Reuters India Top

India’s UPL swings to quarterly profit on strong Americas demand

(Reuters) -Agrochemicals maker UPL swung to a profit in the second quarter from a loss a year earlier, boosted by strong demand in the Americas and raised its full-year margin forecast for a key profit measure to 12%–16%. The had earlier forecast an earnings before interest, taxes, depreciation and amortization margin of 10%-14%. Consolidated net …

India’s UPL swings to quarterly profit on strong Americas demand Read More »

India’s October services growth eases to five-month low on heavy rain, competition, PMI shows

BENGALURU (Reuters) -India’s dominant services sector saw its expansion falter to a five-month low in October, as competitive pressures and heavy rains dampened the robust pace of growth seen in recent months, a survey showed on Thursday. While new business – a key gauge of demand – continued to rise sharply, the slowdown highlights emerging …

India’s October services growth eases to five-month low on heavy rain, competition, PMI shows Read More »

Cricket-Pant returns to India squad for test series against South Africa

BENGALURU (Reuters) -Rishabh Pant will make his return to India’s squad for the two-test series against South Africa, the country’s cricket board announced on Wednesday, marking his comeback from a foot fracture that sidelined him from the series against West Indies. Pant missed the 2-0 series drubbing of West Indies last month after fracturing his …

Cricket-Pant returns to India squad for test series against South Africa Read More »

India’s Sun Pharma beats Q2 profit estimates, targets growth through drug launches

By Rishika Sadam and Kashish Tandon (Reuters) -Sun Pharmaceutical Industries, India’s top drugmaker by revenue, reported quarterly profit above analysts’ estimates on Wednesday, helped by strong demand for its drugs in the domestic market. The company has been focusing on strengthening its portfolio in dermatology, oncology and obesity therapy as it focuses on a mid-to-high …

India’s Sun Pharma beats Q2 profit estimates, targets growth through drug launches Read More »

India’s TeamLease posts quarterly profit rise on higher staffing demand

(Reuters) -TeamLease Services, one of India’s top staffing firms, reported a 12% rise in second-quarter profit on Wednesday, driven by strong demand in its mainstay general and specialised staffing divisions. Consolidated net profit rose to 275.2 million rupees ($3.13 million) for the three months ended September 30, from 245.8 million rupees a year earlier. Revenue …

India’s TeamLease posts quarterly profit rise on higher staffing demand Read More »

India’s Ashwin out of Big Bash League after knee surgery

SYDNEY (Reuters) -Indian spinner Ravichandran Ashwin will miss what would have been his maiden Big Bash League (BBL) season following a knee surgery. The 39-year-old shattered a long-standing barrier when he signed with Sydney Thunder in September, becoming the first male Indian player to join the league. He quit international cricket last year and ended his …

India’s Ashwin out of Big Bash League after knee surgery Read More »

Novo Holdings sharpens India focus with bigger bets on niche hospitals

By Rishika Sadam HYDERABAD (Reuters) -Novo Holdings, which controls obesity drugmaker Novo Nordisk, is sharpening its focus on India, targeting single-specialty hospitals and contract drugmakers to tap high-growth healthcare segments, according to a senior company executive. Patients in the world’s most populous nation are increasingly preferring specialised amenities, which some analysts and industry insiders say …

Novo Holdings sharpens India focus with bigger bets on niche hospitals Read More »

Castrol India’s third-quarter profit rises on strong automotive lubricants demand

(Reuters) -Engine oil maker Castrol India posted a 9.8% rise in third-quarter profit on Tuesday, supported by steady demand for its automotive lubricants. The company, majority-owned by oil major BP, said profit after tax rose to 2.28 billion rupees ($25.9 million) in the July-September quarter, from 2.07 billion rupees a year ago. Castrol India supplies …

Castrol India’s third-quarter profit rises on strong automotive lubricants demand Read More »

Close Bitnami banner
Bitnami