The rupee, which rallied to a three-month high last week, is unlikely to maintain the momentum this week due to higher demand for dollars from importers and rise in the greenback after strong non-farm payrolls data in the US last week, say bankers and experts.
Flipkart, India's answer to US online giant Amazon, said Saturday its sales would cross the milestone $1 billion-mark this year, ahead of schedule, in the country's exploding e-commerce market.
Google, which is facing antitrust investigation in India by fair trade watchdog CCI, can face a penalty of up to about $ 5 billion if it is found to have violated competition norms of the country.
The headline-making indices of the Indian stock exchanges, the BSE Sensex is at new highs. However, compared to their heyday of 2005-07, their capacity to inspire headlines stands considerably diminished. 5 reasons why stock prices are rising | What you can do to gain from stocks rally