13%

Bajaj Auto , India’s second-largest motorcycle manufacturer by sales, reported a 13 percent rise in second-quarter profit, marginally beating analyst estimates, as a weaker rupee boosted export earnings. Bajaj on Wednesday posted a net profit of 8.37 billion rupees for the three months to...

MUMBAI: From being one of the most preferred investment destinations, foreign funds are slowly moving out of India as growth has slowed in the government’s fight against double-digit inflation. The US sub-prime crisis, followed by soaring in crude oil prices, has left the Indian stock markets...