MUMBAI Jan 18 India's Hero MotoCorp shares fell as much as 4.8 percent after the company reported lower-than-expected Oct-Dec earnings on Thursday.
India's largest motorcycle maker missed estimates for the fourth straight quarter as net profit fell 20.4 percent on rising costs and falling sales that battered margins. (Reporting by Abhishek Vishnoi; Editing by Anand Basu)
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General Motors will invest $1 billion in the next few years to turn operations in India into a new global auto manufacturing and export hub aimed at boosting sales in fast-growing emerging markets, top executives said on Wednesday. Full Article