DUBAI / Reuters Qatari telecom operator Ooredoo reported a 75 percent rise in first-quarter net profit driven by foreign exchange gains from Indonesia and Myanmar. The earnings of the former monopoly, which operates in about a dozen territories across the Middle East, Africa and Asia, have been volatile since mid-2013 when foreign exchange losses and plunging earnings from Iraq ...

  New Delhi / Bloomberg India’s top court extended a ban on registration of new large diesel-powered vehicles in New Delhi to curb pollution, dealing a blow to automakers such as Daimler AG’s Mercedes-Benz and Toyota Motor Corp. The prohibition, imposed in December, will continue until the next hearing on May 9, said Gopal Subramaniam, a lawyer appearing for Mercedes ...

  New Delhi / Bloomberg IndiGo, India’s largest airline, posted fourth-quarter profit exceeding analysts’ estimates as a slump in crude oil cut fuel costs, helping the carrier offer cheaper fares and garner a bigger share of the world’s fastest-growing air travel market. Net income in the three months through March was almost unchanged at 5.79 billion rupees ($87.3 million) compared ...