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Rupee rises on dollar weakness

Thursday, 08 October 2009 11:20 administrator

Mumbai: The rupee rose to a fresh one-year peak on Thursday, helped by the dollar's weakness against other currencies and investors would watch the stock market for fund flow direction.

At 9:13 a.m., the partially convertible rupee was at 46.36/37 per dollar, above Wednesday's close of 46.66/67 per dollar.

RIL wants ADAG's 'malicious' ad campaign nipped in bud

Monday, 24 August 2009 11:14 administrator

New Delhi: Terming as 'malicious, baseless, mischievous and ill-informed' the advertisment propaganda by Anil Ambani Group on its gas field capex, Reliance Industries has stated that the development cost was the lowest in the world and compares favourably to any other project in India.

RIL President and CEO (Petroleum) PMS Prasad on August 20 wrote to Oil Secretary R S Pandey, saying "certain parties are bent upon holding the country's price and national interest hostage to their own narrow commercial interests and are stopping at nothing to destroy the reputation of the country."

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Last Updated on Monday, 24 August 2009 11:19

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