NEWS BY INDUSTRY

Pub and restaurant operator Mitchells & Butlers Plc Thursday reported a higher profit for its first half, driven by growth in revenues as well as improved margins. However, the firm anticipates consumer confidence and discretionary income growth to remain subdued for some more time.

India's largest commercial bank, State Bank of India or SBI reported a fall in its stand-alone net profit for the fourth-quarter, on higher provisions for non-performing assets. Stand-alone Results The...

British brewer SABMiller Plc Thursday reported a decline in profit for fiscal 2013, reflecting exceptional gains it enjoyed last year. Group revenues grew 10 percent from the prior year, and total beverage volumes were up 4 percent on an organic basis. The board also proposed a higher final dividend.