India's TELCO, Bajaj Auto Q1 earnings seen higher

Newswire

By Arif Sharif NEW DELHI, July 24 (Reuters) - Two of India's biggest vehicle-makers are expected to post healthy first-quarter profits bolstered by cost-cutting moves and a sturdy rural economy, analysts say. The country's top truckmaker, Tata Engineering and Locomotive Company Ltd (TELCO), is expected to report its second straight quarterly profit for the April-June period after breaking a losing streak that lasted seven quarters. India's second-largest motorcycle-maker, Bajaj Auto ...

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