Mumbai, Jan. 19: India’s foreign exchange reserves increased by $5.47 billion to $281.72 billion for the week ended January 11. The reserves had grown by $696 million to $276.25 billion a week before. Foreign currency assets increased by $5.47 billion to $272.96 billion. Foreign currency assets expressed in dollar terms included the effect of appreciation or depreciation of other currencies such as the euro, pound and yen, held in its reserves.
Bangalore, Jan. 19: Sasken Communication Technologies today reported a dip in its third quarter net profit at Rs 3.8 crore compared with Rs 12 crore for the corresponding period of the previous fiscal.
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