Shares are up 6.02 percent in Indian Rupees year to date.
FORBES: Despite Soft IT Budgets, India's Tata Consultancy Beats Earnings Forecast
At the same time, Indian thermal coal imports surged 15% year-to-date to 10 million tons in August.
FORBES: I Like Coal: Peabody Ultra-Bullish On Coal As Natural Gas Prices Double
The first of two Indian-built carriers is now under construction, with a launch date of 2010.
ECONOMIST: Asia's navies
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