McDonald’s 1st-quarter profit rises nearly 4 percent; strong dollar hurts revenue

NEW YORK — McDonald’s Corp., which has been thriving during the economic downturn, saw its first-quarter profit climb nearly 4 percent as more customers worldwide came to the Golden Arches for a cheap meal.

Sonalika tractor maker claims record export sales

CHANDIGARH - The Punjab-based International Tractors (ITL), which sells tractors under the Sonalika brand, Sunday claimed it has achieved the highest export sales among all manufacturers in the country during 2008-09.

Winning bid lifts Tech Mahindra shares, Satyam up too

MUMBAI - Shares of Tech Mahindra, the IT arm of automobile major Mahindra and Mahindra shot up over 12 percent Monday after Satyam’s board announced it had emerged as the highest bidder to take over a strategic 31 percent stake in Satyam.

Russia delivers first batch of nuclear fuel to India

MOSCOW - Russia’s TVEL, a subsidiary of state-controlled nuclear power company Atomenergoprom, has delivered its first shipment of nuclear fuel for Indian heavy-water reactors, the company said Friday.

Tata Steel net down 56.4 percent

NEW DELHI - Tata Steel Wednesday reported 56.4 percent year-on-year decline in net profit in the third quarter this fiscal.

Sex sells, defying economic slowdown

AMSTERDAM - Despite an economic slowdown and a credit crisis, Dutch sex shops and businesses offering erotic services appear to be doing just fine.

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