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.
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.
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.
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.
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.
Diversified consumer company ITC Ltd posted a 12 percent growth in March-quarter profit as its biggest segment, cigarettes, witnessed growth in sales.
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.
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.
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 .
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.
- M&A: BRIEF-Mira VII Acquisition announces filing of filing statement
- Bankruptcy: BRIEF-Neuron Bio starts talks under pre-insolvency proceedings
- IPOs: BRIEF-Daseke files for mixed shelf of up to $300 mln
- Private Capital: Slim seeks to sell minority stake in tower company Telesites -sources
- Hedge Funds: Investors bet on comeback: UK's Alan Howard amasses $3 billion