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Aman Shah

Reliance Communications profit capped by regulatory changes

Aug 14 2015

MUMBAI Reliance Communications Ltd , India's fourth-biggest mobile phone carrier, announced a 34 percent rise in quarterly profit on Friday, but missed analyst expectations as regulatory changes hit its core voice business.

India's Reliance Communications Q1 profit capped by regulatory changes

Aug 14 2015

MUMBAI, Aug 14 Reliance Communications Ltd , India's fourth-biggest mobile phone carrier, announced a 34 percent rise in quarterly profit on Friday, but missed analyst expectations as regulatory changes hit its core voice business.

Tata Steel says import pressures may increase after yuan devaluation

Aug 11 2015

MUMBAI Tata Steel Ltd said on Tuesday import pressures on the Indian and European steel industries could intensify following the devaluation of the yuan, as a flood of cheap imports from China continues to impact profitability.

Xiaomi ties up with Taiwan's Foxconn to assemble smartphones in India

Aug 10 2015

MUMBAI China's Xiaomi Inc has joined forces with Taiwan-based tech giant Foxconn to start assembling phones in India, seeking to cut costs and grab a bigger slice of the world's third-largest smartphone market.

Xiaomi ties up with Taiwan's Foxconn to assemble smartphones in India

Aug 10 2015

MUMBAI China's Xiaomi Inc [XTC.UL] has joined forces with Taiwan-based tech giant Foxconn to start assembling phones in India, seeking to cut costs and grab a bigger slice of the world's third-largest smartphone market.

Tata Motors cuts sales, production targets for JLR in China

Aug 07 2015

MUMBAI/NEW DELHI Tata Motors Ltd has cut prices, sales and production targets at its luxury Jaguar Land Rover (JLR) arm in China, a top executive said, as it struggles with high inventories in a slowing market.

M&M says Q1 net falls, tractor sales to stay weak

Aug 07 2015

MUMBAI Mahindra & Mahindra Ltd on Friday reported a fall in net profit for the April-June quarter as a slowdown in India's rural economy hit sales of its utility vehicles and tractors.

India's Mahindra says Q1 net falls, tractor sales to stay weak

Aug 07 2015

MUMBAI, Aug 7 India's Mahindra & Mahindra Ltd on Friday reported a fall in net profit for the April-June quarter as a slowdown in India's rural economy hit sales of its utility vehicles and tractors.

Bharti Airtel to expand 4G ahead of Reliance launch

Aug 06 2015

GURGAON, India India's top cellular carrier Bharti Airtel Ltd is expanding its fourth-generation (4G) mobile phone services to cover nearly 300 towns in the coming weeks, ahead of a launch by a formidable newcomer.

L&T criticises "unhurried" reform pace as profit slides

Jul 31 2015

NEW DELHI/MUMBAI Industrial giant Larsen & Toubro Ltd criticised on Friday the "unhurried pace" of government reforms for weakening investment in its home market, as it reported a 37 percent slide in first-quarter profit.

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