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May 2: Bharti Airtel Q4 net down 28% at Rs 1,006 cr

  • May 2: Bharti Airtel Q4 net down 28% at Rs 1,006 cr

    May 2: Bharti Airtel Q4 net down 28% at Rs 1,006 cr

  • UBS Q1 net shrinks amid own debt charge

    A Switzerland national flag flies in front of the logo of Swiss bank UBS at the company's headquarters in Zurich

    UBS said first-quarter profit more than halved, dragged down by a 1.16 billion Swiss franc hit to profit due to charges on its own debt

    The Swiss bank struck a cautious note for the second quarter, saying economic worries rattling wealthy clients such as the euro zone debt crisis, concern over Europe's banks and the US deficit are likely to take a toll

  • Manufacturing picks up as orders rise - PMI

    A labourer carries a sack filled with corn flour at a wholesale vegetable market in Kolkata

    The pace of growth in India's factory sector inched up in April, supported by bulging order books, but slower output growth and increasing price pressures dampened sentiment, a business survey showed on Wednesday

    The HSBC India Manufacturing Purchasing Managers' Index (PMI), compiled by Markit, rose to 54.9 in April from 54.7 in March

    The index has remained above the 50-mark that divides growth from contraction for more than three years

  • Asian shares rise as US data soothes slowdown fears

    The graphs of various market indices are displayed on an electronic board outside a brokerage in Tokyo

    Asian shares edged higher and the dollar recovered against the yen on Wednesday after strong US factory activity data eased concerns about a loss of momentum in the world's biggest economy

    MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2%, following an overnight rally on Wall Street. The Dow Jones industrial average closed on Tuesday at its highest level in more than four years

  • Facebook's IPO show to hit the road

    An employee works on a computer at the headquarters of Facebook in Menlo Park, California

    The roadshow for Facebook Inc's initial public offering is scheduled to start on Monday, meaning the company's shares should begin trading on May 18, a source familiar with the process said on Tuesday

    Facebook is set to raise at least $5 billion in what will likely be the largest Silicon Valley IPO ever. The world's largest social network continues to command keen investor interest although disappointing first-quarter results raised questions about whether it can sustain breakneck growth for the longer term