 34,939.51. The Nifty 50 index was down 21.70 points or 0.21% at 10,531.30. The Sensex dropped below the psychological 35,000 level in early trade.

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Updated On : 05 Nov 2018 | 9:50 AM IST

Rupee falls 34 paise against US dollar in early trade

The rupee depreciated 34 paise to 72.79 against the US dollar in early trade at the interbank forex market Monday on foreign fund outflows. The rupee opened lower at 72.76 per dollar against previous close of 72.45 and dropped further to quote 34 paise down at 72.79 in opening trade. Traders said increased demand for the US currency from importers and losses in the domestic equity market weighed on the rupee. Besides, the dollar trading higher against some currencies overseas too put pressure on the rupee, they added. The rupee on Friday clocked its biggest single-day gain in over five years, surging by 100 paise to close at 72.45 against the US dollar on easing crude oil prices. The benchmark BSE Sensex fall 100.54 points, or 0.29 per cent, to 34,911.11 in opening session.

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Updated On : 05 Nov 2018 | 9:35 AM IST

Axis Bank gains after strong Q2 results

Axis Bank rose 2.24% to Rs 623.60 at 9:17 IST on BSE after net profit rose 82.62% to Rs 789.61 crore on 15.5% rise in total income to Rs 15959.37 crore in Q2 September 2018 over Q2 September 2017.

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Updated On : 05 Nov 2018 | 9:31 AM IST