Politics
Weakened Congress wondering if early elections will help
The Congress party is debating holding a general election in November, six months ahead of schedule, senior party leaders said, reflecting an internal discussion over whether to pull the plug on the shaky ruling coalition or have it serve a full term. Full Article
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India's Cipla shares fall; quarterly profit misses estimates
MUMBAI |
MUMBAI Feb 7 (Reuters) - Shares in India's Cipla Ltd fell 2.07 percent in pre-open trading on Thursday a day after its October-December net profit missed estimates.
Cipla reported a 25.5 percent rise in quarterly profit on Wednesday but slightly missed street estimates as taxes surged.
Analysts added Cipla's margins also missed expectations. (Reporting by Abhishek Vishnoi; Editing by Rafael Nam)
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