The rise in WPI was due to a rise in fuel inflation, which rose to 37.2 percent, up from 24.8 percent in September.
CNBCTV-18's Ronak Jain and Ashwin Raghunath report that infrastructure companies are trying to reduce debt by leveraging more they can handle
Tech Mahindra, India's No 5 IT outsourcing firm, faces a challenge to maintain margins at about 22% due to rising costs and competition, its chief executive said on Thursday.
Standard Chartered, the British emerging markets-focused bank, plans to continue hiring aggressively in Asia despite rising costs and thinning margins, it said on Friday, as it believes growth in the region will outpace that of the rest of the world.