MUMBAI - Energy company Reliance Industries Ltd posted nearly flat fourth-quarter profits, in line with estimates, as a slimmer margin in its oil refining business offset higher revenue.
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Recent Business News
MUMBAI - India's foreign exchange reserves rose to $309.44 billion as of April 11 from $306.65 billion in the week earlier, the Reserve Bank of India said on Friday.
NEW YORK - Dozens of the largest U.S. stock exchanges, brokerages and high-frequency trading firms were hit with a class action lawsuit by the capital of the state of Rhode Island, accusing them of manipulating the U.S. securities markets.
TOKYO - Japanese companies' investments in Southeast Asia surged last year to almost three times the amount invested in China, after relations between Beijing and Tokyo soured in 2012 and Chinese labour costs rose, a government agency of Japan said on Friday.
- If General Motors Co creates a fund to compensate victims of its faulty ignition switches, an option that a top legal adviser suggested it is exploring, the company could give up strong defenses to a wave of lawsuits. But it could stand to gain even more.
NEW YORK - Prominent New York hotel executive Sant Singh Chatwal pleaded guilty on Thursday to conspiring to make $188,000 of illegal campaign contributions to three U.S. candidates via straw donors.
Turning smog into jewels - a Dutch designer's solution to Beijing's pollution. Video