L&T Earnings

A Delhi Metro Rail Corporation employee works at the final tunnelling breakthrough of Qutub Minar and Saket stations in New Delhi June 17, 2009. REUTERS/Adnan Abidi/Files

Q4 net falls 6.9 percent, lags forecast

Larsen and Toubro Ltd (L&T) posted a worse-than-expected 6.9 percent fall in quarterly profit as interest costs jumped for India's biggest engineering and construction company.  Article | Full Coverage 

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Sterling hits five-week high versus dollar

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LONDON | Wed Dec 12, 2012 3:06pm IST

LONDON Dec 12 (Reuters) - Sterling hit a five-week high against the dollar on Wednesday after the number of UK unemployment claims fell unexpectedly in November.

The pound hit a high of $1.6134, its highest level since Nov. 1, before paring gains to last trade close to flat on the day at $1.6120. (Reporting by Philip Baillie, Editing by Nia Williams)
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