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Modi, marking three years in power, opens India's longest bridge

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GUWAHATI, India Prime Minister Narendra Modi, marking three years in power, on Friday inaugurated the country's longest bridge that spans the vast Brahmaputra River in Assam.

India gold demand drops off as buyers await new tax regime

MUMBAI/BENGALURU Gold demand in Asia tapered off this week as buyers took to the sidelines in India to await a new national tax policy and as China entered a seasonal slowdown.

Top News, Budget 2017, 26 May 2017

ONGC reports 6 percent fall in fourth-quarter net profit

MUMBAI Oil and Natural Gas Corporation Ltd , India's biggest hydrocarbon explorer, reported a 6 percent fall in fourth-quarter net profit to 43.40 billion rupees ($673 million) hurt by a one-time provision.

Top News, Budget 2017, 26 May 2017

Hindustan Petroleum March-quarter profit beats estimates

State-run oil marketing company Hindustan Petroleum Corp Ltd reported a 31 percent jump in March-quarter net profit on Friday, beating street estimates, as income from operations grew.

Top News, Budget 2017, 26 May 2017

Tech Mahindra Q4 profit dives 33 percent on weak margins

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.

Top News, Budget 2017, 26 May 2017

ITC fourth-quarter profit rises 12 percent, but misses estimates

Diversified consumer company ITC Ltd posted a 12 percent growth in March-quarter profit as its biggest segment, cigarettes, witnessed growth in sales.

Top News, Budget 2017, 26 May 2017

Sun Pharma says 2018 sales may fall as U.S. market gets tougher

MUMBAI India's largest drug group Sun Pharmaceutical Industries Ltd said on Friday its U.S. sales might fall this year because of pressure on drug prices, signalling tough market conditions in the United States for generic drugmakers.

Top News, Budget 2017, 26 May 2017

Head of Tata's hotel business to leave company in September

MUMBAI Rakesh Sarna, the managing director and chief executive of Indian Hotels Company Ltd, part of the Tata Group, resigned from the company on Friday.

Budget 2017, Top News 26 May 2017

Sensex ends above 31,000, sets record

The benchmark BSE Sensex rallied on Friday to end above 31,000 for the first time, as higher derivatives rollover led to strong follow-up buying in index heavyweights such as Reliance Industries and ITC Ltd .

Top News, Budget 2017, 26 May 2017

Claycourt king Nadal favourite to regain Paris throne

For the first time in three years, Rafael Nadal will bounce through the Roland Garros gates at the peak of his powers and favourite to take his collection of French Open titles to 10.

26 May 2017
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