Sun Pharma says 2018 sales may fall as U.S. market gets tougher 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. "The U.S. generics […]
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. Profit rose to 26.69 billion rupees ($413.93 million) in the fourth quarter ended March 31, from 23.81 billion rupees […]
ONGC reports 6 percent fall in fourth-quarter net profit Oil and Natural Gas Corporation Ltd (ONGC.NS), 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. Analysts on average had expected a profit of 49.91 billion […]
Tech Mahindra fourth-quarter profit dives 33 percent on weak margins 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. Consolidated profit for the quarter ended March 31, fell 33 percent to 5.90 billion […]
Government to hire five banks for up to $993 million IOC share sale The government is set to hire Citigroup, Deutsche Bank, Goldman Sachs, ICICI Securities and SBI Capital for a 3 percent stake sale in Indian Oil Corp (IOC.NS) that could raise as much as 64 billion rupees ($993 […]
Adani has to pay royalties in full for coal mine – Australia state premier Adani Enterprises (ADEL.NS) will get no exemption or discounted rates on royalties it has to pay to develop its Carmichael coal mine project in Australia, Queensland state Premier Annastacia Palaszczuk said on Saturday. Ministers from the […]
Donald Trump Is A Big Reason The GOP Kept The Montana House Seat Republican Greg Gianforte’s triumph in Montana’s special House election on Thursday spoiled the plans of Democrats hoping for a major symbolic victory against President Donald Trump. But Montana, where the president remains broadly popular, was always a […]
Donald Trump wanted USSR post in the Reagan years Back in the 1980s and in the middle of the Cold War, Donald Trump believed he was the only one to handle a nuclear disarmament deal, and thus tried to get a government post in the USSR, according to a Nobel […]
The Awkward Body Language of Donald Trump Our golden-haired leader is no silver-tongued devil, but that’s O.K. What he lacks in verbal zingers he makes up for with physical ones. Body language — both his and that of the pitiable people around him — is telling the story of Donald […]
Kushner Is Said to Have Discussed a Secret Channel to Talk to Russia Jared Kushner, President Trump’s son-in-law and senior adviser, spoke in December with Russia’s ambassador to the United States about establishing a secret communications channel between the Trump transition team and Moscow to discuss strategy in Syria and […]