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Financials

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BRIEF-IFMI reports Q1 earnings per share $0.01

* Qtrly earnings per share $0.01 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)

5:56pm IST

BRIEF-TICC posts Q1 total investment income of about $15.3 mln

* TICC announces results of operations for the quarter ended March 31, 2016 and announces quarterly distribution of $0.29 per share

5:55pm IST

BRIEF-Freddie Mac says aggregate cash dividends paid to treasury totaled $98.2 bln

* Freddie mac says aggregate cash dividends paid to treasury totaled $98.2 billion as of march 31, 2016

5:53pm IST

Sri Lanka shares post near 4-mth closing high; John Keells leads

COLOMBO, May 3 Sri Lankan shares posted their highest close in nearly four months on Tuesday, led by market heavyweight John Keells Holdings Plc, while a loan agreement with the International Monetary Fund last week also boosted sentiment.

5:50pm IST

Och-Ziff reports quarterly loss, takes $200 mln reserve for probe

BOSTON, May 3 Alternative asset investment manager Och-Ziff Capital Management Group LLC reported a first-quarter loss on Tuesday after taking a $200 million reserve as it moves closer to settling bribery charges with the U.S. government.

5:49pm IST
BSE OIL & GAS -1.04%
BSE BANKEX -1.03%
BSE METALS -1.34%
BSE REALTY +0.32%
BSE AUTO -0.34%
BSE POWER -0.52%
BSE-CG -0.44%

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India's coal efficiency drive risks ire of powerful unions

NEW DELHI Plans by India's coal monopoly to buy billions of dollars of new machinery and outsource work are facing resistance from powerful unions worried about job losses, in a potential blow to Prime Minister Narendra Modi's promise to bring electricity to all.