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EUROS OUTSTANDING
Reeling rupee drags students abroad deeper into debt at homeA weakening rupee is causing significant financial strain for Indian students pursuing education abroad. Loans sanctioned earlier are now i...- Rupee slide pushes overseas students back to lenders for top-up loansA significant rupee depreciation has forced Indian students studying abroad to seek top-up loans from lenders, as initial loan amounts fall...
- Bulls eye strong start as GIFT Nifty signals positive opening for D-StNifty closed marginally higher on Wednesday, while broader markets remained subdued. Analysts anticipate continued caution due to a weak ru...
- Tech companies tap debt markets to fund AI and cloud expansionLast month, Alphabet, Amazon, Microsoft and Meta signaled that spending on AI would not slow down, with the tech giants' combined spending ...
- Six companies, six tricks in Indian balance sheets, and how investors get taken for a rideWhenever an Indian company imports goods, borrows in foreign currency, earns overseas revenue, or runs a foreign subsidiary, forex accounti...
- US Stocks: Unilever, McCormick strike deal to create $65 billion food giant; shares fallUnilever will merge its food business with spice maker McCormick, it said on Tuesday, creating a company worth around $65 billion in the se...
- Italy's FILA raises $95 million from sale of shares in Indian unit DOMSItalian stationery company FILA has sold a 4.57% stake in its Indian subsidiary DOMS, generating €90.9 million ($94.6 million). The sale of...
- Germany's CompuGroup in talks about potential offer by CVCCompuGroup shareholders centered around the founding Gotthardt family would retain a stake of around 50.1% after a strategic partnership wi...
- The next 'safe' asset? EU joint bond markets spring to lifeThe EU market, with just 54 billion euros outstanding at the start of this year, is expected to grow exponentially in coming years to fund ...
- Global use of euro stabilizes near historic lows, ECB saysLaunched over 20 years ago, the euro has always played second fiddle to the US dollar.
- 15 years on, billions in pre-Euro currencies still elusiveAbout a third of the total amount knocking around the region is now worthless, with 12 national central banks having given up their coin re...
- Indian refiners clear part of $6.4 billion dues to Iran ahead of PM Narendra Modi's visitWith sanctions blocking banking channels, Indian refiners have since 2013 paid nearly half of the oil import bill while keeping the remaind...
- ArcelorMittal's over $3-billion bond buyback gets lukewarm responseArcelorMittal's offers to purchase in cash securities worth around $3.2 billion, maturing in 2017 and 2018, have received a lukewarm respon...
- Greece crisis: Heavy put buying by FIIs hints market rally may not last“Some in the markets believe the recent rally has legs, but others, particularly few FIIs, feel that though it has legs the rally might not...
- Punters cash in on dollar-euro play with bets on stock exchangesIn the dollar-rupee pair, the ratio, though still showing strong physical market participation, declined to 1.6 in the March quarter.
- Stephen Elop to get $25.5 mn post Microsoft-Nokia dealElop, who earlier served as CEO of Nokia, after the closing of the $7.2 billion deal is expected to join the US-headquartered software gian...
- NYSE Euronext approves delisting of Octoplus shares: Dr Reddy's LaboratoriesDr Reddy's Laboratories has said delisting of the subsidiary's shares in Euronext has been approved by NYSE Euronext Amsterdam.
- Dr Reddy's Laboratories acquires 93% shares of OctoPlusDr Reddy's Laboratories has so far managed to get nearly 93% shares of Netherlands-based speciality pharmaceutical company OctoPlus NV.
- SAP's 2nd-quarter profit up 15 per centBusiness software maker SAP AG is reporting a 15 per cent year-on-year rise in net profit thanks to growth in the United States and emergin...
- Lufthansa to buy Austrian AirlinesLufthansa on Friday agreed to buy the Austrian government's stake in ailing Austrian Airlines and offered to buy any outstanding shares.
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