Indian Currency Closes At 4 Month High Versus USD

Indian Currency Closes At 4 Month High Versus USDIndian rupee on Friday surged to a four-month peak at 45.83 versus the US currency, gaining 31 paise on the back of continued capital inflows from foreign funds.

Dealers at the Interbank Foreign Exchange (FOREX) made this declaration.

With this, the domestic unit has gained 60 paise during the three straight trading sessions.

Indian currency grew by 8 paise to 46.06 per US Dollar during the morning. The northward movement continued till the end of the session.

Finally, it marked its closure at 45.83 after surging 31 paise.

Sensex Gains 795.09 Pts During The Week

Sensex Gains 795.09 Pts During The WeekThe 30-share index Sensex gained around 800 points during the week, which ended on September 17.

It is said to be the sharpest rally in more than 12 months, as foreign institutions made huge investments on account of sturdy macro-economic situation.

The BSE Sensex grew by 795.09 points (4.23%) during the week.

For the second consecutive week, stong fund inflows from FIIs headed the rally at the Indian stock markets.

Moreover, the Sensex surged 1,373 points during the last two trading weeks.

Doing something different makes acting fun: Priyanka Chopra

Priyanka ChopraGurgaon, Sep 19 (IANS) Priyanka Chopra loves challenges. Doing the same thing every day makes her bored, says the actress who now enjoys numero uno status in Bollywood.

"Doing something different is what makes acting fun. I get bored of doing the same thing every day myself," Priyanka told IANS in an interview.

Price band of Cantabil IPO at Rs 127-135

CantabilCantabil Retail India, the discount retailer thinks to hoist Rs 105 crore throughout its initial public offering which unbolts on September 22. The group on Friday settled the price band at Rs 127-Rs 135 per share.

There might be intensity of 48% stake, subsequent to the public issue. The issue shall be during a 100% book-building procedure, in which as a minimum 50% will be owed on in a proportion basis to qualified institutional buyers.

Essar Hyper mart rolls out 100th departmental store in India

Essar-HypermartToday at Ranchi, Essar Hypermart, which is India's primary steel retail chain by Essar Steel, rolled out its hundredth store in India. With this opening, Essar Hypermart now has 100 hyper marts and 419 express marts athwart the nation. Recently the Hypermarts' sale records for 25 per cent of Essar Steel yearly earnings. But its involvement is positioned to budge. Further as the group devices to augment the number of express marts and hypermarts to 126 and 650 in that order, crossways India by March in the coming year.

Gas release from MSC Chitra toxic

MSC-ChitraMSC Chitra has been releasing phosphine gas, which is an inflammable, lethal gas, from its six grasps for a period now. The officials on Friday with the Maharashtra Pollution Control Board gauged the quantity of secretion and s that it was extremely dangerous. The grasps have been releasing between 2 parts per million to 20 ppm of phosphine gas since MSC Chitra crashed with MV Khalijia-III off the Mumbai shore on August 7.

Proceeding to this, the phosphine height releases noted that has been amid 0.1 ppm and 9.0 ppm athwart the deck of MSC Chitra.

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