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SWEDISH KRONA
How weaker dollar is quietly making life more expensive for AmericansA weaker US dollar, down about 10% since early 2025, is quietly increasing costs for Americans, impacting everything from vacations to groc...- 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...
- Ericsson India revenue grows 29% to Rs 4,228 crore in March quarterSwedish telecom firm Ericsson saw a significant 29 percent revenue jump in India for the quarter ending March 31, 2026. This growth was fue...
- Ericsson India sale drops 32.5 per cent to $230 million in Q2 2025Ericsson's net sales in India plummeted by 32.5% to $230 million due to telecom operators curtailing new network investments. This decline ...
- Truecaller proposes $54 million dividend, cancellation of repurchased sharesThe Stockholm-headquartered caller identification and spam protection platform will also seek permission from the AGM on May 23 to repurcha...
- Dollar index touches a 4-month low, rupee gainsThe dollar index is used to measure the US currency's strength against a basket of six currencies: the euro, Swiss franc, Japanese yen, Can...
- Seen huge increase in imports from India, says Swedish Financial Markets MinisterWe have seen a huge increase, a large increase in percentage points in the import. We are very happy to import from India as well, we’re a ...
- Kalpataru Power completes acquisition of Swedish firm Linjemontage i GrastropThe Swedish company has been engaged in three main business areas -- engineering procurement and construction of substation, transmission a...
- Truecaller debuts on Nasdaq Sweden, Sequoia India all praise for ‘category creator’Truecaller’s share price, which the company had set at 52 krona, opened at 60 krona but was back down to 52 krona within a couple of hours,...
- India among top-5 countries in Q1 net sales for EricssonOn the performance of the Southeast Asia, Oceania and India markets, it said sales increased y-oy in digital services due to timing of orde...
- Kalpataru completes acquisition of 85% stake in Swedish firmKalpataru Power Transmission Ltd (KPTL) announced the acquisition last month.
- India, Sweden ink pact to collaborate on solutions for smart cities, clean techThe programme was co-funded by Indian Department of Science and Technology (DST) and Swedish agency Vinnova.
- 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.
- 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...
- Ericsson's revenue in India rises 34%, SEK sales at 3.2 billionThe Swedish telecom gear maker had reported sales of SEK 2.4 billion in the same period last year, the company said in a statement.
- Collaboration is the only way to save news media: Andreas Mattsson, founder, Swedish South Asia Media ProjectAs news organisations struggle for survival in the western countries including Sweden, Mattsson says that editors need to wake up to the fa...
- Ericsson says Q2 sales in India rise 85% year-over-yearThe company also said its India headcount rose to 21,353 at the end of June this year, from 18,495 in the same period last year.
- Ericsson's India net sales up 13% at Rs 1,314 cr in March quarterThe Swedish firm said that regulatory uncertainty is leading to cautious spending.
- SBI, UBI and Central Bank revises FCNR deposit ratesThe rates have been reduced by 2 bps to 3.03% for 1-2 year maturity and increased by upto 8 bps on 2-5 year maturity in dollar denominated ...
- Most global currencies have fallen against dollarA sharp depreciation has not been peculiar to India with most of the world’s major currencies falling against the dollar during this period.
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