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Rupee reacts downward by 6 paise to 66.62

 The rupee on Thursday fell by 6 paise to close at 66.62 against the US currency on fresh dollar demand from banks and importers on the back of higher greenback in the overseas market amid recovery in the domestic equities.

Foreign capital outflows also affected the rupee value against the dollar, a forex dealer said.

Elections for 57 Rajya Sabha seats on June 11

 Biennial elections to 57 Rajya Sabha seats, including the one vacated by liquor baron Vijay Mallya, will be held on June 11, the Election Commission said on Thursday.

The elections were necessitated as 55 members from 15 states are retiring between June and August. One seat each from Rajasthan and Karnataka vacated by Anand Sharma (Congress) and Vijay Mallya (Independent) respectively will also go for polls.

IPL 2016 - Mumbai seeks to maintain momentum against Punjab


After being crushed by Hyderabad, Mumbai Indians got their act together to get the better of Royal Challengers Bangalore by six wickets.

Having regrouped quickly after suffering an 85-run drubbing, Mumbai Indians will look to continue their winning ways when they lock horns with bottom-placed Kings XI Punjab in the Indian Premier League in Visakhapatnam on Friday.

Nithin's A Aa Movie Release Shifted To June

Finally the team of "A Aa" has moved its movie to the month of June. After discussing with the PVP Cinema and Mahesh Babu, Trivikram has asked his producer to stop all the promotions for the time being and asked them to ready the film for June release.

TRAI regulation on call drops arbitrary, unreasonable: SC

 The Supreme Court on Wednesday struck down a TRAI regulation that made it mandatory for telecom companies to compensate subscribers for call drops holding it as “arbitrary, unreasonable and non-transparent.”

“We have held the impugned regulation to be ultra vires, arbitrary, unreasonable and non-transparent,” a Bench comprising Justices Kurian Joseph and R.F. Nariman said.

Google acquires start-up founded by Indian-origin entrepreneur

 Google has acquired a business technology start-up founded by an Indian-origin entrepreneur as part of its plans to scale training offerings for Google Apps to its customers and customers’ users.

Varun Malhotra is the founder and CEO of Toronto-based Synergyse, which was launched in 2013 with an aim to teach users how to use Google Apps.

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