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India firms disappoint with 6% earnings fall

Published Tue, Feb 17, 2015 · 09:50 PM
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Mumbai

EARNINGS of India's largest companies fell more than expected in the latest quarter, adding to scepticism over a stock market rally that started in early 2014 and official figures showing the country's economic growth outpaced China's.

The combined net income of 100 firms with a market valuation of more than US$100 million dropped 6 per c…

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