Category Archives: Business

NEW DELHI (Reuters) – India’s coal imports fell 6 percent in April from a year ago to 15.2 million tonnes, the first dip in three months, as power and steel producers used up stocks piled up in previous months, according to provisional data from research firm OreTeam.

Reuters Market Eye – Shares in Titan Co Ltd gain 1.4 percent to 275 rupees, adding to Tuesday’s gain of 3.5 percent, after the jewellery company’s January-March profit rose a stronger-than-expected 11.3 percent.

Reuters Market Eye – Shares in Gujarat Pipavav Port Ltd rose as much as 18.5 percent to a record high of 106.45 rupees after the port operator reported a 72 percent surge in January-March net profit.

Reuters Market Eye – Shares of Bharat Petroleum Corp Ltd (BPCL) gain 1.3 percent while Oil and Natural Gas Corp Ltd is up 0.42 percent after Anadarko Petroleum Corp on Monday raised its reserve estimates for a Mozambique asset where the two Indian energy companies own stakes.