DERA ISMAIL KHAN, Pakistan (Reuters) -At least seven teachers were killed in a shooting at a school in northwestern Pakistan on Thursday in what appeared to be retaliation for an attack shortly before in which another teacher was shot dead, officials said. Both incidents occurred in the Parachinar area of Kurram tribal district near the …
Eight teachers killed in Pakistan school shootings Read More »
(Reuters) – Embattled property developer Sunac China Holdings Ltd said on Thursday that about 85% of its existing bondholders had agreed to a proposal on debt restructuring. The company had met the minimum requirement for the proposal in late April, after creditors holding about 75% of its existing debt had agreed to the restructuring, but …
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(Reuters) – Indian tyremaker CEAT Ltd reported a more-than-five-fold increase in its fourth-quarter profit on Thursday, aided by low raw material costs and strong domestic demand. CEAT’s consolidated net profit rose to 1.34 billion rupees ($16.40 million) in the three months ended March 31, from 252.5 million rupees a year ago. Analysts, on average had …
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SRINAGAR (Reuters) -An Indian army helicopter made a “hard landing” in a remote part of Indian Kashmir on Thursday, killing one person and injuring two pilots on board, the army said. The domestically produced Advanced Light Helicopter (ALH) reported a technical fault to air traffic control and made a precautionary landing on the banks of …
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BENGALURU (Reuters) – Tata Power Co Ltd on Thursday reported a roughly 55% rise in fourth-quarter profit, as increased electricity output ahead of summer boosted its transmission and distribution segment. Consolidated net profit increased to 7.78 billion rupees ($95.2 million) in the three months ended March 31, compared with 5.03 billion rupees a year earlier, …
India’s Tata Power posts 55% profit jump on strong distribution growth Read More »
By Krishn Kaushik GOA, India (Reuters) -Foreign ministers of the Shanghai Cooperation Organisation gathered in India on Thursday to discuss regional security matters, including adding Iran and Belarus to a union of nations seen as a counterweight to Western influence in Eurasia. The SCO is a political and security union of countries spanning much of …
Eurasian foreign ministers gather in India on regional security Read More »
CHENNAI (Reuters) – TVS Motor Co Ltd reported a near-50% jump in quarterly profit on Thursday, as people bought more of its scooters and electric two-wheelers even after Indian manufacturers raised product prices. The company’s profit climbed to 4.1 billion rupees ($50.17 million) for the quarter ended March 31, from 2.75 billion rupees, a year …
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TOKYO (Reuters) – Japan has not made any concrete plans for high-level talks with China, Japanese Prime Minister Fumio Kishida said on Thursday. Kishida made the comment at a press conference in Mozambique where he was wrapping up a trip to Africa. He said he had discussed the situation in Sudan with African leaders and …
Japan’s Kishida says no concrete plans on high-level talks with China Read More »
BENGALURU (Reuters) -India’s Hero MotoCorp Ltd reported a bigger-than-expected 37% rise in fourth-quarter profit on Thursday, helped by higher domestic vehicle sales. The world’s largest two-wheeler maker by sales said its profit rose to 8.59 billion rupees ($105.12 million) for the quarter ended March 31, beating analyst expectations of 7.35 billion rupees according to Refinitiv …
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MUMBAI (Reuters) -India’s Adani Enterprises Ltd said on Thursday that its quarterly profit more than doubled, helped by a strong performance at its key coal trading division. The company’s consolidated profit increased to 7.22 billion Indian rupees ($88.3 million) in the fourth quarter ended March 31, from 3.04 billion rupees a year earlier. Adani Enterprises’ …
India’s Adani Enterprises says Q4 profit surges on coal trading boost Read More »
