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18 Aug 2017, 16:08 HRS IST
Will reply to allegations in right manner, right forum and at an appropriate time: Murthy on Infosys board's chargesSome shareholders have said it's hard to believe a report by a set of lawyers hired by a set of accused, giving clean chit to the accused: Murthy on InfyAnguished by allegations, tone and tenor of statements made by Infosys board, below my dignity to respond to baseless insinuations: N R Narayana MurthyInfosys appoints Vishal Sikka as Executive Vice-ChairmanInfosys appoints U B Pravin Rao as Interim-Managing Director and Chief Executive OfficerVishal Sikka resigns as Infosys Managing Director and CEO with immediate effectVishal Sikka resigns as Infosys Managing Director and CEO with immediate effect
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We welcome designation of Hizbul Mujahideen as foreign terrorist group by US; it reflects joint commitment of US, India to fight terror: MEA.
  • More upside for rupee, up 38 paise at 65.44

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12:23 HRS IST

Mumbai, Mar 15 (PTI) Driven by its 16-month peak achieved on Tuesday, the rupee on Wednesday acquired more heft as it rose by another 38 paise to 65.44 on sustained offloading of the US dollar amid heavy foreign capital inflows.

Financial markets were enthused by the BJP's emphatic UP victory amid positive macro data while unabated foreign inflows added it up.

The rupee resumed higher at 65.76 as against Tuesday's closing of 65.82 here on Wednesday. It advanced further to 65.41 before trading at 65.44 at 1020 hours.

The domestic currency hovered in a range of 65.76 and 65.41 during morning deals.

Meanwhile, the dollar index was trading lower by 0.06 per cent at 101.68 against a basket of six currencies in the late morning trade.

Overseas, the US dollar remained on tenterhooks in early Asian trade as all eyes are now on the US Federal Reserve meet which will soon offer clues on its monetary policy outlook.

Meanwhile, the benchmark Sensex traded flat, marginally up by 7 points, or 0.02 per cent.

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