MUMBAI Jan 18 (Reuters) - 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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India will issue a new decree this week for land purchases that has stirred disquiet across the country but which the government says is necessary to build roads, ports and power stations for higher economic growth. Full Article