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GMR Group has held exploratory talks with Airports Authority of India for a partnership to jointly develop airport projects overseas, two people with knowledge of the development said.
* Bharat Forge Ltd October-December net profit fell 53.9 percent to 475.2 million rupees from a year earlier.
* Cipla Ltd has decided to put on hold its $220 million acquisition plan of the third largest South African drugmaker Cipla Medpro due to valuation issues, Cipla chairman YK Hamied said.
* Sun Pharmaceutical Industries Ltd, which has been on a buying spree, ended its agreement to gain full control over its Israeli unit Taro Pharmaceutical Industries Ltd.