MUMBAI: India’s forex reserves rose by $223 million to a new all-time high of $689.458 billion for the week ended on September 13, according to the Reserve Bank data released on Friday.
The overall forex kitty had jumped by $5.248 billion to a high of $689.235 billion for the previous reporting week ended on September 6.
For the week ended September 13, foreign currency assets, a major component of the reserves, however decreased by $515 million to $ 603.629 billion, the data showed.
Vanguard Group sells shares of 7 cos
NEW DELHI: US-based financial services company Vanguard Group on Friday bought shares of seven companies including Concord Biotech, Five-Star Business Finance and Marksans Pharma for Rs 998 crore through open market transactions.
Vanguard through its affiliates acquired shares of seven companies through separate bulk deals on the National Stock Exchange (NSE).
Vanguard picked up shares of Concord Biotech worth Rs 331 crore, acquired shares of Five-Star Business Finance for Rs 304.74 crore, purchased Marksans Pharma shares for Rs 158.39 crore and bought Genus Power Infrastructure shares for Rs 63.26 crore.
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