The Troubled Rupee
Rupee at record low as India seen lacking options to brake fall
A top official said the government has options to stem a fall in the rupee but did not offer any specifics, turning the focus on the RBI to stem a rout that sent the rupee to record lows. Full Article
- "Hazardous" air, murky skies in Singapore from Indonesian fires
- Rupee at record low as India seen lacking options to brake fall
- Rupee slumps to record low; bonds, stocks slump
- UPDATE 1-U.S. states, greens delay lawsuit, await Obama climate plan
- Finance minister holds meeting with officials over rupee fall
REUTERS SHOWCASE
Buy, Sell or Hold?
Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade. Full Coverage
Reuters India Mobile
Get the latest news on the go. Visit Reuters India on your mobile device. Full Coverage
MARKET EYE-Hexaware Technologies falls after cutting Q4 revenue guidance
* Hexaware Technologies falls in early trade after it revised its fourth-quarter revenue guidance downwards. * The company now expects revenue for the December quarter at $92 million, down from an earlier guidance of $94.7 million-$96.5 million. * Revised revenue guidance also includes the impact of $450,000 on account of hurricane Sandy in the eastern cost of the United States, it said. * Hexaware shares down 4 percent at 102.05 rupees. * Hexaware's lower guidance comes on the back of fears that revenue outlook for 2013 for Indian IT companies looks bleak after Cognizant Technology Solutions' SEC filing. (manoj.dharra@thomsonreuters.com)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
Follow Reuters