Bharti Infratel Q4 net profit jumps 64 percent
Published on Thursday, April 24, 2014 12:43 PM

NEW DELHI - Telecommunications tower operator Bharti Infratel Ltd reported a 64 percent jump in its quarterly profit, beating estimates on higher revenue from leasing mobile phone masts to phone carriers.

Bharti Infratel, just under 80 percent owned by top Indian phone carrier Bharti Airtel Ltd, said consolid ...

Bharti Infratel Q4 net profit jumps 64 percent
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Wockhardt says Himachal Pradesh drug regulator suspends product
Published on Thursday, April 24, 2014 12:34 PM

MUMBAI - Indian drugmaker Wockhardt Ltd, which has been hit by a slew of overseas regulatory rebukes due to poor production quality, said the regulator in Himachal Pradesh has suspended the manufacture and sale of a product.

The state's drug controller suspended the manufacture, sale or distribution of fi ...

Wockhardt says Himachal Pradesh drug regulator suspends product
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India may cede top rice exporter spot under Southeast Asian price onslaught
Published on Thursday, April 24, 2014 12:32 PM

By Rajendra Jadhav

MUMBAI - India's rice exports could slide by nearly a quarter this year and knock the country off its perch as top exporter of the grain due to stiff competition from Southeast Asian rivals that have recently slashed prices, Indian industry executives said.

A drop in In ...

India may cede top rice exporter spot under Southeast Asian price onslaught
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India to make May-July oil payments to Iran - sources
Published on Thursday, April 24, 2014 12:26 PM

By Nidhi Verma

NEW DELHI - India is set to pay Iran $1.65 billion over the next three months under an interim nuclear deal that eases sanctions on Tehran and gives it access to $4.2 billion in blocked funds, four sources with knowledge of the matter said.

As long as Tehran complies with the t ...

India to make May-July oil payments to Iran - sources
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Green groups urge U.S. to drop solar trade case against India
Published on Thursday, April 24, 2014 12:22 PM

WASHINGTON - Environmental groups urged the United States on Wednesday to drop a challenge to India's massive solar program and said the World Trade Organization case would only hurt the growth of renewable energy resources.

The United States is taking action at the WTO over the domestic content requireme ...

Green groups urge U.S. to drop solar trade case against India
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UltraTech Cement Q4 net up 15 pct on cost controls
Published on Thursday, April 24, 2014 10:41 AM

NEW DELHI - UltraTech Cement Ltd reported a forecast-beating 15 percent rise in net profit for the January-March quarter as India's largest cement maker kept a lid on rising costs.

Increasing input and energy costs have put pressure on margins at cement companies while demand remains a concern in an econo ...

UltraTech Cement Q4 net up 15 pct on cost controls
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Rupee falls for 3rd day; foreign fund inflows key.
Published on Wednesday, April 23, 2014 7:25 PM

By Swati Bhat

MUMBAI - The rupee weakened for a third consecutive session on Wednesday, falling below the 61 to the dollar mark for the first time in more than a month, hurt by good demand for the greenback from importers and by continued weakness in Asian currencies.

Most emerging Asian curr ...

Rupee falls for 3rd day;     foreign fund inflows key.
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Mastek Q4 net dips 44% at Rs 11.32 cr
Published on Wednesday, April 23, 2014 7:23 PM

IT services company Mastek Ltd on Wednesday announced it has reported a decline of 44.15 per cent in its consolidated net profits at Rs 11.32 crores for the fourth quarter ended March 2014, weighed down by increase in expenditure. “The consolidated net profit of the company stood at Rs 20.27 crore during the same period a year ago,&rdqu ...

Mastek Q4 net dips 44% at Rs 11.32 cr
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Cairn India consolidated Q4 net up 18% at Rs 3,035.44 cr
Published on Wednesday, April 23, 2014 6:49 PM

Oil and gas exploration and production company Cairn India on Wednesday reported that its consolidated net profit for the fourth quarter ended March 31, 2014 grew by 18.40 per cent at Rs 3,035.44 crore from the same period a year ago driven by a rise in other income. In Q4 FY 2012-13, the company had posted a consolidated net profit of Rs 2,5 ...

Cairn India consolidated Q4 net up 18% at Rs 3,035.44 cr
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