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He is being projected as the 'White Knight' who can turnaround SpiceJet, which he had initially helped build. But 49 years old Ajay Singh, the suave Indian Institute of Technology, Delhi alumni and MBA from Cornell University who is also armed with a law degree, has had a roller coaster ride as a serial entrepreneur-with some big hits and some big misses as well as some not too amicable parting of ...
Bonds and the rupee weakened on Friday to post their worst weekly falls since August as sentiment remained subdued after a volatile week marked by concerns about financial contagion from the tumbling Russian rouble.Although hopes the U.S. Federal Reserve would not be in a hurry to raise interest rates soothed sentiment, traders expect markets to remain volatile until the end of the year because of ...
Gold prices today fell by another Rs 25 to Rs 27,225 per ten grams at the bullion market in the national capital due to slackened demand at prevailing levels from jewellers and retailers amid a weak trend overseas. Silver also declined by Rs 100 to Rs 36,600 per kg on reduced offtake by industrial units and coin makers. Traders said apart from subdued demand from jewellers and retailers at prevailing ...
Gold importers are offering a discount of $2 an ounce versus London prices for the first time in almost five months due to market oversupply.Importers generally charge a premium over London prices but demand in the world's second-biggest gold consumer is expected to fall sharply this month after shipments surged in the past three months."Supply is in excess but demand is very weak because there are ...
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