NEW DELHI - Maruti Suzuki Ltd, India's top selling car maker, expects car sales to grow at a faster pace than the forecast of 5-6 percent growth for the industry in the fiscal year that started on April 1, a company executive told Reuters.
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MUMBAI - Shares in HCL Technologies fell more than 4.1 percent on Wednesday, heading towards its steepest daily fall since October 2014, after the company said a stronger dollar would hurt its January-March revenue by 280 basis points.
MUMBAI - India's second-largest drugmaker by sales, Dr Reddy's Laboratories Ltd, will buy some established brands of Belgian drugmaker UCB SA in South Asia for 8 billion rupees ($128.38 million), the company said on Wednesday.
DUBAI - HSBC Bank Oman has completed the sale of its Indian assets to Doha Bank, the affiliate of HSBC Holdings said in a statement on Wednesday.
MUMBAI - Mid-size construction company Dilip Buildcon has filed a draft prospectus with the capital markets regulator for a "nearly $100 million" initial public offer on Tuesday, two sources directly involved in the process told Reuters.
NEW DELHI - Essar Oil will defer planned maintenance at its Vadinar refinery in western Gujarat state by about two months to July-August, trade sources said on Wednesday.
Weak demand weighs on China factory, services firms in March, more easing seen Full Article