Newly built motorbikes are seen at the Bajaj Auto Ltd. plant in PuneBajaj Auto, India's second-largest motorcycle maker, maintained its industry-leading profit margins in its fiscal fourth quarter as robust sales growth helped offset rising commodity pricesThe world's third-largest manufacturer of motorcycles rode a 26 percent rise in exports to post quarterly sales in excess of 1 million vehicles for the fourth consecutive quarter"Despite input cost pressures, better realization from exports enabled the company to declare ... earnings before interest, tax, depreciation and amortisation of 9.72 billion rupees," Kevin D'sa, president (finance) said in a statement(Photos by Reuters)

May 17: Bajaj leads with 21% margin

Indian currency of different denominations are seen in this pictureThe rupee fell to a new record low against the dollar on Thursday as local stocks gave up gains notched earlier in the session while the euro remained near four-month lowsThe rupee was last trading at a record low of 54.5650, breaching its previous all-time low of 54.52 hit just on Wednesday

Rupee hits record low on local stocks, risk aversion

A woman checks a gold necklace inside a jewellery showroom in Hyderabad Gold rose about 1% on Thursday as bargain hunters resurfaced after prices tumbled to another 4-1/2 month low in the previous session and the euro rebounded, but gains could be limited by fears of a deepening debt crisis in GreeceInvestors have unwound their bullish bets in gold, cashing in the metal to cover for losses in other markets, after the turmoil in Europe raised the spectre of a recession that threatens to hurt the global economy

Gold up 1%, comes off 4-1/2 month low

A labourer cleans a Bharti Airtel advertisement billboard installed on a truck in KolkataBharti Airtel, India&#39;s top mobile phone operator, on Thursday cut prices of its third-generation (3G) mobile data services by about 70% under some plans, a company statement showed, in a move to boost usage of the premium services in the countryBharti and its rivals in the country started 3G services last year after spending a total more than $12 billion to buy airwaves in an auctionBut take-off of the services, which allow faster Internet on phones and video calls, has been slower than expected, partly due to high prices

Bharti Airtel cuts 3G mobile data prices in India

A man walks past a stock quotation board outside a brokerage in TokyoThe Nikkei share average rose 0.9% on Thursday as upbeat Japanese economic growth data trumped worry about Europe and investors shopped for bargains after Wednesday&#39;s market tumble left the benchmark down 14% this quarterJapan&#39;s economy grew 1% in January-March from the previous quarter, powering ahead of other major industrial nations thanks to the rebuilding of the tsunami-battered northeast region, solid consumer spending and recovering exports