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Harikrishnan Nair

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Articles

Rupee Flat as Oil, Merchant Bids Offset Modest Inflows

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By Jaspreet Kalra, Sonia Cheema, Harikrishnan Nair
| GuruTrade
MUMBAI, July 15 (Reuters) - The Indian rupee on Wednesday hovered around its over one-month low before ending nearly flat, wedged between modest ​portfolio inflows and dollar demand from local corporates, while traders continued ‌to keep a close watch on oil prices. The rupee closed at 96.2550 per dollar, little changed from its close at 96.20 in the previous session.
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Rupee Slips as Oil Jumps, Portfolio Inflows Cushion Fall

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By Jaspreet Kalra, Harikrishnan Nair, Ronojoy Mazumdar Verified
| GuruTrade
MUMBAI, July 8 (Reuters) - The Indian rupee traded slightly weaker on Wednesday as renewed hostilities in the Middle East lifted oil ​prices and sapped risk sentiment, while traders pointed to modest ‌portfolio inflows that helped limit downward pressure. The rupee was at 95.16 as of 11:05 a.m. IST, down slightly from its close at 94.9675 in the previous session.
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Microsoft Invests $2.5B in new Corporate AI Firm

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By Stephen Nellis Verified, Harikrishnan Nair
| GuruTrade
SAN FRANCISCO, July 2 (Reuters) - Microsoft said on Thursday it is creating a new company that will help customers select AI technologies that work for their businesses and generate ​returns on their investment. Microsoft Frontier Company, as the new operating entity is called, ‌will kick off with $2.5 billion in funding from the tech giant to work with clients such as Unilever and Novo Nordisk.
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