Rupee falls 6 paise to close at 88.71 against U.S. dollar

Rupee falls 6 paise to close at 88.71 against U.S. dollar

Rupee trades in a narrow band against the dollar At the interbank foreign exchange market, the rupee opened at 88.64 against the US dollar. During the session it touched an intraday high of 88.64 and an intraday low of 88.71, reflecting a modest intraday swing. What the numbers indicate The movement — a range of … Read more

Onex CEO Sees Potential for More Insurance Deals After AIG Win

Onex CEO Sees Potential for More Insurance Deals After AIG Win

Onex Signals Bigger Push into Insurance After AIG Tie-Up Onex Corp.’s chief executive says the alternative asset manager is open to making more large investments in insurance companies after teaming up with American International Group on a major transaction. The move highlights a growing interest by private capital in the insurance sector, where steady cash … Read more

Lenskart shares make weak debut on bourses, recoup losses to edge higher

Lenskart shares make weak debut on bourses, recoup losses to edge higher

Listing Day Sees Sharp Swings on the BSE The stock opened trading on the BSE at ₹390, registering a 2.98% decline from its issue price. Early action was marked by notable volatility as investors digested the fresh listing. Intraday Movement: Plunge and Recovery After the opening, the share price fell further, plunging 11.52% to hit … Read more