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Friday, November 20, 2015

Equity Tips
RBI sets rupee reference rate at 66.09 against dollar
The Reserve Bank of India on November 20, 2015 fixed the reference rate of rupee for US dollar at Rs66.0940 against Rs66.1105 on November 19, 2015.

The central bank has set reference rate of rupee for the euro at 70.8594 against 70.7779 on Thursday, RBI said in a notification.

PTC partners IIFCL to finance infra projects
Leading Infrastructure Finance firm, PTC India Financial Services has signed a pact with India Infrastructure Finance Company (IIFCL) to provide financing for infrastructure projects.

Jubilant FoodWorks up after partnering with Zippr
Jubilant FoodWorks rose over 5%, touching to Rs1475.95, after the company said that Domino's Pizza India has partnered with Zippr, a Hyderabad based startup that is solving the problem of complex addresses.

Tata Motors to launch Kite hatchback and compact sedan
Tata Motors will be soon launching the Kite hatchback and compact sedan. The Kite will be an entry level hatchback from Tata. The hatch and sedan will have an option of petrol and diesel variants. The petrol will be the 1.2 litre engine while the diesel variant will be powered by a new 1.0 litre engine.

7th Pay Commission recommends 23.55% hike
The seventh Pay Commission recommended a 23.55% increase in salary, allowances and pension along with a virtual one-rank-one-pension for civilians, involving an additional outgo of Rs1.02 lakh crore a year.

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