Bloomberg NTPC Ltd., India’s biggest power producer, reported a 4 percent increase in its first-quarter profit on the back of higher energy sales. Profit for the three months ended June 30 rose to 23.7 billion rupees ($353 million) from 22.76 billion rupees a year ago, according to a stock exchange filing. Revenue climbed 11 percent to 189.4 billion rupees ...

  Bloomberg Shanghai Electric Power Co. said it’s seeking a stake in K-Electric Ltd., the $2.3 billion Pakistani utility, in what could become its largest overseas deal. The Chinese company is doing preliminary preparation work on acquiring a stake in K-Electric and hasn’t decided how much it will buy, it said in a Shanghai exchange filing Monday. Shanghai Electric Power ...

  Bloomberg Developer Bo San had already sold all the units in his 12-story high-rise in Yangon in Myanmar when he was forced to halt construction. Three months later he faces the task of having to remove two floors to comply with new height regulations, at a cost of $8 million. Since May, the regional government of Aung San Suu ...