Politics

Supporters holding flags of ruling Congress party leave after attending an election campaign rally by Rahul Gandhi at Hardoi district in Uttar Pradesh January 28, 2012. REUTERS/Adnan Abidi/Files

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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MARKET EYE-DLF falls after Oct-Dec results fail to impress

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Chinese Premier Li Keqiang waves upon his arrival at the airport in New Delhi May 19, 2013. Li on Sunday arrived in New Delhi for a three-day state visit. REUTERS/Adnan Abidi

Li Keqiang in India

Chinese Premier Li Keqiang on a three-day state visit.  Slideshow 

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Fri Feb 15, 2013 10:07am IST 

* Shares in DLF Ltd fell as much as 3.6 percent a day
after India's largest listed real estate developer reported a
net profit of 2.85 billion rupees, that missed market
expectations. 
* DLF's Oct-Dec earnings include 8.4 billion rupees from the
sale of Jawala Real Estate, the entity owning the NTC Mumbai
land. Adjusting for this, DLF reported a loss of 5.5 billion
rupees.
* "Lower pre-sales and cost escalations led to a sharp fall in
EBITDA margin from 36.6 percent to 6.6 percent
quarter-on-quarter," Jefferies said in a note.

 (manoj.dharra@thomsonreuters.com;
manoj.dharra.thomsonreuters.com@reuters.net)
India Markets
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