Symbol for indian rupee to change from “Rs” and “INR” THE Indian rupee will join the dollar, yen, euro and pound with its own unique symbol Until now the Indian rupee has been denoted by the abbreviation ‘Rs’ or INRs to distinguish it from neighboring countries like Pakistan and Sri Lanka which also have [...]
India Stock Market
Symbol for indian rupee to change from “Rs” and “INR” THE Indian rupee will join the dollar, yen, euro and pound with its own unique symbol Until now the Indian rupee has been denoted by the abbreviation ‘Rs’ or INRs to distinguish it from neighboring countries like Pakistan and Sri Lanka which also have [...]
Stocks in Mumbai traded higher after the government decontrols fuel prices. Reliance Communications and GTL merge their telecom tower holdings to form the largest telecom tower company in the world. Reliance Industries finds more oil in Cambay basin. Stocks in India traded higher following three days of decline after deregulation of fuel oil by the [...]
Motilal Oswal is bullish on Cairn India and has recommended buy rating on the stock with a target of Rs 300, in its March 25, 2010. At Brent price of USD 80/bbl, our FY12E and FY13E EPS would be Rs 44 and Rs 50, respectively. We are increasing our SOTP-based price target to Rs 300 [...]

