Bloomberg Tata Steel Ltd.’s quarterly profit rose to the highest in nine years as India’s oldest steelmaker reaped gains from higher prices and its focus on the domestic market, where a government push to improve infrastructure has raised demand. Group net income surged nearly four-fold to $495 million in the three months ended on September 30, from 9.76 billion rupees ...

Bloomberg Tencent Holdings Ltd. posted earnings that surpassed all analyst estimates as one-time gains and advertising demand limited the impact of a government clampdown on its lucrative games business. Net income surged 30 percent to 23.3 billion yuan ($3.4 billion) for the September quarter, compared with the 18.4 billion yuan average of estimates. With revenue growing at the slowest pace ...

Bloomberg Babytree Group, a Chinese parenting website backed by Alibaba Group Holding Ltd. and Fosun International Ltd., is seeking as much as $282 million in a Hong Kong initial public offering. The Beijing-based company is offering 250.3 million shares at HK$6.80 to HK$8.80 apiece, according to terms for the deal obtained by Bloomberg. The deal, which is expected to price ...