IT Update
Rupee plunges to historic low on panic buying, crosses 44 The rupee pierced the psychologically crucial 44-barrier on Wednesday and crashed to a historic low of 44.04/06 against the dollar on panic buying by banks led by the State Bank of India in a volatile market. Jet Airways chief threatens ATR with termination of lease Jet Airways chairman Naresh Goyal has threatened to cancel the lease of the turbo-prop ATR aircraft inducted recently and replace them with regional jets from Brazilian company Embraer. Organised sector employees to go on strike today Two crore employees of the organised sector will go on a country-wide strike on Thursday protesting the economic policies of the Government. `Banks, institutions must be empowered to seize securities' The expert committee on legal reforms in the banking sector has suggested that banks and financial institutions be empowered to take possession of securities for all types of lending and sell them immediately after default. Sony's DTH service goes off the air in US Sony Entertainment Television is off air on the direct-to-home (DTH) platform in the US as its franchisee partner has turned bankrupt.
Rupee plunges to historic low on panic buying, crosses 44
Jet Airways chief threatens ATR with termination of lease
Organised sector employees to go on strike today
`Banks, institutions must be empowered to seize securities'
Sony's DTH service goes off the air in US