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In February 2011, Videocon Mobile Phones launched the hitherto unknown concept of 'Zero' paise (1 paisa is the 100th unit of 1 Indian rupee) per second with bundled SIM cards of Videocon mobile services for 7 of its handset models. In July 2015, Videocon Mobiles launched its own flagship smartphone Videocon Infinium Z51+ in India. [10]
This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence in sterling in 1947.
India was forced to sell dollars to the extent of close to US$35 billion in the spot markets in Financial Year 2009 due to 22% depreciation in rupee (against the dollar) in the same fiscal year 2009. In 2009, India purchased 200 tonnes of gold from the International Monetary Fund , worth US$6.7bn (€4.57bn, £4.10bn).
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The first phones with the Indian Rupee symbol as well as the alpha-keyboard (ABC keyboard layout), Lava B2 and B5, were launched on July 19, 2010. [9] The first partnership product, Lava A16 under license from MTV India, was launched on December 22, 2011. [10] Lava 720G, their first Datacard, was launched on May 25, 2011. [11]
The company claims to have innovated the refrigerator light, the upright freezer, and the "Air Sweep" mechanism for distributing conditioned air. In 1956, Hupp Corporation acquired Gibson. [ 2 ] In 1967 Hupp merged with White Consolidated Industries (WCI), which created the White-Westinghouse brand in 1975. [ 3 ]
India was then a part of the sterling area, and the rupee was devalued on the same day by the same percentage so that the new dollar exchange rate in 1949 became ₹4.76 — which is where it stayed till the rupee devaluation of 1966 made it ₹7.50 to the dollar and the pound moved to ₹21.
In 2009, PEL became the sole distributor of LG Corporation's home appliances in Pakistan. In February 2018, the World Bank imposed a 33-month debarment on PEL, its affiliates PEL Marketing, Kohinoor Power Company, and its former general manager, Abdul Waheed Butt, for engaging in collusive practices during bidding on World Bank-financed ...