The Falling Rupee

Currency of different denominations are seen in this picture illustration taken in Mumbai April 30, 2012. REUTERS/Vivek Prakash

Rupee hits all-time low versus dollar

The rupee hit a record low against the dollar, breaching 54.30 vs the dollar, succumbing to the steep risk aversion hitting global markets and highlighting the vulnerabilities of the country.  Full Article | Related Story 

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Indo Tech gets export order worth 300 mln rupees

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MUMBAI | Wed Oct 1, 2008 12:15pm IST

MUMBAI (Reuters) - Indo Tech Transformers Ltd said on Wednesday it has got an export order worth 300 million rupees.

The order is for supply of five power transformers of various capacities, it said in a statement.

It has also commissioned a transformer tank manufacturing facility for a cost of 35 million rupees, it added.
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