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IndiaFlag-080114.jpg India's manufacturing activity improved for the ninth straight month to a 17-month peak in July as companies scaled up production, survey data compiled by Markit Economics showed Friday. The HSBC manufacturing Purchasing Managers' Index rose to a 17-month high of 53 in July from 51.5 in June. A score above 50 indicates expansion in the sector.

ICICIBank-073114.jpg ICICI Bank, India's second-largest bank, reported an increase in its profit for the first-quarter on higher net interest and non-interest income, backed by significant growth in advances and deposits. Stand-alone Results The Mumbai-based bank posted a first-quarter stand-alone net profit of Rs.2,655.30...

DrReddys-073014.jpg Pharma major Dr. Reddy's Laboratories Ltd. reported an increase in its consolidated net profit for the first quarter, as per Indian GAAP basis, backed by an increase in sales, particularly from Global Generics vertical. On a stand-alone basis, the company posted nine-fold jump in its net profit. Consolidated...