Several listed subsidiaries of the Adani empire, which spans coal, airports, cement and media, collapsed in early trade, with some losing as much as 20%
business1 day ago
The rupee declined 20 paise to 83.33 against the US dollar (23.14 UAE dirhams) on Friday due to a stronger greenback in the global markets and dollar buying by importers.
At the interbank foreign exchange market, the local unit opened lower at 83.28 against the previous close of 83.13 to a dollar. The unit moved in a range of 83.23 to 83.33 in morning deals.
The local unit was trading at 83.33 against the dollar at 9.30 am India time, down by 20 paise from its previous close of 83.13.
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