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Expect better exchange rate for Indian rupee against UAE dirham this week


Dubai: UAE based Indians planning to remit money home could get better exchange rate for their dirham in the week ahead as the rupee is likely to weaken against the dollar.
Any weakening of the Indian currency against the dollar will be reflected in its exchange rate against the UAE dirham because of its peg to the dollar.
The rupee closed at Rs74.41 per dollar and 20.27 against the dirham on Friday.
IPO outflows
The outlook for rupee in the week ahead appears subdued because of potential outflow of dollar following a few recent initial public offerings (IPO) that offered foreign venture capitalists and early stage investors opportunity to exit and repatriate their investments. ....

Ash Shariqah , United Arab Emirates , Sajal Gupta , Morgan Stanley , Image Credit , Edelweiss Securities , ஒன்றுபட்டது அரபு அமீரகங்கள் , சஜால் குப்தா , மோர்கன் ஸ்டான்லி , படம் கடன் , ஏதெல்வேஸ்ஸ் பத்திரங்கள் ,

ITC Q1 profit up 30.24 per cent, revenue rises 35.9 per cent as segments rebound

ITC Q1 profit up 30.24 per cent, revenue rises 35.9 per cent as segments rebound
telegraphindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraphindia.com Daily Mail and Mail on Sunday newspapers.

Abneesh Roy , Edelweiss Securities , அபினீஷ் ராய் , ஏதெல்வேஸ்ஸ் பத்திரங்கள் ,

ITC profit rises 29% to ₹3,013 crore in first quarter - The Hindu BusinessLine

ITC profit rises 29% to ₹3,013 crore in first quarter - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Abneesh Ray , North East , Edelweiss Securities , அபினீஷ் ராய் , வடக்கு கிழக்கு , ஏதெல்வேஸ்ஸ் பத்திரங்கள் ,

HUL Q1 preview: Company may see firm sales growth, but input cost inflation likely to dent margins

HUL Q1 preview: Company may see firm sales growth, but input cost inflation likely to dent margins
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

India General , Hindustan Unilever , Edelweiss Securities , ஹிந்துஸ்தான் யூனிலீவர் , ஏதெல்வேஸ்ஸ் பத்திரங்கள் ,