Moneycontrol Bureau
A falling rupee is bad news for companies that had raised capital through foreign currency convertible bonds, if the stock price is quoting at a steep discount to the conversion price. What this means is that the bond holders...
New Delhi, June 20 (IANS) The water level in the Yamuna started receding in Delhi Thursday morning but stayed above the danger mark of 204.83 metres. Many low-lying areas in the city also remained inundated, a government official said."The water...
Cancun (Mexico), June 20 (IANS/EFE) Police at the Mexican sea resort of Playa del Carmen arrested one of the FBI's Ten Most Wanted Fugitives, a former college professor accused of sexually exploiting children.Walter Lee Williams, 64, was nabbed...