China TV 'claims' Philippines as Chinese territory

He Jia, anchor for China Central Television's (CCTV) nationally televised news broadcast, made the claim during a late Monday broadcast that has been repeatedly replayed on the Internet.

The presenter apparently meant to say that the Huangyan islands -- known in the Philippines as the Scarborough Shoal, and claimed by both nations -- is China's territory.

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No immediate pressure on operating margins says IRB Infra

IRB Infra has successfully retained margins and the company doesn't see any immediate pressure on operating margins. In an interview with CNBC-TV18, V D Mhaiskar, CMD, IRB Infra said that the average cost of capital for the company stands at 11.25%.

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