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  • *Company sees Q1 EPS of $0.31- $0.33 vs analysts' $0.39 view. *It sees FY EPS of $1.85 to $1.90 vs analysts' $2.06 view. March 26- Canadian yogawear retailer Lululemon Athletica forecast earnings and revenue below expectations on Thursday, but its shares rose after executives said the weak outlook was largely due to temporary West Coast port delays and currency...

  • *Plant in western India to double local production. SANAND, India, March 26- Ford Motor Co plans to triple exports from India with a $1 billion plant that will be one of its most heavily automated in Asia, offsetting slower sales inside the country with a push to sell more local production abroad. Ford, like foreign rivals General Motors and Volkswagen, has struggled...

  • *Company sees Q1 EPS of $0.31- $0.33 vs analysts' $0.39 view. *It sees FY EPS of $1.85 to $1.90 vs analysts' $2.06 view. March 26- Canadian yogawear retailer Lululemon Athletica forecast earnings and revenue below analysts' expectations, saying it would spend more on innovation to drive sustainable growth.

  • MUMBAI, March 26- A group of investors led by Japanese mobile telecom firm SoftBank Corp is in talks to buy a 20 percent stake in Indian handset maker Micromax Informatics IPO-MINF.NS> for up to $1 billion, two people aware of the discussions said. The investment would value Micromax, an unlisted provider of affordable smartphones that competes with South...

  • Indian telco operators hit by auction costs   Wednesday, 25 Mar 2015 | 11:20 PM ET
    Indian telco operators hit by auction costs

    Sachin Gupta, Regional Head of Telecommunication Research Asia Ex-Japan at Nomura, says major players like Bharti Airtel and Idea Cellular may pay $3 billion and $5 billion, respectively.

  • BBVA puts rescue plan for India's Sahara in doubt Wednesday, 25 Mar 2015 | 7:51 PM ET

    A rescue plan for India's Sahara was thrown into disarray on Wednesday, when Spanish bank BBVA SA denied offering a credit line to the bank.

  • Asia can outperform US this year: Credit Suisse   Wednesday, 25 Mar 2015 | 7:50 PM ET
    Asia can outperform US this year: Credit Suisse

    Ali Naqvi, Head of Equities for Asia Pacific at Credit Suisse, says progress in Japan, expectations for a soft landing in China and a revival in India are underpinning growth in Asian markets.

  • Watch out, EMs crisis coming this year   Wednesday, 25 Mar 2015 | 6:50 PM ET
    Watch out, EMs crisis coming this year

    Atul Lele, CIO of Deltec International Group, says emerging markets excluding India are headed for more pain this year.

  • Uber sets up response teams as safety concerns rise Wednesday, 25 Mar 2015 | 5:17 PM ET

    Uber will form a safety advisory board comprising independent experts to review its practices and advise on adding safety features to its platform, the company's global safety head Phillip Cardenas said in blog post on Wednesday. The measures come in the wake of Brussels police arresting a taxi driver who confessed to taking part in several incidents of...

  • MUMBAI, March 25- India raised a record $17.6 billion from the sale of mobile phone airwaves in its latest telecom spectrum auction after 19 days of fierce bidding, the country's telecoms minister said on Wednesday. Ravi Shankar Prasad said the government received bids worth almost 1.10 trillion rupees, topping the 1.06 trillion rupees it raised in 2010. The...

  • *BBVA says has not provided credit line, as Sahara said in court. MADRID/ MUMBAI, March 25- A rescue plan for India's Sahara was thrown into disarray on Wednesday, when Spanish bank BBVA SA denied offering a credit line to the bank, scuppering the conglomerate's claims it would use it to help secure bail for its jailed boss. Sahara, once one of the country's most...

  • MADRID, March 25- Spain's BBVA SA denied having any credit exposure to Indian conglomerate Sahara, just days after the group told a court it had a line of credit from the bank to secure bail for its jailed boss. On Monday, India's Supreme Court gave Sahara three more months to raise bail after the company told the court it had received a line of credit worth 900 million...

  • Is the ADB's GDP forecast for India reasonable?   Monday, 23 Mar 2015 | 10:53 PM ET
    People walk past a LVMH Moet Hennessy Louis Vuitton SA store at the DLF Emporio shopping mall in New Delhi, India.

    Duvvuri Subbarao, former governor of the Reserve Bank of India, says the Asian Development Bank's forecast for India to grow 7.8 percent in fiscal year 2015-2016 matches market expectations.

  • Monkey menace in India   Monday, 23 Mar 2015 | 1:51 PM ET
    Monkey menace in India

    Agra, India, is being overrun by monkeys, reports CNBC's Tyler Mathisen.

  • March 23- Pfizer Inc and Eli Lilly and Co will resume a late-stage study testing their pain drug tanezumab after the U.S. Food and Drug Administration lifted a partial hold on it. Pfizer expects to receive a $200 million upfront payment from Lilly as a result of the development, the companies said on Monday. In 2013, Pfizer forged a deal with Lilly to jointly develop...

  • MUMBAI, March 23- Indian farmer Nitin Tarode wants to sell his old bull to help pay for his sister's wedding after his income was hit by patchy rainfall. Even lions, tigers and leopards in Mumbai's national park are being fed chicken and mutton rather than their usual beef because the city's main abbatoir has been shut for the past two weeks, said S.D. Saste, the park's...

  • "Now I will have to take a loan for my sister's wedding," says Tarode, the oldest of five siblings and the only earning member of his family in Akola, nearly 600 km inland from Mumbai. Even lions, tigers and leopards in Mumbai's national park are being fed chicken and mutton rather than their usual beef because the city's main abbatoir has been shut for the past two weeks,...

  • MUMBAI, March 23- India's highest court will decide the future of conglomerate Sahara later on Monday, when it rules on whether time has run out for the controversial business empire to raise the $1.6 billion it needs to free its jailed chief. If it fails to raise the cash, the court could appoint a receiver to auction its assets, which include properties such as New...

  • Five themes Asia investors need to know Thursday, 19 Mar 2015 | 8:50 PM ET
    An Indonesian man looks at a running display showing share prices at the stocks exchange building in Jakarta.

    Volatility has become a market hallmark this year and investors across Asia are grappling with a slew of issues. Here are the top five themes.

  • MUMBAI, March 19- India's debt-laden property developers are turning to deep discounts, free parking spots and even gimmicks like gifts of gold coins and motorbikes as they struggle to sell billions of dollars worth of as-yet unfinished homes. It's not just bad news for developers in megacities like Mumbai, now seeking ways to offload inventory with...