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Tata Motors, India s largest vehicle maker, has retired $345 million debt by offering its foreign currency bondholders the option to convert earlier at a reduced conversion price. In a statement issu
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MUMBAI (Reuters) - The rupee is expected to further back away from near 19-month peaks on Wednesday as the dollar edges up against major currencies, but the domestic sharemarket performance would be
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MUMBAI (Reuters) - The rupee retreated from near 19-month highs on Tuesday afternoon as some banks booked profits after the sharp rally while month-end dollar demand from oil firms and importers also
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LONDON (Reuters) - World stocks edged closer to a 17-1/2 month peak on Tuesday as a weak dollar-inspired rally in commodities and evidence of a recovery in U.S. consumption spurred buying in risky as
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SINGAPORE (Reuters) - Asian stock markets rose on Tuesday as the weak U.S. dollar spurred overnight gains in commodities, boosting commodity-linked stocks in the region.
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MUMBAI (Reuters) - The rupee is expected to hover near 19-month peaks on Tuesday, supported by gains in regional stock markets and the dollar's weakness against major currencies.
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With major foreign institutional investors pumping funds heavily into the Indian economy, the rupee is poised for a further appreciation against the dollar. On Monday, the rupee touched an intra day
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Thailand-based NRI Surachan Chawla is likely to divest close to 60% of his stake in Catholic Syrian Bank Ltd (CSB) before the end of the current fiscal to adhere to RBI regulations, sources said. Cha
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