MUMBAI Indian mobile phone network operator Reliance Communications Ltd posted its second straight quarterly loss on Saturday, hit by the price war which has broken out in the world's second-biggest mobile market by number of users.
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MUMBAI The government is set to hire Citigroup, Deutsche Bank, Goldman Sachs, ICICI Securities and SBI Capital for a 3 percent stake sale in Indian Oil Corp that could raise as much as 64 billion rupees ($993 million), IFR, a Thomson Reuters publication, reported on Friday.
BANGALORE/MUMBAI Tech Mahindra Ltd, India's fifth-largest software service provider, posted a lower-than-expected fourth-quarter consolidated profit on Friday, weighed down by weak margins and higher cost of services.
GIARDINI NAXOS, Italy A group of protesters sought to break through a police cordon at the end of a protest march against world leaders meeting on the island of Sicily on Saturday, scuffling with security forces, who fired tear gas to disperse them. | Video
BRATISLAVA Sweden's Saab is hopeful that Croatia could enter the market for fighter jets sooner rather than later, opening up another sales prospect for its Gripen aircraft, a company executive said on Saturday.
BEIJING China is determined to open its market and is positive about promoting talks on a China-EU investment agreement, a senior Chinese official said on Saturday ahead of Premier Li Keqiang's visit to Brussels for a summit with the European Union.