NEW DELHI The Indian government's ban on the trade of cattle for slaughter threatens $4 billion in annual beef exports and millions of jobs if the government does not revoke the stoppage decreed last week, according to two industry officials.
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State-run Coal India Ltd reported a lower-than-expected fourth-quarter consolidated profit, hurt by higher costs.
MUMBAI Indian mobile carrier Reliance Communications' shares and bonds resumed their slide on Monday as concerns over its heavy debt load were reignited after a fourth-quarter loss that sent the company to its first full-year loss.
State-run power equipment maker Bharat Heavy Electricals Ltd reported a 57 percent fall in fourth-quarter net profit on Monday, missing analysts' estimates.
MILAN Monte dei Paschi di Siena said on Monday it was in exclusive talks with a domestic fund and a group of investors over the sale of its bad loan portfolio, which it needs to offload before it can be taken over by the state.
PARIS Russia's new jetliner, which conducted its maiden flight on Sunday, may have a hard time challenging the sales duopoly of Boeing and Airbus, but it does point the way to radical changes in how they could be building jets in the future.