Free & Fearless Press – Right of every Indian
The Reserve Bank of India (RBI) has fixed the reference rate for the dollar at Rs 51.75 against Friday’s rate of Rs 50.73. The exchange rate for the euro was fixed at Rs 65.19 (Rs 64.57) on Friday and that for the UK pound was Rs 73.7256 (Rs 72.5236). The reference rate for the Japanese … Read more RBI fixes reference rate for the dollar at Rs 51.75
Universal Sompo General Insurance, a joint venture between Allahabad Bank, Indian Overseas Bank, Karnataka Bank, Sompo Japan Insurance and Dabur Investments, is planning to focus on big and mid-sized corporates and farm sector by launching products in the credit and weather insurance segments. The company is currently developing products for these segments and is likely … Read more Universal Sompo to launch credit and weather insurance products soon
Hindustan Dorr Oliver has won order from HPCL-Mittal Energy for engineering, shop & site fabrication, transportations and supply of process pressure vessels weighing from 50 MT to 250 MT each. The order is valued at Rs 24 crore and is scheduled for completion within a period of 12 to 14 months. Recently, the company bagged … Read more Hindustan Dorr wins order from HPCL-Mittal Energy
Reliance Industries ‘(RIL) board has approved the merger of Reliance Petroleum (RPL) with the compnay and set a share swap ratio of 16:1. As per the swap ratio agreed by the boards, shareholders of RPL will get 1 share of RIL for every 16 shares held. Reliance Industries has also stated that it would buy … Read more Reliance Petroleum Swap Ratio 16:1