Bloomberg It’s hard to predict whether India will re-elect a majority government next year. But one fund manager has advice for investors: go against the crowd. If stocks start to rise on expectations of a stable administration, investors must book profit and re-enter should the results confirm the outcome, said Nilesh Shah, who oversees $19 billion as chief executive officer ...

Bloomberg India’s factory output expanded at the slowest pace in five months, underlining the need for Asia’s third-largest economy to boost investments and consumer spending for faster growth. Growth in output from factories was 4.4 percent in March from a year earlier, the statistics ministry said in a statement in New Delhi. The median of 35 estimates in a Bloomberg ...

Bloomberg Mazda Motor Corp. named Akira Marumoto its next chief executive officer to lead a revival in earnings growth in the face of a slowing US market. Marumoto, an executive vice president who heads operations in the US, will replace Masamichi Kogai after the change is ratified at an annual shareholder meeting on June 26, Mazda said. Kogai will become ...