POST3:

Current affairs as 29 sep 2012: (Source:TOI)

1)     Rupee may hit 50 per US dollar in a few months: Govt

The government on Friday said it expects the rupee to appreciate to around 50 against the dollar over the next three-four months on higher foreign inflows, a development that will help rein in subsidies and also check inflation

2)     Kingfisher Airlines shares tank 5%

Shares of Kingfisher Airlines today plunged 5% after the SBI-led consortium of lenders turned down the company's Rs 200 crore working loan request. 

After opening weak, shares of the company further lost 4.95% to touch the lower circuit limit of Rs 16.12 on the BSE. 

3)     Apple says sorry, suggests rivals’ maps

Apple chief executive Tim Cook apologized on Friday to customers frustrated with glaring errors in its new Maps service, and, in an unusual move for the consumer giant, directed them to rival services instead, such as Google Maps.

Users complained that the new Maps service — based on Dutch navigation equipment and digital map maker TomTom NV's data — contained geographical errors and gaps in information, and that it lacked features that made Google Maps so popular, including public transit directions, comprehensive traffic data or street view pictures.