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-Indian shares extend fall; DLF, Dr Reddy's down

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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 2:00pm IST 

* The BSE index is down 0.42 percent, after earlier
touching its lowest in 2013 intraday. The 50-share NSE index
 down 0.54 percent, after earlier hitting its lowest
since Dec. 26, 2012.   
* Shares in DLF Ltd fell as much as 3.9 percent a day
after India's largest listed real estate developer reported a
net profit of 2.85 billion rupees, which missed market
expectations.  
* Dr. Reddy's Laboratories , India's No.2
drugmaker by sales, falls 2.3 percent after it reported a
larger-than-expected 29.2 percent drop in quarterly net profit
on Thursday. 
* Bank of America Merrill Lynch downgraded its rating on Dr.
Reddy's to "neutral" from "buy". 
* Siemens Ltd falls 1.3 percent, heading towards a
second day of losses after India Index Services & Products Ltd
said on Wednesday it would be removed from the NSE's 50-stock
main index from April 1. 

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.thomsonreuters.com@reuters.net)
India Markets
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