Rupee up 11 paise at 61.02 Vs USD

Rupee upMumbai: The rupee recovered from over one-month low by rising 11 paise to 61.02 against the dollar in early trade Tuesday at the Interbank Foreign Exchange market on selling of the American currency by exporters and banks.

Forex dealers said besides fresh selling of the American currency by exporters and banks, a higher opening in the domestic equity markets and dollar's weakness against other currencies overseas supported the rupee.

The Indian rupee had plunged by 48 paise, logging its biggest fall in more than five weeks, to close at over one-month low of 61.13 against the greenback yesterday following demand for the US currency from importers.

Windows 9 to be laucnhed on September 30

Microsoft-Windows-9Houston - Software giant Microsoft is expected to provide a technical preview of its new Windows 9 operating system at an event in San Francisco later this month.

The event, billed as a chance to "hear about what's next for Windows and the enterprise", will be held on September 30.

The company yesterday sent out invitations for the event which experts say will talk in broad strokes about features aimed at corporate users for the next version of Windows, which people are informally calling "Windows 9".

Banks' commission for DBT scheme to be doubled

Raghuram RajanMumbai : Finance Ministry is in the process of finalising the commission to banks at 2 percent of the quantum of funds they transfer to individual beneficiaries under the government's direct benefit transfer (DBT) scheme.

"The issue of commission is in the final stages and the order will be issued for paying 2 percent commission to banks shortly," Anurag Jain, joint secretary (financial inclusion and chief vigilance officer) in Finance Ministry said at a Ficci-organised banking summit through video conferencing this evening.

The present rate of commission is 1 percent.

Girls will relate to my 'Khoobsurat' character: Sonam Kapoor

Sonam KapoorNew Delhi - Actress Sonam Kapoor says her character in upcoming film 'Khoobsurat' represents the independent, modern woman and is confident that girls will identify with it.

'Khoobsurat', also starring Pakistani actor Fawad Khan and actress-politician Kirron Kher, is the remake of Hrishikesh Mukherjee's 1980 film of the same name. Sonam reprises the character played by Rekha in the original.

"Mili is a woman of today. She is strong and independent and does not change herself for any man. Every modern day girl will relate to her. I am sure at least 85 per cent of women will identify with Mili," Sonam told reporters here.

Xi's visit will strengthen ties, says Modi

Xi's visit will strengthen ties, says ModiNew Delhi: Prime Minister Narendra Modi on Monday said he was looking forward to welcoming Chinese President Xi Jinping in Ahmedabad on September 17 and was sure that his visit will strengthen ties between India and China, which share a strong bond of Buddhism.

Ahead of Xi's visit, Modi posted various slides depicting Gujarat's rich Buddhist heritage including his birthplace Vadnagar's excavations on social media 'twitter'.

Cognizant to buy IT firm TriZetto Corporation for $2.7 bn

Cognizant to buy IT firm TriZettoNew Delhi: Cognizant Monday said it will acquire US-based TriZetto Corporation for USD 2.7 billion in an all cash deal, a move which will help the IT services firm tap the lucrative healthcare IT software and solutions market.

The acquisition will create an entity with more than USD 3 billion in combined healthcare revenue, serving around 245,000 healthcare providers (hospitals, clinics, etc) and about 350 payers (health insurers).

Privately-held TriZetto is a provider of healthcare IT software and solutions. Founded in 1997, TriZetto has 13 offices in the US and two in India.

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