Gold retreats from late 2016 highs on dollar recovery
LONDON Gold slipped from a two-month peak on Tuesday as investors took stock of U.S. President Donald Trump's first policy moves and a recovery in the dollar from recent lows.
MUMBAI Shares In Indiabulls Financial Services(IBUL.NS) slumped as mush as 7.2 percent on Friday after 21.9 million shares changed hands at an average price of around 284.03 rupees in more than a dozen block deals on both National Stock Exchange and BSE.
On Thursday Indiabulls launched a share sale for institutional investors to raise up to 4.48 billion rupees, according to a term sheet obtained by Reuters.
At 11:20 a.m., shares were down 4.7 percent.
(Reporting by Manoj Dharra; Editing by Rafael Nam)
WASHINGTON U.S. President Donald Trump pushed the chief executives of General Motors Co, Ford Motor Co and Fiat Chrysler Automobiles NV on Tuesday to increase production in the United States and boost American employment.
MUMBAI Most Indian companies with overseas debt have not hedged enough of their foreign currency risk, making them vulnerable to any sharp movements in the rupee, according to a study by credit ratings agency India Ratings.