The Indian rupee recovered 15 paise from its all-time low against the US dollar after the Reserve Bank of India cut the repo rate by 25 basis points. The rupee closed at 87.44 on Friday.
The FTSE 100-listed insurance company said Friday that it expects to return 1.0 billion pounds ($1.24 billion) of the funds to shareholders via buybacks upon completion of the deal. It added that the ...