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NORWEGIAN KRONE
Thomas Cook India adds 16 currencies to its prepaid forex cardsThomas Cook India has increased its prepaid Forex Card offerings to 28 global currencies. This expansion caters to growing travel demand to...- Banks push for Yuan trade in GIFT City as India-China ties warm upIndia's GIFT City is considering allowing banks to transact in offshore renminbi. This move follows a suggestion from banks to broaden serv...
- World's biggest sovereign fund loses $43 billion in Q3"The third quarter has been characterised by rising interest rates, high inflation, and war in Europe. This has also affected the markets",...
- Dollar weakens as stocks gain; Norway's crown jumps"Markets are quietly risk-on overnight", said Adam Cole, chief currency strategist at RBC Capital Markets.
- Dollar defies detractors with its strongest start in 5 yearsThe Bloomberg dollar index has climbed 1.9% since the end of December.
- Credit Suisse cautious on rupee; retains 12-month forecast at Rs 70 against US dollarThe rupee hit a fresh two-week low of 68.93 against the USD in early session today.
- From Kingfisher to United: Airlines who flew bankruptAir India is under a debt of over Rs 52,000 crore, with the government planning disinvestment to help it survive.
- China to launch yuan's direct trading with 7 more currenciesThe move will bring the number of foreign currencies that are allowed direct trading with the yuan to 23, state-run 'Xinhua' news agency re...
- ICICI Bank UK's money transfer from Sweden, Norway, DenmarkThe service called 'Money2India Europe' verifies the credentials of the customers over video call from Money2India Europe website. The webs...
- Cognizant buys Norwegian IT services company Frontica Business Solutions for about $128 millionFrontica, which offers IT solutions in the oil-and-gas space is owned by Norway-listed oil service investment company Akastor ASA.
- Commodity exporter currencies like South African rand hold gains on China respite, oilThe Norwegian krone and South African rand climbed almost 1 per cent against the US dollar on after China’s trade surplus widened.
- Telenor India's September quarter operating loss widens to Rs 247 croreTelenor India’s operating loss widened to 323 million Norwegian krone (Rs 247 crore) for the quarter ended September 2015 from 195 million ...
- Uninor operating loss narrows down to Rs 70 cr in second quarterThe carrier posted positive EBITDA on increased revenue and improved gross margin following mobile termination rate cut.
- Uninor suffers Rs 134 crore operating loss in Q1The company posted a profit of about Rs 1,561 crore a year ago due to refund of licence fee to the tune of Rs 1,660 crore from the Indian g...
- Rupee trims initial gains against dollar, up 10 paisaIt trimmed its initial gains on mild dollar demand from banks and was quoted at 61.70 per dollar at 11.10 a.m., showing a gain of ten paise.
- Rupee up 15 paise against dollar in morning tradeForex dealers said besides selling of the American currency by exporters and banks, a higher opening in the domestic stock market supported.
- Norway's Telenor aims to self-finance Indian operations by 2013-endNorway's Telenor, today said it is aiming to self-finance its Indian operations by end of 2013 through a restructuring programme.
- Uninor to draw state-wise plan, find partner before 2G auctionsTelecom operator Uninor will draw up state-wise business development plans before the 2G auctions for the 122 licences that were cancelled ...
- Uninor reduces losses to Rs 569 cr in April-June: TelenorTelenor ASA has narrowed down operating losses of its Indian operations to 619 million Norwegian krone (Rs 569 crore) in the April-June qua...
- Norway cuts key interest rate 0.5 points to 4.75 per centNorwegian central bank cut its key interest rate for the second time in two weeks, slashing it a half-point to 4.75% and warning that the g...
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