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Maruti expects FY16 car sales to grow more than 5-6 percent

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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HCL Tech falls; says strong dollar to hurt Jan-March revenue

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.

9:55am IST

Dr Reddy's to buy some UCB brands for $128 million

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.

Deals 2:33pm IST

HSBC Bank Oman completes sale of India assets to Doha Bank

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.

10:20am IST

Dilip Buildcon files for nearly $100 mln IPO - sources

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.

8:54am IST

Essar defers refinery maintenance to July-Aug - trade

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.

1:00pm IST

REUTERS SHOWCASE

Maruti Sales

Maruti Sales

Maruti expects FY16 car sales to grow more than 5-6 percent  Full Article 

HCL Tech Falls

HCL Tech Falls

HCL Tech says strong dollar to hurt Jan-March revenue  Full Article 

Struggling Asia

Struggling Asia

Weak demand in Asia calls for more stimulus  Full Article 

China Factory

China Factory

Weak demand weighs on China factory, services firms in March, more easing seen  Full Article 

Dr Reddy's

Dr Reddy's

The drugmaker will buy select brands from UCB for $128 million  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage 

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