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Rupee falls near record-low

The domestic currency fell to a low of 91.06 against the dollar during intra-day before settling at 90.98, down 6…

Rupee extends weakness as it opens at 90.12 ahead of US Fed decision (Source: PTI)
Rupee at new low of 90.73   

Foreign investors pulled out $1.5 billion from equity in December, according to data from the stock exchange. The debt market has…

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UltraTech’s Rs 1,800 cr cable foray: Why analysts say cement will still call the shots
UltraTech’s Rs 1,800 cr cable foray: Why analysts say cement will still call the shots
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UltraTech Cement Ltd. has invested Rs 1,800 crore to launch Ultravolt, a wires and cables business, with the goal of becoming a top two player in the segment in five years. While cement will remain the main earnings driver, analysts see potential for Ultravolt to become a valuable secondary business.

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