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Reuters

Reliance Industries' Q2 net profit rises 1.5%, meets estimates

Manufacturing

14 October, 2013

Reliance Industries' Q2 net profit rises 1.5%, meets estimates

Energy conglomerate Reliance Industries Ltd met analyst estimates by posting a 1.5 per cent rise in September-quarter net profit, fuelled ......

KKR may pick stake in Gland Pharma for $150M

Healthcare

11 October, 2013

KKR may pick stake in Gland Pharma for $150M

Private equity firm KKR & Co LP will pay about $150 million for close to 30 percent of India's Gland ......

BlackBerry co-founders considering bid for company

TMT

11 October, 2013

BlackBerry co-founders considering bid for company

BlackBerry Ltd co-founders Mike Lazaridis and Douglas Fregin are considering a bid to buy the struggling smartphone maker, according to ......

India in talks with JP Morgan, others to join bond indexes

General

10 October, 2013

India in talks with JP Morgan, others to join bond indexes

India is talking with JP Morgan and others to gain entry to benchmark indexes for emerging market debt in hopes ......

Apollo Tyres' lenders unlikely to back Cooper deal without price cut

Manufacturing

09 October, 2013

Apollo Tyres' lenders unlikely to back Cooper deal without price cut

Funding for Apollo Tyres' $2.5 billion bid for US-based Cooper Tire & Rubber Co is in jeopardy unless the deal ......

Sharply lower September trade gap bright spot for economy

General

09 October, 2013

Sharply lower September trade gap bright spot for economy

India's trade deficit narrowed to a two-and-a-half-year low in September, raising hopes for a significant reduction in the country's gaping ......

India to stick with austerity despite looming election: FM

General

08 October, 2013

India to stick with austerity despite looming election: FM

The government will have to rein in spending and cut subsidies to meet its fiscal deficit target, the finance minister ......

Auto sales up again in September but expected to see another year of decline

Consumer

08 October, 2013

Auto sales up again in September but expected to see another year of decline

Car sales in India have fallen 4.7 per cent in the first six months of the fiscal year, the sharpest ......

RBI trims short-term rate as rupee pressure eases

General

07 October, 2013

RBI trims short-term rate as rupee pressure eases

The Reserve Bank of India on Monday cut a key overnight interest rate, further dialling back an emergency measure it ......

Wal-Mart says retail plans with Bharti "not tenable"

Consumer

07 October, 2013

Wal-Mart says retail plans with Bharti "not tenable"

Wal-Mart Stores Inc's retail plans with India partner Bharti Enterprises are "not tenable" and both sides are looking for the ......